Reports Q2 revenue $469.8M vs. $436.6M last year. "During the quarter, we drove double-digit sales growth in our commercial business as demand for our new parts distribution activities and our maintenance, repair and overhaul services remained strong. We believe the demand for our aftermarket services will continue to increase due to a number of favorable trends such as strong leisure and business travel demand, removal of international travel restrictions, and OEM production challenges that are extending the existing fleet," said John M. Holmes, President and CEO of AAR Corp.
Published first on TheFly
See Insiders’ Hot Stocks on TipRanks >>
Read More on AIR:
- AAR reports second quarter fiscal year 2023 results
- AAR Corp. extends distribution relationship with Leach International Corp
- AAR extends distribution relationship with Leach International Corp
- AAR expands Ontic partnership, signing military customer support distribution contract extension and new long-term global commercial distribution agreement
- AAR Corp. expands partnership with Ontic
