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MarketBeat
MarketBeat
Business
Jea Yu

AAR Corp Jets Higher on Robust Demand for Aircraft Components

AAR Corp (NYSE: AIR) is a leading aviation services provider for commercial and government customers worldwide. They offer aftermarket aircraft support for airlines, OEMs, fleets, military agencies, and operators. The aerospace sector leader also has one of the largest inventories of used and new airplane parts and a network of maintenance, repair, and overhaul (MRO) facilities offering a comprehensive, integrated solution for its customers.

Unlike its competitors, Boeing Co. (NYSE: BA) or Airbus SE (OTCMKTS: EADSY), AAR is an independent provider that is not affiliated with any specific airline or manufacturer and provides unbiased and objective solutions. The company reported an impressive 26% year-over-year (YoY) revenue surge on record sales and improving margins.

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