| Business Summary | | AAR
Corp.
is
a
worldwide
leader
in
supplying
aftermarket
products
and
services
to
the
global
aviation/aerospace
industry.
AAR
reports
its
activities
in
one
business
segment
-
Aviation
Services.
Three
classes
of
similar
products
and
services
are
included
within
this
segment:
Aircraft
and
Engines,
Airframe
and
Accessories
and
Manufacturing.
The
principal
customers
for
its
products
and
services
are
domestic
and
foreign
commercial
airlines,
regional/commuter
airlines,
business
aircraft
operators,
aviation
original
equipment
manufacturers,
aircraft
leasing
companies,
domestic
and
foreign
military
organizations
and
independent
aviation
support
companies. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | AAR
Corp.
is
an
independent
supplier
of
aviation
products
and
services
to
the
highly
competitive
worldwide
aviation/aerospace
aftermarket.
For
the
fiscal
year
ended
5/31/01,
revenues
fell
15%
to
$874.3
million.
Net
income
fell
47%
to
$18.5
million.
Revenues
reflect
lower
aircraft
sales
and
reduced
demand
for
certain
engine
parts
by
a
major
customer.
Net
income
also
reflects
reduced
gross
margins
due
to
pricing
pressures
on
older
technology
engine
parts. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Ira Eichner, 69 Chairman | -- | David Storch, 47 Pres,
CEO, Director | $1.5M | Michael Beckstead Pres
and Gen. Mang., Distribution | -- | Joseph Gullion, 51 COO,
Exec. VP | -- | Philip Slapke, 47 Exec.
VP | 670K | Dollar
amounts are as of 31-May-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|