INTERNATIONAL AEROSPACE COATINGS has Boeing contract to operate its two widebody paint facilities in Portland, OR from 2024; addition of PDX location increases IAC's total paint lines in US from 16 to 18 and globally from 26 to 28.
AAR had $0.6m net loss on $550m sales in first quarter ended August 31 vs $22.7m profit on $446m a year ago; results included net pre-tax adjustments of $42.5m, primarily due to previously disclosed pension settlement/Russian legal charges.