AAR Corp. sees solid growth in its commercial airframe and component maintenance businesses near-term, continuing a steady upward trend that is helping the maintenance, airlift, and cargo systems supplier offset declining demand from its defense customers. For the 12 months ended May 31â€”the end of the companyâ€™s 2013 fiscal yearâ€”61% of AARâ€™s $1.6 billion in sales were generated by commercial business, up from 55% in 2012. The shift was even more pronounced in recent months, as commercial ...
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