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Yahoo
30-03-2025
- Business
- Yahoo
Why AAR Corp. (AIR) Is Surging in 2025?
We recently published a list of . In this article, we are going to take a look at where AAR Corp. (NYSE:AIR) stands against other aerospace stocks that are surging in 2025. The aerospace industry is riding a wave of growth as global conflicts across the world have sparked a surge in demand. This has led to swelling backlogs and a flood of orders from every corner of the globe. Meanwhile, recent administration changes in the United States have shaken things up. European countries are ramping up their aerospace orders and are eager to secure advanced technology. Some nations have hesitated over U.S. orders amid shifting policies, but cancellations seem unlikely since trade wars have simmered down a bit. Beyond geopolitics, the industry is buzzing with other trends. The commercial aviation sector is roaring back with record passenger traffic. This has pushed airlines to modernize fleets with fuel-efficient aircraft. Moreover, AI software is making defense aircraft more potent, and the entire industry has seen a bump in growth. For this article, I screened the best-performing aerospace stocks year-to-date. I will also mention the number of hedge fund investors in these stocks. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (). A technician inspecting a commercial jet engine in a specialized testing facility. Number of Hedge Fund Holders In Q4 2024: 19 AAR Corp. (NYSE:AIR) is an aerospace and defense aftermarket solutions company. The stock is up significantly so far in 2025 as AAR Corp. (NYSE:AIR) announced the sale of its Miami-based Landing Gear Overhaul business to GA Telesis for $51 million. The transaction is expected to close in the first quarter of 2025. It is a part of AAR's strategic portfolio optimization plan. It is anticipated to be immediately accretive to margins and earnings. AAR Corp. (NYSE:AIR) reported robust financial performance for the second quarter of fiscal year 2025, with sales reaching $686 million, up 26% year-over-year. Moreover, AAR Corp. (NYSE:AIR) signed a multi-year component repair agreement with Cebu Pacific Air to provide nacelle maintenance, repair, and overhaul services for its A320 fleet powered by CFM56-5B engines. The consensus price target of $81.5 implies 16.85% upside. AIR stock is up 13.61% year-to-date. Overall, AIR ranks 15th on our list of aerospace stocks that are surging in 2025. While we acknowledge the potential of AIR as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than AIR but that trades at less than 5 times its earnings, check out our report about the . READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey.
Yahoo
12-03-2025
- Business
- Yahoo
AAR signs new component repair agreement with Cebu Pacific
WOOD DALE, Ill., March 12, 2025 /PRNewswire/ -- AAR CORP. (NYSE: AIR), a leading provider of aviation services to commercial and government operators, MROs, and OEMs, announced a multi-year agreement to provide Cebu Pacific Air with nacelle maintenance, repair, and overhaul services for the airline's A320 fleet powered by the CFM56-5B engine. This work will be performed at AAR's Component Services facility in Chonburi, Thailand. AAR's longstanding relationship with Cebu Pacific includes supplying USM engine material for the airline's CFM56-5B engine overhauls and providing warranty management and repair cost oversight services through AAR subsidiary Airinmar. "We are extremely pleased to be continuing our partnership with AAR. They share our values on maintenance quality and turnaround time, provided at a very competitive rate," said Shev Weerasekera, VP of Engineering and Fleet Management for Cebu Pacific Air. "We're proud to expand our relationship with Cebu Pacific Air through this component repair agreement, where we will provide innovative and timely solutions for their CFM56-5B nacelles," said Jim Berberet, AAR's Senior Vice President of Component Services. "This agreement reflects the strong confidence that operators have in our cost-effective service offerings in the APAC region." For more information on AAR's Component Services, part of the Company's Repair & Engineering segment, visit About AARAAR is a global aerospace and defense aftermarket solutions company with operations in over 20 countries. Headquartered in the Chicago area, AAR supports commercial and government customers through four operating segments: Parts Supply, Repair & Engineering, Integrated Solutions, and Expeditionary Services. Additional information can be found at About Cebu PacificCebu Pacific (CEB), the Philippines' leading airline, entered the aviation industry on March 8,1996 and pioneered the "low fare, great value" strategy, and has flown over 200 million passengers since inception. CEB offers the widest domestic network in the Philippines with 35 domestic destinations. It also currently operates flights to 25 international destinations, spanning across Asia, Australia, and the Middle East. This press release may contain 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, reflecting management's expectations about future conditions, including anticipated activities and benefits under the agreement. Forward-looking statements may also be identified because they contain words such as ''anticipate,'' ''believe,'' ''continue,'' ''could,'' ''estimate,'' ''expect,'' ''intend,'' ''likely,'' ''may,'' ''might,'' ''plan,'' ''potential,'' ''predict,'' ''project,'' ''seek,'' ''should,'' ''target,'' ''will,'' ''would,'' or similar expressions and the negatives of those terms. These forward-looking statements are based on beliefs of management, as well as assumptions and estimates based on information currently available to management and are subject to certain risks and uncertainties that could cause actual results to differ materially from historical results or those anticipated. For a discussion of these and other risks and uncertainties, refer to "Risk Factors" in AAR CORP.'s most recent Annual Report on Form 10-K and subsequent Quarterly Reports on Form 10-Q. 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 management's control. Management 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. Contact:Media Team+1-630-227-5100Editor@ View original content to download multimedia: SOURCE AAR CORP. Sign in to access your portfolio
