AAR Corp. (AIR), Tuesday announced the signing of a multi-year engine parts supply agreemen for the CF6-80C2 engine high pressure turbine Stage 1 and Stage 2 turbine blades for the Florida-based Chromalloy.
With an initial term of three years, the agreement will offer Parts Manufacturer Approval or PMA solutions to the customers.
During the pre-market hours, AAR's stock is trading at $69, up 2.48 percent on the New York Stock Exchange.
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May 15, 2026 15:25 ET Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.