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AAR Corp (NY: AIR )

37.78 USD -0.42 (-1.10%)
Official Closing Price Updated: 7:00 PM EST, Jan 19, 2021 Add to My Watchlist
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UPDATE 4-Pakistani PIA plane carrying 99 crashes in Karachi, many feared dead
* Witness said plane hit a phone mast and houses (Updates throughout) 
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From Reuters: Company News
Pakistan crash pilot sent Mayday with 'lost engines' -liveatc.net
The pilot of a crashed Pakistan International Airlines jet sent a Mayday and told controllers the aircraft had lost power from both its engines on its second attempt to land, according to a recording... 
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UPDATE 3-Plane crashes in Pakistan with 99 on board, many feared dead
* Witness said plane hit a phone mast and houses (Adds latest details) 
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UPDATE 3-EasyJet founder loses bid to oust management in strategy showdown
EasyJet founder Stelios Haji-Ioannou failed in his attempt to oust the airline's top three bosses on Friday, giving it a brief respite in its battle for survival during the coronavirus pandemic. 
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Lufthansa aid talks stall over Airbus orders - Handelsblatt
Talks over a 9-billion euro government bailout for German flagship carrier Lufthansa have stalled over a row on how to deal with the airline's ordered Airbus jets, German business daily Handelsblatt... 
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UPDATE 2-EasyJet founder loses bid to oust management in strategy row, proxy votes show
* Proxy votes mean founder resolutions expected to fail -chairman 
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UPDATE 1-EasyJet founder fails to oust management, proxy votes show
EasyJet said founder Stelios Haji-Ioannou had failed in his attempt to oust key management including the CEO, according to the initial results of a shareholder vote brought over the airline's plan to... 
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CORRECTED-UPDATE 1-Air France axes A380, Emirates seen cutting deliveries
The world's largest airliner, the Airbus A380, took a step closer to the aviation archives on Wednesday as Air France said it would permanently axe its grounded fleet and sources said Emirates was in... 
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UPDATE 1-Air France axes A380, Emirates seen cutting deliveries
The world's largest airliner, the Airbus A380, took a step closer to the aviation archives on Wednesday as Air France said it would permanently axe its grounded fleet and sources said Emirates was in... 
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EU recovery fund should support aerospace sector -France's Le Maire
The aerospace industry should be among the sectors that can tap a planned European recovery fund, French Finance Minister Bruno Le Maire said on Tuesday. 
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As flying returns, jetmakers seek to quell fears over cabin air
Jet manufacturers and airlines are launching an urgent initiative to convince nervous travelers that the air they breathe on planes is safe, believing this is critical to rebuilding a travel industry... 
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Ryanair CEO says subsidiary Lauda faces 'existential crisis'
Ryanair's Austrian subsidiary Lauda faces an "existential crisis" and its main Vienna base appears likely to close at the end of May, group chief executive Michael O'Leary said on Monday. 
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UPDATE 3-Ethiopian Airlines sees Boeing 737 MAX compensation deal by end-June
* Has switched some passenger jets to cargo to survive (Adds Boeing comment) 
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UPDATE 2-Ethiopian Airlines sees crash settlement with Boeing by end-June
* Has switched some passenger jets to cargo to survive (Adds details, more comments by CEO) 
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UPDATE 2-Delta, others wrestle with too many planes, too many pilots
Delta Air Lines moved to retire its Boeing Co 777 fleet and reduce its pilot ranks on Thursday as it joins other airlines wrestling with the need to shrink their operations to match reduced air travel... 
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UPDATE 1-Delta to have 7,000 more pilots than needed in the fall -memo
Delta Air Lines, with more than 14,000 pilots on its roster, expects to have 7,000 more than it needs in the fall as the coronavirus pandemic weighs on its operations, according to a memo to flight... 
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Airbus must be 'resized' to tackle crisis, bosses told -sources
Planemaker Airbus has told top staff that the company must be "resized" in plans to be set out by around end-June and is ready to cut jet production again to tackle any second wave of the coronavirus... 
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UPDATE 1-Delta to retire Boeing 777 aircraft fleet to rein in costs
Delta Air Lines said on Thursday it would no longer fly Boeing Co's wide-body 777 aircraft and some of the other older high-maintenance jets, as the U.S. carrier looks to cut costs amid a steep fall in... 
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Peek Under The Hood: VIOO Has 28% Upside
Looking at the underlying holdings of the ETFs in our coverage universe at ETF Channel, we have compared the trading price of each holding against the average analyst 12-month forward target price, and... 
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UPDATE 1-European shares drop on doubts over speedy recovery
* Hargreaves Lansdown jumps on higher trading demand (Adds comment, updates details) 
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European shares drop as Powell fans recovery fears
European shares retreated on Thursday as comments from U.S. officials fanned concerns of a prolonged economic downturn due to the coronavirus outbreak, while investors eyed the prospect of a second... 
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UPDATE 2-Airbus examining restructuring including job cuts -sources
* Moves to reduce executive ranks after in-house merger (Adds details, background) 
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UPDATE 1-Airbus examining restructuring including job cuts -sources
* Shake-up could compare to 2007 10,000 shared job losses (Adds details) 
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Airbus examining restructuring including redundancies -sources
Airbus is drawing up plans for restructuring involving "deep" job cuts, but has not taken a final decision, industry sources said. 
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Dassault, Airbus warn of supplier bankruptcies without new funds
French and German aerospace industry leaders warned on Wednesday that some parts suppliers could go bankrupt within weeks without new financing. 
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Qatar Airways in talks to defer Airbus, Boeing orders -SCMP
Qatar Airways, one of the Middle East's biggest airlines, is in talks with Airbus and Boeing to defer aircraft orders for several years, its chief executive was quoted as saying on Wednesday. 
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UPDATE 1-Mitsubishi slashes SpaceJet budget, drops variant
* SpaceJet represents Japan's bid to become commercial plane maker 
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Boeing sees zero orders again in April, MAX cancellations mount
Boeing Co recorded zero orders for the second time this year in April and customers canceled another 108 orders for its grounded 737 MAX plane compounding its worst start to a year since 1962. 
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UPDATE 2-Embraer blames failed Boeing deal for sharp drop in commercial jet deliveries
Planemaker Embraer said Tuesday that its commercial jet deliveries slumped by more than half during the first three months of 2020 compared to a year ago, blaming the drop on preparations for its... 
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Ryanair cools on Airbus, moves back towards all-Boeing fleet
* Compensation deal with Boeing could take months (Updates with background; Airbus talks 'a waste of time'; Lauda Vienna base may close at end of month) 
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