November 8, 2012
AAR sources and modifies 737-400s for Colombian Air Force
AAR has sourced and is modifying two Boeing 737-400 aircraft for Colombia’s Air Force, Fuerza Aerea Colombiana (FAC). The program is expected to generate approximately $31m in the second half of the Company’s current fiscal year. The program demonstrates AAR’s wide range of capabilities, which the Company combines to create custom-tailored solutions for its commercial and defense customers. This program also marks the first time AAR has supplied assets and services for Colombia’s Air Force. AAR managed the aircraft transactions and will perform inspections and maintenance checks at the Company’s Aircraft Services business in Miami. One of the aircraft is being converted from a passenger configuration into a combination passenger/freighter (combi) and the second into a freighter-only configuration. To perform the cargo conversions, AAR is working with cargo conversion provider, Pemco. Pemco has unique specialization approvals for performing this modification for the 737-400 combi platform.