29 % Growth in the Parts Business: Aftermarket Specialist AAR Corp. No Longer Appears to Be a Classic Cyclical.

The stock of AAR Corp (AIR) has been strong since the low last April and is now consolidating at a higher level. AAR is an independent aviation aftermarket provider with parts supply, repair & engineering, and integrated solutions (government logistics as well as software including Trax). Revenues primarily depend on flight hours, fleet size, maintenance cycles, and the ability to deliver parts/repairs on short notice – less on new build deliveries. This was the case until now, as the quarterly figures for the second quarter, released on...