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 31—the end of the company’s 2013 fiscal year—61% of AAR’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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