AAR Corp. has signed a multi-year agreement to supply surplus material for the CFM56-5B engine to Cebu Pacific. Under this agreement, AAR will support the 30 CFM56-5B scheduled shop visits Cebu Pacific has planned for the term of the contract.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See today’s best-performing stocks on TipRanks >>
Read More on AIR:
- AIR Earnings this Week: How Will it Perform?
- AAR Corp. Secures Funding and Expands Credit for Strategic Growth
- AAR completes acquisition of Triumph Group’s Product Support business
- TRIUMPH COMPLETES SALE OF PRODUCT SUPPORT BUSINESS TO AAR
- AAR Prices Upsized Offering of Senior Notes to Finance Triumph Product Support Acquisition