AAR (AIR) Q1 FY27 earnings call

AAR Corp. reported a strong Q1 FY27 with significant top-line growth, margin expansion, and record cash flow, driven by broad-based demand. The company also announced a transformative acquisition of a 65% controlling interest in MRO Holdings, which is expected to significantly scale its aftermarket platform, enhance margins to 16% pro forma, and accelerate growth across parts, repair, and software. This strategic move aims to create the world's largest MRO operation and strengthen AAR's financial profile.