AAR Breaks Ground On MRO Facility Expansion In Oklahoma City, Expected To Be Operational In Early 2026
Portfolio Pulse from Benzinga Newsdesk
AAR CORP. (NYSE:AIR) has initiated the expansion of its MRO facility in Oklahoma City, with the new facility expected to be operational by early 2026. This expansion, supported by a grant and rent concessions, aims to accommodate all 737 variants and is in line with a recently expanded maintenance commitment from Alaska Airlines. The project, which will create 200 additional full-time jobs, underscores AAR's growth and its collaboration with local and state entities, including the Oklahoma City Airport Trust.
April 05, 2024 | 7:14 pm
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AAR CORP.'s facility expansion in Oklahoma City, operational by 2026, aims to enhance 737 maintenance capabilities, reflecting growth and a strong partnership with Alaska Airlines.
The expansion of AAR's MRO facility is a strategic move to accommodate growing maintenance needs, particularly for the 737 variants. This project, supported by significant partnerships and funding, is likely to enhance AAR's service capabilities and market position, potentially leading to increased revenue and customer base in the long term. The creation of 200 additional jobs also highlights the company's commitment to growth and community engagement.
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