1. AAR becomes an authorized service center for Eaton in EMEA. 2. Agreement enhances AAR's capabilities in hydraulic component repairs. 3. AAR plans to expand services to more products and regions. 4. The collaboration emphasizes improved customer satisfaction for airlines.
This new service agreement positions AAR for growth in the aviation market, similar to past successful partnerships, which boosted stock prices, e.g., AAR's collaboration with Boeing increased service revenue significantly.
The agreement represents a significant new revenue stream for AAR, indicating strong market demand for their MRO services, elevating their industry standing.
The partnership expands AAR's footprint in key EMEA markets and signals potential for sustained revenue growth as the aviation sector recovers and expands post-pandemic.
WOOD DALE, Ill., Oct. 15, 2025 /PRNewswire/ -- AAR CORP. (NYSE:AIR), a leading provider of aviation services to commercial and government operators, MROs, and OEMs, and Eaton today signed an agreement for AAR to become an authorized service center for Eaton's commercial aerospace customers across Europe, the Middle East, and Africa (EMEA).
Under the agreement, AAR will provide local repair and overhaul of Eaton's hydraulic components for large commercial aircraft. The services will be performed at AAR's Component Services facility in Amsterdam.
This service agreement strengthens the repair capabilities for Eaton's hydraulic products by ensuring the use of official repair documentation and maintaining consistency through OEM spare parts via a new authorized service center.
"Our strategic agreement with AAR demonstrates our commitment to improving customer satisfaction by offering airlines expanded options for hydraulic pump repairs and extends our collaboration beyond spare parts distribution," said Matt Norman, vice president, Aftermarket and Commercial Services for Eaton's Aerospace Group.
AAR will initially concentrate on hydraulic pump repairs for commercial customers in EMEA, with plans to broaden its portfolio to additional products and regions in the future.
"AAR is pleased to become an authorized service center in EMEA, combining our quality service with Eaton's strong aftermarket support. Our highly competitive offering using Eaton parts is well matched to the current market landscape," said Jim Berberet, AAR's Senior Vice President of Component Services. "This is an exciting approach for customers who desire quality and durability in a third-party MRO alternative."
For more information on AAR's Component Services, part of the Company's Repair & Engineering segment, visit https://www.aarcorp.com/en/services/component-services/.
About AAR
AAR is a global aerospace and defense aftermarket solutions company with operations in over 20 countries. Headquartered in the Chicago area, AAR supports commercial and government customers through four operating segments: Parts Supply, Repair & Engineering, Integrated Solutions, and Expeditionary Services. Additional information can be found at aarcorp.com.
About Eaton
Eaton is an intelligent power management company dedicated to protecting the environment and improving the quality of life for people everywhere. We make products for the data center, utility, industrial, commercial, machine building, residential, aerospace and mobility markets. We are guided by our commitment to do business right, to operate sustainably and to help our customers manage power -- today and well into the future. By capitalizing on the global growth trends of electrification and digitalization, we're accelerating the planet's transition to renewable energy sources, helping to solve the world's most urgent power management challenges, and building a more sustainable society for people today and generations to come.
Founded in 1911, Eaton has continuously evolved to meet the changing and expanding needs of our stakeholders. With revenues of nearly $25 billion in 2024, the company serves customers in more than 160 countries. For more information, visit www.eaton.com. Follow us on LinkedIn.
This press release may contain certain statements relating to future results, which are forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995, reflecting management's expectations about future conditions, including anticipated activities and benefits related to the service agreement. Forward-looking statements may also be identified because they contain words such as ''anticipate,'' ''believe,'' ''continue,'' ''could,'' ''estimate,'' ''expect,'' ''intend,'' ''likely,'' ''may,'' ''might,'' ''plan,'' ''potential,'' ''predict,'' ''project,'' ''seek,'' ''should,'' ''target,'' ''will,'' ''would,'' or similar expressions and the negatives of those terms. These forward-looking statements are based on beliefs of management, as well as assumptions and estimates based on information currently available to management and are subject to certain risks and uncertainties that could cause actual results to differ materially from historical results or those anticipated. For a discussion of these and other risks and uncertainties, refer to "Risk Factors" in AAR CORP.'s most recent Annual Report on Form 10-K and subsequent Quarterly Reports on Form 10-Q. Should one or more of these risks or uncertainties materialize adversely, or should underlying assumptions or estimates prove incorrect, actual results may vary materially from those described. These events and uncertainties are difficult or impossible to predict accurately and many are beyond management's control. Management assumes no obligation to update any forward-looking statements to reflect events or circumstances after the date of such statements or to reflect the occurrence of anticipated or unanticipated events. |
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SOURCE AAR CORP.