Russian Customer Takes Delivery Of The First AW119 Ke Helicopter With Versace Designed Interior

September 18, 2008

18/09/2008

AgustaWestland and Versace are pleased to announce, during a ceremony held at JetExpo 2008 in Moscow today, that the first AW119 Ke single turbine engine helicopter featuring a Versace-styled interior has been delivered to a private customer in Russia. The VIP/corporate transport-configured helicopter owned by Sergei Shmakov has been configured in an six seat layout trimmed in white and blue leather bearing the Versace trademark of style, elegance and luxury. The AW119 Ke is the latest helicopter in the AgustaWestland range, following the AW109 Power and Grand light twins, and the AW139 medium twin, to be fitted with Versace interiors and adorned with the unique Versace designed paint scheme. The delivery of this AW119 Ke marks the continued success of the AW119 Ke in the Russian commercial helicopter market.


AgustaWestland and leading Italian fashion design house Versace first announced their collaboration to offer AgustaWestland’s customers a range of exclusively designed cabin interiors for its helicopters in 2007. Following the launch of the Grand with Versace designed cabin interiors in 2007, AgustaWestland and Versace further strengthened their collaboration in February this year adding the AW139 to the range of helicopters, with an even wider variety of design solutions to provide the most luxurious, exclusive and comfortable helicopter interiors. The first two helicopters to be fitted with Versace-styled interiors, an AW109 Power and a Grand, were delivered to their customers during an official ceremony in March this year. All the AgustaWestland VIP/corporate-configured helicopters interiors utilise the finest materials and the highest standards of craftsmanship, mixed with a very modern approach to elegance and comfort. The Versace interior is one of several interior designs offered by AgustaWestland for its VIP/Corporate range of products. .

The AW119 Ke 2.8 ton single engine helicopter offers operators unmatched performance and a payload/range capability that makes it an unrivalled helicopter in its class. The AW119 Ke is ideally suited to perform VIP/corporate transport operations thanks to the roomiest and most comfortable cabin in its category capable of carrying up to six passengers. Its high cruise speed, long range and power for the most demanding hot and high operational conditions gives its owners and operators unmatched capability. Over 180 helicopters have been ordered to date by almost 80 customers in 20 countries to perform various roles including VIP/corporate transport, EMS, law enforcement and offshore transport. Sergei Shmakov is President of “Sapsan” holding, the leading Russian Real Estate company. “Sapsan” has built 16 real estate villages in different regions of the country. Besides successfully leading “Sapsan”, Sergei Shmakov is also a famous sportsman: all-round world champion in Rally-raid, as well as participant in many races including the Lisbon – Dakar rally.

TAM Cargo Announces New Cargo Terminal Operations at Tom Jobim Airport

September 16, 2008

The facility’s capacity for handling domestic cargo has been quadrupled to
accommodate up to 60 tons per day

SAO PAULO, Brazil, Sept. 16 /PRNewswire-FirstCall/ — TAM Cargo
(Bovespa: TAMM4 and NYSE: TAM), the cargo branch of TAM Linhas Aereas,
began operating in its new domestic cargo terminal at the Tom Jobim Airport
(Galeao), in Rio de Janeiro. The facilities occupy a total area of 1,200
square meters and are able to store up to 60 tons of cargo per day — four
times more than the old terminal.

TAM’s Vice President of Commerce and Planning, Paulo Castello Branco,
said that the new cargo terminal will complement the investments that TAM
is making in Rio de Janeiro’s market. “We are increasing the number of
domestic and international flights out of the Tom Jobim Airport, and for
this reason have installed a structure that is capable of serving our
clients in the cargo industry,” explained Castello Branco.

TAM’s Director of Cargo, Carlos Amodeo, explains that the new
terminal’s infrastructure allows more operational agility and improved
quality in customer service. “With the expansion of our storage capacity
for domestic cargo, we are better prepared to meet the growing demand,”
said Amodeo. International cargo will continue to be moved through
Infraero.

TAM Cargo will invest approximately R$ 22 million in infrastructure in
domestic cargo terminals throughout the country in 2008. The company is
also investing another R$ 8 million in national and international cargo
systems, which will allow TAM Cargo to increase its cargo capacity and
further integrate its operational, commercial and financial sectors.

In the first half of 2008, TAM Cargo reported an increase of 33.6% in
gross cargo sales (domestic and international cargo), reaching R$ 470.2
million, compared to R$ 352 million in the same period of 2007. The result
represented approximately 9.5% of the total revenue of R$ 5 billion
reported by the company in that period.

The growth in TAM Cargo’s revenue is primarily due to commercial
efforts to gain client loyalty, an increase in corporate agreements,
acquisition of new clients and improvements in service levels. This growth
is also due to the company’s increased international presence and, in the
domestic market, the substitution of F-100 airplanes for airplanes in the
A320 family, resulting in more cargo hold space.

TAM Cargo

TAM Cargo’s portfolio contains options that meet the needs of every
sector: TAM Cargo Proximo Voo (Next Flight) — the fastest on the market,
for urgent deliveries; TAM Cargo Proximo Dia (Next Day) — delivery on the
day after it was sent; TAM Cargo Convencional (Conventional) — ideal for
transporting large volumes; TAM Cargo Internacional (International) — for
importing and exporting cargo from airport to airport.

Currently, TAM Cargo serves 42 Brazilian airports with direct flights,
collects from more than 400 cities and delivers to more than 3,900
locations in the country. TAM Cargo International service reaches
approximately 45 countries and more than 120 countries spanning the
Southern Cone Common Market, North America, Europe and the Far East.

Seeking service excellence, TAM Cargo offers customer service solutions
through the website http://www.tamcargo.com.br and through their 24-hour Call
Center, which allows users to obtain general information about
transportation of goods, get price quotes, request pick-ups and track cargo
in real time. The phone number for this service is 0300 1159999.

SOURCE TAM Linhas Aereas

Embraer Opens Executive Jets Service Center in Mesa, Arizona

September 16, 2008

New facilities in the U.S. provide full-service care for Embraer executive
jets

SAO JOSE DOS CAMPOS, Brazil, Sept. 16 /PRNewswire-FirstCall/ — Embraer
celebrates the opening of its 47,700 square-foot (4,431 square-meter)
hangar, today, at Phoenix-Mesa Gateway Airport, in Mesa, Arizona, United
States. The new facility is dedicated to full-service care for the
Company’s Phenom 100, Phenom 300, Legacy 450, Legacy 500 and Legacy 600
executive jets.

“The grand opening of this service center reinforces Embraer’s
long-term commitment to providing a full-service support network for its
growing fleet of executive jets in North America and signals its readiness
for the Phenom 100 to enter service,” said Edson Carlos Mallaco, Embraer
Vice President, Customer Support and Services, Executive Jets. “The Mesa
facility is part of the Company’s investment of over US$ 100 million in the
infrastructure and organization needed to ensure convenient and efficient
support and services to its executive jets customers.”

The new Embraer facility consists of a hangar, workshops and office
space, for an estimated investment of US$ 10 million. The Company’s
commitment to the community is to create approximately 60 jobs over the
next five years. The first employees are already hired. By the end of
September they will complete training for servicing the Phenom 100 model.

“What an exciting day for the City of Mesa, Phoenix-Mesa Gateway
Airport, and the entire region, as Embraer officially opens its new service
center,” said Scott Smith, Chairman of the PMGAA Board of Directors and
Mayor of Mesa, Arizona. “This is exactly the type of company we want at the
airport and in our community – a globally-recognized aerospace leader with
a track record of success.”

Partners in the Embraer project include the State of Arizona, the City
of Mesa, and the Phoenix-Mesa Gateway Airport Authority.

Architectural and engineering firm Barge Waggoner Sumner and Cannon,
Inc., designed the new facility, and Chase Construction was the builder,
both based in Nashville, Tenn., U.S., where an Embraer Service Center
provides support for its commercial E-Jets and the Legacy 600 and Lineage
1000 executives jets.

The executive jets service center network owned and operated by Embraer
in the country will soon include locations at Ft. Lauderdale – Hollywood
International Airport, Ft. Lauderdale, Fla., and Bradley International
Airport, in Windsor Locks, Conn. Ribbon cutting ceremonies for Florida and
Connecticut will also take place this fall.

Each facility will be capable of providing full-service aircraft care,
including routine inspection, scheduled and unscheduled maintenance, and
airframe, engine, avionics, and other systems repairs, 24/7 assistance,
Aircraft On Ground (AOG) mobile rescue teams, and an inventory of
expendable and repairable parts. Services may also include painting and
interior refurbishments.

Embraer’s authorized service center network in the U.S. is comprised of
24 locations and spans 18 states. By the end of 2008, Embraer will have
seven wholly-owned (four in the U.S.) and 38 authorized service centers,
worldwide.

Southwest Airlines and Latino Art Beat Partner to Honor Hispanic Heritage Month

September 16, 2008

Southwest Airlines and Latino Art Beat will display award winning pieces in
tribute to Latino youth talent

DALLAS, Sept. 15 /PRNewswire-FirstCall/ — With three art expositions
placed in Chicago’s Midway Airport, Dallas Love Field, and at its corporate
Headquarters, Southwest Airlines kicks off Hispanic Heritage month today,
celebrating Latino art, youth, and their future. The art exhibition will
consist of ten award winning pieces from Hispanic high school students from
Chicago, Houston, Los Angeles, Miami, and Washington D.C. Since 1998,
Latino Art Beat has awarded its competition winners more than $1 million in
college scholarships, monetary prizes, college credit courses, and Spanish
language courses.

“As one of the top 60 diversity elite companies in the United States,
Southwest Airlines has consistently shown it supports the Hispanic
community,” said Jena Atchison, Segment Marketing Manager for Southwest
Airlines. “Hispanic Heritage month celebrates talent and perseverance, and
we are delighted to be part of a program that honors these extraordinary
Latinos.”

The display will run from today until October 15, 2008, when the local
Southwest Employees will gift the artwork to different non-profit
organizations like the Ronald McDonald House.

“Through our national initiatives, Latino Art Beat helps shape our
children’s future today by offering them alternatives, encouraging higher
education through scholarship awards, celebrating heritage through their
artistic talents, and better preparing them for their future job
opportunities,” said Don Rossi Nuccio, President of Latino Art Beat. “By
profiling these talented young artists through Southwest Airlines airport
displays in Chicago and Dallas, we are not only celebrating their wonderful
artwork but encouraging their future success.”

Latino Art Beat’s annual art competition for high school students is
held in May of each year. The theme is “What Hispanic Heritage & Culture
Means to Me.” The competition categories are: Drawing & Painting, 3-D
Artwork, 3-D Sculpture, Photography, Computer Generated Art, Film, and
Animation. Five talented winners are selected each year and participate in
exhibitions all across the country.

Southwest Airlines shares its passion for Hispanic Heritage Month with
our internal and external Customers by hosting celebrations in our Hispanic
focus markets. Local Employees kick off the festivities by partnering with
local organizations, and at airports, with gate games, Mariachi music,
authentic foods, and distributing commemorative T-shirts and lapel pins
emblazoned with our Hispanic Heritage Month message “Celebremos Tu
Herencia,” “We Celebrate Your Heritage.” Hispanic Heritage month posters
also are on display during this month-long celebration. Finally, be on the
lookout for Southwest’s Hispanic Heritage Month specialty packaged peanuts!

With 37 years of service, Southwest Airlines continues to offer the
best value in airline travel, allowing Customers the opportunity to travel
nonstop throughout the country at a very low fare. Southwest charges no
fees for first or second checked bags, or for pillows, blankets, or snacks.
Since 1987, the airline has maintained the lowest ratio of Customer
complaints to enplanements as published in the Department of
Transportation’s Air Travel Consumer Report. Southwest Airlines (NYSE:
LUV), the nation’s largest carrier in terms of domestic passengers
enplaned, currently serves 64 cities in 32 states. Based in Dallas,
Southwest currently operates more than 3,400 flights a day and has more
than 34,000 Employees systemwide.

United Airlines Increases the Fee to Check a Second Bag

September 16, 2008

CHICAGO, Sept. 15 /PRNewswire-FirstCall/ — In a challenging economic
environment where fuel prices continue to be volatile and are more than 50
percent higher than last year, United is increasing the service fee to
check a second bag on a domestic flight from $25 to $50 one way. These
changes apply to customers who purchase a ticket on or after Sept. 16,
2008, for travel within the U.S. and to/from Canada, Puerto Rico and the
U.S. Virgin Islands on or after Nov. 10, 2008.

The service fee does not apply to customers who are flying in United
First or United Business, have Premier status with United or Star Alliance,
or active duty military personnel traveling on orders. United estimates
that the $50 service fee will apply to one out of seven customers.

Customers may continue to carry on one bag and one personal item such
as a purse, briefcase, or laptop computer to fit under the seat or in an
overhead bin. For itineraries that include international flights (except
Canada), checking a first and second bag will continue to be free.

Details on United’s checked bag policy are available at
united.com/baggage.

The potential revenue from United’s merchandising efforts, including
those for checking a first and second bag, will now be approximately $700
million in 2009.

Customers may pay these service fees at an airport Easy Check-In(SM)
kiosk or with a skycap using a credit card or at the check-in counter with
a credit card, check or cash. To ensure smooth operations at the airport,
later this year, United will have developed the ability for customers to
pay for baggage fees via united.com when they check-in online.

About United

United Airlines (Nasdaq: UAUA) operates more than 3,200* flights a day
on United and United Express to more than 200 U.S. domestic and
international destinations from its hubs in Los Angeles, San Francisco,
Denver, Chicago and Washington, D.C. With key global air rights in the
Asia-Pacific region, Europe and Latin America, United is one of the largest
international carriers based in the United States. United also is a
founding member of Star Alliance, which provides connections for our
customers to 975 destinations in 162 countries worldwide. United’s 55,000
employees reside in every U.S. state and in many countries around the
world. News releases and other information about United can be found at the
company’s Web site at united.com.

*Based on the flight schedule between Jan. 1, 2008 and Dec. 31, 2008.

SOURCE United Airlines

Singapore Airlines Cargo Selects Pratt & Whitney for $500 Million Maintenance Contract

September 16, 2008

EAST HARTFORD, Conn., Sept. 15 /PRNewswire-FirstCall/ — Singapore
Airlines Cargo (SIA Cargo) signed a 10-year, more than $500 million Fleet
Management Program agreement with Pratt & Whitney Global Service Partners.
Pratt & Whitney is a United Technologies Corp. (NYSE: UTX) company.

The agreement covers 13 Boeing 747-400F cargo aircraft powered by Pratt
& Whitney PW4000-94″ engines and six spare engines. SIA Cargo is one of the
world’s largest operators of B747-400 freighters, and has a route network
that covers 74 destinations in 39 countries.

“Our customers expect high service and operating standards from us. It
is essential for us to partner with an organization that shares our service
philosophy and one that is globally known for its technical excellence in
engine manufacturing and maintenance. Pratt & Whitney is driven by these
values and is recognized as a leading player in the global maintenance and
repair industry. We are therefore proud that they are our Fleet Management
Program partner,” said Tan Tiow Kor, senior vice president, sales &
marketing, SIA Cargo.

“We are happy to have the opportunity to support Singapore Airlines
Cargo, which is a renowned carrier, for the next decade. Fuel prices now
can comprise nearly half of an airline’s operating cost, but effective
engine maintenance and service can save money by keeping engines in
operation longer,” said Tom Mayes, vice president, engine centers, Pratt &
Whitney Global Service Partners.

Singapore Airlines Cargo Pte Ltd. is the world’s fourth largest
international cargo airline in terms of load tonne-kilometres carried, and
is a wholly owned subsidiary of Singapore Airlines Limited (SIA). On July
1, 2001, Singapore Airlines Cargo assumed the entire cargo operations of
SIA and commenced business as an all-cargo airline.

Pratt & Whitney Global Service Partners is the industry’s only
OEMRO(TM) and is a full service provider for engines made by Pratt &
Whitney, International Aero Engines, General Electric, Rolls-Royce and
CFMI. Pratt & Whitney is a world leader in the design, manufacture and
service of aircraft engines, space propulsion systems and industrial gas
turbines. United Technologies, based in Hartford, Conn., is a diversified
company providing high technology products and services to the global
aerospace and commercial building industries.

Hamilton Sundstrand to Supply Ram Air Turbine for A350 XWB

September 16, 2008

WINDSOR LOCKS, Conn., Sept. 16 /PRNewswire-FirstCall/ — Airbus has
selected Hamilton Sundstrand, a subsidiary of United Technologies Corp.
(NYSE: UTX), to provide the Ram Air Turbine emergency power system for the
Airbus A350 XWB.

Hamilton Sundstrand estimates total A350 XWB Ram Air Turbine (RAT)
system revenues in excess of $500 million over the life of the multi-year
program.

“We are proud to support Airbus’ latest advanced commercial aircraft,”
said Michael Epling, general manager, Hamilton Sundstrand Electric Systems’
Commercial Systems Enterprise. “As the world’s leading RAT systems
supplier, we strive to provide the best competitive and technical solutions
for our customers, and we’re pleased to be selected for the A350 XWB.”

In the extremely rare loss of power from the engines, the RAT deploys
into the airstream and produces power for the cockpit and flight controls
to safely land the aircraft.

The RAT system will be designed and manufactured in Rockford, Ill.

The A350 XWB (Xtra Wide-Body) Family is Airbus’ response to demand for
a series of highly efficient, medium-capacity, long-range wide-body
aircraft. With a range of up to 8,300 nautical miles, it is available in
three basic passenger versions accommodating between 270 and 350 passengers
in a typical three-class layout.

Hamilton Sundstrand has previously announced selection by Airbus to
provide the A350 XWB’s Electric Power Generation System, and through ECE, a
Zodiac company, Hamilton Sundstrand will be providing the Solid State Power
Controllers for the aircraft’s Electric Power Distribution System.

With 2007 revenues of $5.6 billion, Hamilton Sundstrand employs
approximately 19,000 people worldwide and is headquartered in Windsor
Locks, Conn. Among the world’s largest suppliers of technologically
advanced aerospace and industrial products, the company designs,
manufactures and services aerospace systems and provides integrated system
solutions for commercial, regional, corporate and military aircraft. It
also is a major supplier for international space programs.

United Technologies Corp., based in Hartford, Conn., is a diversified
company providing high technology products and services to the building and
aerospace industries worldwide.

Raytheon Develops Unmanned Aircraft System Ground Solution to Meet Air Force Intelligence, Surveillance and Reconnaissance Needs

September 16, 2008

FALLS CHURCH, Va., Sept. 16, 2008 /PRNewswire/ — Raytheon Company
(NYSE: RTN) has developed an advanced common ground control system, or
CGCS, for the U.S. Air Force to address mission capability needs for the
Predator unmanned aircraft system.

“We’ve been working with combat-tested UAS operators and trainers for
more than two years to develop a CGCS that puts the human operator into the
UAS ‘cockpit’ to dramatically improve the way he or she operates unmanned
aircraft systems,” said Mark Bigham, business development director for
Raytheon’s Intelligence and Information Systems business.

“The results have been exciting,” Bigham added. “Our unsolicited bid
for the Predator ground control system will address significant decreases
in required aircrew manpower, faster training and greatly reduce mishap
rates previously attributed to human-machine interface or pilot error. It
also enables more aircraft to be controlled by the same number of
operators, increasing more unmanned aircraft systems in operation.”

The proposed CGCS is also compatible with improved Predator operations
centers currently being fielded to the U.S. Air National Guard. For more
than 35 years, Raytheon has been a recognized leader in developing a wide
variety of unmanned aircraft systems for the U.S. military.

Bigham said, “The CGCS will help the current Predator contractor
maximize the number of unmanned aircraft systems operators can fly,
ultimately helping to meet Secretary of Defense Gates’ goal of ‘more ISR
now.'”

Raytheon says it can produce the first CGCS system in less than 12
months with data support from platform primes and adequate funding support
for the Department of Defense. Raytheon predicts that during the next 10
years, it can save the Air Force more than $500 million. The five cost
savings benefits are:

— Reduce manpower requirements by 20 percent
— Reduce ground control segment requirements by 20 percent
— Reduce training time and costs by 30 percent
— Reduce aircraft losses by 50 percent

Based in Garland, Texas, Raytheon IIS is a leading provider of
information and intelligence solutions to the government. ISS had 2007
annual revenues of approximately $2.7 billion and employs more than 9,000
engineering and technical professionals worldwide.

Raytheon Company, with 2007 sales of $21.3 billion, is a technology
leader specializing in defense, homeland security and other government
markets throughout the world. With a history of innovation spanning 86
years, Raytheon provides state-of-the-art electronics, mission systems
integration and other capabilities in the areas of sensing; effects; and
command, control, communications and intelligence systems, as well as a
broad range of mission support services. With headquarters in Waltham,
Mass., Raytheon employs 72,000 people worldwide.

EADS Cross-Certifies with CertiPath’s PKI Bridge

September 16, 2008

Proven Ability to Meet Highest Standards for Identity Assurance Delivers
Access and Efficiency

HERNDON, Va. and TOULOUSE, France, Sept. 16th /PRNewswire/ — EADS
today became the first European-based aerospace and defense (A&D) company
to become cross-certified with the CertiPath PKI Bridge, giving the global
giant new ability to directly link with partners and customers who are also
members of the trust community created by CertiPath.

The announcement comes after 12 months of extensive policy, procedure
and infrastructure development by EADS. By demonstrating its commitment to
meeting standards for the highest levels of identity assurance, EADS joins
the CertiPath community, Boeing, Lockheed-Martin, Northrop Grumman and
Raytheon, who can now transact business with one another and government
agencies in the U.S. federal government.

“This is a major milestone for us, as we continue to expand the global
network in which we do business,” said Philippe Laflandre, Head of the
Secure Information Management program at EADS. “With the
cross-certification, we can now share information critical to getting our
work done — around the world, with partners and customers — with
significantly diminished risk of fraud and loss.”

As a member of the CertiPath community, employees of EADS, the parent
of Airbus, can now use their digital credentials outside of their internal
systems. The cross-certified credentials eliminate the need for EADS
employees to have multiple digital credentials, reducing costs and risks to
the company. As a result, EADS gains access to several cutting-edge U.S.
and U.K. government programs that accept company-issued credentials for
sending and receiving secured email as well as accessing government-owned
web-based applications and websites.

“EADS has massive interests across both defense and commercial aviation
and these are the exact industries where CertiPath enables secure identity
management,” said Jeff Nigriny, president and COO of CertiPath. “We are
exceptionally pleased to have this leading A&D organization join the
CertiPath security trust fabric.”

CertiPath is the A&D industry’s de facto standard for PKI policy and
verification of adherence to stringent requirements for medium- and
high-assurance certification for identity assurance. Using trusted digital
signatures, it secures document and e-mail exchanges and any transactions
requiring a high assurance of someone’s identity, enabling industry and
government-wide single sign-on and secure collaboration.

About CertiPath

CertiPath is a partnership of ARINC, Exostar and SITA, dedicated to
providing the A&D industry with a trusted mechanism to use digital (PKI)
credentials globally. CertiPath directly links commercial enterprises with
one another and more than 500,000 colleagues at key government agencies,
including the Departments of Homeland Security, Treasury and State.

CertiPath enables secure trusted identity assurance between
organizations, partners, and customers through the first commercially
managed Public Key Infrastructure (PKI)-based bridging mechanism. Initially
designed for the international aerospace and defense community, the
CertiPath PKI Bridge enables the transfer of secured and authenticated data
globally between participating companies and domestic and foreign
government agencies. This shared trust network drives down the cost of
using PKI globally, as well as the cost associated with maintaining secured
customer and supplier relationships on a one-on-one basis. For more
information visit: http://www.certipath.com.

SOURCE CertiPath

AAR to Provide Aircraft Remarketing Services for United Airlines

September 16, 2008

WOOD DALE, Ill., Sept. 16 /PRNewswire-FirstCall/ — AAR (NYSE: AIR)
announced today that it has been selected by United Airlines to remarket
and provide technical advisory services for United’s fleet of wholly owned
Boeing 737 aircraft, which the company has previously announced will be
retired from service. Under the terms of the agreement, AAR will assist
United in placing its 737s with operators around the world — with a focus
on operators outside the US — looking to upgrade or expand their fleets.
The aircraft are available immediately.

“We will use AAR’s global reach and resources to identify carriers that
would benefit from adding high-quality 737s to their fleets in markets
where demand is more robust or growing,” said John Johnson, Vice President,
AAR Aircraft Sales and Leasing. “Over the years, AAR has developed a broad
network of customers for this aircraft type through our leasing activities,
as well as our supply chain, maintenance and engineering services and
support.”

Through its Aircraft Sales and Leasing segment, AAR helps customers
improve their liquidity by turning surplus assets into working capital. AAR
Aircraft Sales and Leasing provides a broad range of technical services
including aircraft evaluation, lease return condition analysis, aircraft
and engine records management, aircraft preparation and asset management.

AAR is a leading provider of products and value-added services to the
worldwide aerospace and defense industry. With facilities and sales
locations around the world, AAR uses its close-to-the-customer business
model to serve aviation and defense customers through four operating
segments: Aviation Supply Chain; Maintenance, Repair and Overhaul;
Structures and Systems and Aircraft Sales and Leasing. More information can
be found at http://www.aarcorp.com.

This press release contains 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. These forward-looking
statements are based on beliefs of Company management, as well as
assumptions and estimates based on information currently available to the
Company, and are subject to certain risks and uncertainties that could
cause actual results to differ materially from historical results or those
anticipated, including those factors discussed under Item 1A, entitled
“Risk Factors”, included in the Company’s May 31, 2008 Form 10-K. 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 the
Company’s control. The Company 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. For additional information, see the comments included
in AAR’s filings with the Securities and Exchange Commission.

SOURCE AAR

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