[3] In December 2024, AAR paid a $55 million settlement in relation to an investigation by the U.S. Justice Department and SEC over schemes to bribe Nepalese and South African officials.

As of May 2023[update], the company operates major maintenance facilities in Indianapolis, Miami, Oklahoma City, Rockford, Illinois, Trois Rivieres, Quebec and Windsor, Ontario.

[1] The company was founded by Ira Allen Eichner in 1951, to supply radios and other equipment to the commercial aviation industry.

[6] AAR organized its Aircraft Turbine Center, Inc. in 1979 after future CEO David P. Storch, Eichner's son-in-law, joined the company.

[3] In December 2024, AAR agreed to resolve U.S. charges in connection with schemes to bribe Nepalese and South African officials.