Across-the-board declines in AAR Corp’s commercial aviation services segments last quarter underscore the motivation behind the company’s broad diversification strategy, even as the global aftermarket shows signs of recovery. AAR’s aftermarket sales dipped 10% to $368 million in the carrier’s fiscal second quarter, which ended February 28. Several major sub-units, including airframe maintenance, landing gear overhaul, engineering services, and parts sales were notably down. The ...
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