AAR Selected by Shanghai Airlines for 767 Landing Gear MRO

AAR Selected by Shanghai Airlines for 767 Landing Gear MRO

February 22, 2006

    SINGAPORE, Feb. 22 /Xinhua-PRNewswire/ -- AAR (NYSE:
AIR) announced today at Asian Aerospace 2006 that it has
been selected to perform maintenance, repair and overhaul
of landing gear for Shanghai Airlines' fleet of 767-300
aircraft.  The maintenance will be performed at AAR Landing
Gear Services' FAA, EASA, CAAP and ISO 9001 certified
facility in Miami, Florida.  

    AAR will provide Shanghai Airlines with maintenance,
overhaul and exchange services, as well as provide access
to AAR's inventory of rotable landing gear and landing gear
components.  AAR Landing Gear Services is a self-contained,
full-service aircraft landing gear overhaul facility that
provides maintenance, repair, overhaul and exchange
services on virtually every type of major commercial,
regional and military aircraft in use today.  
"This new agreement with Shanghai Airlines is a fine
example of how we are extending our reach to more customers
in the Asia Pacific region," said Rahul Shah, Managing
Director, Asia Pacific Operations for AAR.  "Customers
in the Asia Pacific region and around the world are focused
on controlling expenses and AAR is helping them reduce
costs while maintaining the highest standards for quality,
safety and airworthiness." 

    In other news, AAR Landing Gear Services Sdn. Bhd., a
joint venture between AAR International, Inc. and Malaysian
aircraft maintenance provider, AIROD Sdn. Bhd., recently
received certification from the Malaysian Department of
Civil Aviation (DCA) and passed its Federal Aviation
Administration (FAA) certification audit. Achieving these
regulatory milestones enables the business to commence
operations and begin serving customers in the Asia Pacific
region from the new Malaysian-based landing gear MRO
facility.

    About AAR

    AAR is a leading provider of products and value-added
services to the worldwide aviation/aerospace industry. 
With facilities and sales locations around the world, AAR
uses its close-to-the-customer business model to serve
airline and defense customers through four operating
segments: Aviation Supply Chain; Maintenance, Repair and
Overhaul; Structures and Systems and Aircraft Sales and
Leasing. More information can be found at
http://www.aarcorp.com .

    About AAR Landing Gear Services

    AAR Landing Gear Services, an operating unit of AAR,
specializes in the maintenance, repair, overhaul and
exchange of landing gear for commercial and regional
aircraft. AAR's workmanship is backed by engineering and
airworthiness teams that carry out stringent quality
inspections on procedures that include disassembly,
assembly, painting, plating, machining and nondestructive
testing.

    About Shanghai Airlines

    Shanghai Airlines Co., Ltd. (SAL) is a commercial
airline company based in Shanghai, the People's Republic of
China. SAL operates a fleet of 38 aircraft and offers
domestic flight services to over 100 destinations
throughout the country and international flight services to
Thailand, Vietnam, Japan, South Korea and Russia.

    This press release contains 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.  These forward-looking statements are
based on beliefs of Company management, as well as
assumptions and estimates based on information currently
available to the Company, and are subject to certain risks
and uncertainties that could cause actual results to differ
materially from historical results or those anticipated,
including those factors discussed under Item 7, entitled
"Factors Which May Affect Future Results",
included in the Company's May 31, 2005 Form 10-K. 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 the Company's control.  The Company assumes no
obligation to publicly release the result of any revisions
that may be made to 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. For additional information, see the
comments included in AAR's filings with the Securities and
Exchange Commission.
 
    For more information, please contact:

     Chris Mason
     Director of Corporate Communications of AAR
     Tel:   [phone]
     Email: [e-mail] 

SOURCE  AAR