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AAR reports second quarter fiscal year 2024 results

Second quarter sales of $545 million, up 16% over the prior yearSecond quarter GAAP diluted earnings per share from continuing operations of $0.67, compared to $0.64 in Q2 FY2023Record second quarter.

AAR announces agreement to acquire Triumph Group s Product Support business, a leading provider of MRO services to the global aviation aftermarket - Triumph Group (NYSE:TGI), AAR (NYSE:AIR)

Meaningfully scales AAR's repair capabilities and is highly complementary to existing portfolioSignificantly accretive to margins and expands customer base and global footprint Expected run-rate cost synergies of $10

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