AAR : New Partnership with Rock Valley College to Enhance Aviation Maintenance Instruction and Students’ Career Prospects

AAR's New Partnership with Rock Valley College to Enhance Aviation Maintenance Instruction and Students' Career Prospects

January 15, 2019

ROCKFORD, Illinois, January 15, 2019 - AAR (NYSE: AIR), a global provider of aviation services, and Rock Valley College today announced expansion of their unique aviation maintenance education and training partnership to further enhance instruction, students' job experiences and their career prospects at AAR upon graduation.

The new AAR EAGLE Career Pathway Program at Rock Valley will expand the college's aviation maintenance technology curriculum to include job shadowing and mentoring opportunities, as well as academic support and monitoring. Students who pursue the FAA-certified aircraft mechanic's license are eligible for up to $15,000 in tuition reimbursements.

Rock Valley College leaders joined AAR's Ryan Goertzen, Vice President of Aviation Workforce Development, on Tuesday for the official announcement at the college's Aviation Career Education Center, located at Chicago-Rockford International Airport. AAR and Rock Valley collaborated in 2016 to stand up a 40,000-square-foot wide-body MRO facility at the airport. Afterward, enrollment in the A&P program rose from about 40 to its full capacity at 170 students.

'The college has had a great partnership with AAR and the EAGLE Career Pathway program will make that connection even stronger,' said Dr. Doug Jensen, President of Rock Valley College. 'EAGLE will open up even more opportunities for our students, providing stackable skills and certifications that lead directly to jobs at AAR, and financial assistance to continue their education and advance their careers at AAR.'

AAR is introducing EAGLE Career Pathway at schools near its five U.S. aircraft repair stations. EAGLE demonstrates how students can earn portable, stackable skills and earn $80,000 or more annually within three to five years. The stackable skills will enable students who are interested to pursue the coveted position of FAA-certified airframe and powerplant (A&P) mechanic. There is a shortage of 189,000 aircraft mechanics in North America, according to a study by Boeing.

'The EAGLE Career Pathway Program is a great marketing and admissions tool to help community colleges like Rock Valley bolster student enrollments to reverse the trend of a dwindling aviation maintenance workforce,' said Goertzen. 'As part of the EAGLE program, Rock Valley College graduates will be guided into a five-year career path showcasing the different career opportunities beyond a technician, including roles in management and quality control.'

About Rock Valley College

Rock Valley College is a comprehensive two-year community college in Rockford, Illinois, offering more than 100 courses for transfer, career programs and certificates. Rock Valley College is accredited by the Higher Learning Commission and is a member of the North Central Association of Colleges and Schools. Rock Valley College is also recognized by the Illinois Board of Higher Education and by the Illinois Community College Board.

Program contacts:

Rock Valley College, Dave Costello, [e-mail], 815-921-4516.

AAR, Ryan Goertzen, [e-mail], 918-576-9981.

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About AAR

AAR is a global aerospace and defense aftermarket solutions company that employs more than 6,000 people in over 20 countries. Headquartered in the Chicago area, AAR supports commercial and government customers through two operating segments: Aviation Services and Expeditionary Services. AAR's Aviation Services include parts supply; OEM solutions; integrated solutions; maintenance, repair, overhaul; and engineering. AAR's Expeditionary Services include mobility systems and composite manufacturing operations. Additional information can be found atwww.aarcorp.com.

Media contact: Daniela Pietsch, Vice President Corporate Marketing & Communications, at [e-mail] or [phone].

This press release contains certain statements relating to future results, which are forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on beliefs of Company management, as well as assumptions and estimates based on information currently available to the Company, and are subject to certain risks and uncertainties that could cause actual results to differ materially from historical results or those anticipated, including those factors discussed under Item 1A, entitled 'Risk Factors', included in the Company's Form 10-K for the fiscal year ended May 31, 2018. Should one or more of these risks or uncertainties materialize adversely, or should underlying assumptions or estimates prove incorrect, actual results may vary materially from those described. These events and uncertainties are difficult or impossible to predict accurately and many are beyond the Company's control. The Company assumes no obligation to update any forward-looking statements to reflect events or circumstances after the date of such statements or to reflect the occurrence of anticipated or unanticipated events. For additional information, see the comments included in AAR's filings with the Securities and Exchange Commission.