AAR looking like a buy as air travel recovers, Barron’s says

Air travel (AAR) is still recovering, but there’s no need to buy airline stocks to play it. Investors should buy AAR instead, Al Root writes in this week’s edition of Barron’s. But the air-travel revival isn’t the only reason to like AAR stock. Its used-parts business is set to improve as well, the author notes. Original equipment manufacturers such as General Electric (GE) and RTX (RTX) supply most of the new spare parts for engines, but airlines also take used parts from authorized suppliers to save money. AAR is a big player in those used parts, which the industry calls “used serviceable material,” or USM, the publication adds.