Business

June 19, 2013

AAR explore establishment of supply chain, MRO 0perations in Russia

AAR CORP. announced June 18 that it has signed a letter of intent outlining a tentative two-phase project to establish a technical maintenance center for commercial aircraft in Ulyanovsk, Russia.

The project, as initially defined, includes an aircraft parts distribution and logistics center, scheduled to open in mid-2014, followed by a commercial aircraft maintenance facility, scheduled to open in 2015.

Our long-term growth strategy continues to address what is clearly a global opportunity for value-added aviation services,î said David P. Storch, chairman and CEO of AAR CORP. ìWith this agreement, AAR will extend its superior value proposition into this rapidly growing, yet significantly underserved market in Russia and eastern Europe. We believe we are in an excellent position to leverage our expertise to establish a world-class facility with a comprehensive service offering to support a wide range of customers throughout the region. We are confident that with the assistance of strong, capable partners and the continued support of the Russian government, we can bring this project to fruition.

Konstantin Koloskov, principal at Tur Partners LLC, a Chicago-based adviser specializing in infrastructure development within Russia, commented, We are very pleased to work with AAR on the exploration of this important project. The Russian aviation marketplace, the excellent support of the leadership in Russia, and AARís industry leading position make a powerful combination that we expect will lead to a successful launch and strengthen Ulyanovskís position as an aviation center of excellence.î




All of this week's top headlines to your email every Friday.


 
 

 

Headlines January 30, 2015

News: Taliban claims responsibility for attack on Americans at military base near airport - The Taliban claimed responsibility Jan. 30 for a shooting incident at a military base attached to Kabul’s international airport yesterday that killed three American civilian contractors and an Afghan national, saying the attacker had infiltrated the ranks of the security forces. Commission...
 
 

News Briefs January 30, 2015

Military judge weighs restrictions on Gitmo female guards A military judge is deciding whether to continue restricting the use of female guards at Guantanamo. Navy Capt. J. Kirk Waits heard closing arguments Jan. 29 at the base in Cuba during a pretrial hearing for Abd al-Hadi al-Iraqi. Waits didn’t say when he will rule. Hadi...
 
 
Air Force photograph by 1st Lt. Jake Bailey

Cope South experts exchange knowledge, techniques

Air Force photograph by 1st Lt. Jake Bailey TSgt. Sam Bishop, center left, and SSgt. Jeffrey Stephens discuss propeller maintenance with Bangladesh air force maintainers, from the 101st Special Flying Unit, during exercise Cope...
 

 

Air Force names 2-star to lead F-35 Integration Office

With the initial operating capability date of the F-35 Lightning II quickly approaching, the Air Force appointed Maj. Gen. Jeffrey Harrigian as the director of a larger Air Force F-35 Integration Office, Feb. 1. In addition to gaining new leadership, the F-35 Integration Office will also grow from a staff of four to 12 and...
 
 
boeing-ana2

Boeing announces ANA’s commitment to more jetliners

Airline continues fleet modernization with Boeing airplanes Boeing and All Nippon Airways announced Jan. 30 the airline’s intent to purchase three 787-10 Dreamliners to add additional flexibility to the airline’s 787 fleet....
 
 
Air Force photograph by Scott M. Ash

Air Force risks becoming too small to succeed under sequestration

Air Force photograph by Scott M. Ash Air Force Chief of Staff Gen. Mark A. Welsh III testifies before the Senate Armed Services Committee Jan. 28, 2015, in Washington, D.C., as Commandant of the Marine Corps Gen. Joesph F. Dunf...
 




0 Comments


Be the first to comment!


Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>