AAR Corp. (AIR) Posts Q3 EPS of 5c
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AAR Reports Third Quarter Fiscal Year 2015 Results
March 30, 2015 8:30 AM EDTWOOD DALE, Ill., March 30, 2015 /PRNewswire/ -- AAR (NYSE: AIR) today reported third quarter fiscal year 2015 consolidated sales of $380.1 million and net loss of $34.5 million or $0.89 per diluted share after discontinuing operations of Telair Cargo Group and Precision Systems Manufacturing. For the third quarter of the prior fiscal year, the Company reported sales of $399.8 million and net income of $17.9 million or $0.45 per diluted share.Â
Third quarter fiscal year 2015 income from continuing operations was $1.9 million, or $0.05 per diluted share, compared to $16.9 million net income, or $0.43 per diluted share in the prior year period.... More
AAR to Announce Third Quarter Fiscal Year 2015 Results on March 30, 2015
March 26, 2015 12:21 PM EDTWOOD DALE, Ill., March 26, 2015 /PRNewswire/ -- AAR (NYSE: AIR) today announced that it will release its third quarter FY2015 results on Monday, March 30, 2015, before markets open and will hold its quarterly conference call at 10:30 a.m. CDT. Â
The conference call can be accessed by calling 866-802-4322 from inside the U.S. or 703-639-1319 from outside the U.S. A replay of the conference call will be available by calling 888-266-2081 from inside... More
AAR Announces Close of Sale of Telair Cargo Group
March 26, 2015 10:35 AM EDTWOOD DALE, Ill., March 26, 2015 /PRNewswire/ -- AAR (NYSE: AIR) today announced that it closed on the sale of Telair Cargo Group to TransDigm for approximately $725 million in cash, subject to adjustment.
AAR will release its third quarter FY2015 results on Monday, March 30, 2015 before markets open and will hold its quarterly conference call at 10:30 a.m. CST. Â The conference call can be accessed by calling 866-802-4322 from inside the U.S. or... More
TransDigm Completes Acquisition of Telair Cargo Group
March 26, 2015 10:25 AM EDTCLEVELAND, March 26, 2015 /PRNewswire/ -- TransDigm Group Incorporated (NYSE: TDG) announced today that it has completed the acquisition of the Telair Cargo Group of businesses ("Telair"), from AAR CORP. (NYSE: AIR), for a total purchase price of approximately $725 million in cash, subject to adjustment. TransDigm financed the acquisition through a combination of existing cash on hand and borrowing of $75 million under its existing revolving credit facility. The acquisition was previously announced on February 23, 2015.
Telair is a global leader in aerospace on-board cargo loading and... More
