AAR To Establish Technical Maintenance Center in Russia

AAR has signed a letter of intent outlining a tentative two-phase project to establish a technical maintenance center in Ulyanovsk, Russia. The project, as initially defined, includes an aircraft parts distribution and logistics center, scheduled to open in the middle of next year, followed by a commercial aircraft maintenance facility, scheduled to open in 2015. “Our long-term growth strategy continues to address what is clearly a global opportunity for value-added aviation services,” said David Storch, chairman and CEO.