What Happened
Aviation Aftermarket Leader Sees 24% Sales Growth
AAR CORP., a leading aviation aftermarket solutions company, reported strong first quarter fiscal 2027 results, with sales increasing 24% to $918 million. The company also announced an agreement to acquire a 65% controlling interest in MRO Holdings, which is expected to accelerate its growth strategy. AAR’s adjusted EBITDA margin reached 12.7%, with cash from operations of $56 million, reducing net leverage to 1.81x. This press release was first reported by PR Newswire.