https://www.prnewswire.com/news-releases/aar-launches-airvoyant-an-ai-driven-procurement-platform-for-airlines-and-mros-302748577.html. AAR launches Airvoyant(SM), an AI-driven procurement platform for airlines and MROs. WOOD DALE, Ill., April 21, 2026 /PRNewswire/ - AAR CORP. (NYSE: AIR), a leading provider of aviation services to commercial and government operators, MROs, and OEMs, announced today the launch of Airvoyant, an AI-powered aviation procurement solution that connects buyers directly to suppliers, searches available inventory, requests and consolidates quotes, and guides users to a streamlined, one-click purchasing decision. Powered by Amazon Web Services (AWS), the platform directly integrates with Aeroxchange's extensive ecosystem of more than 5,000 suppliers. Built for airlines and MROs, the Airvoyant platform automates the traditionally manual parts sourcing process and integrates with Trax and other enterprise resource planning (ERP) systems, embedding intelligent procurement directly into customers' existing operational workflows. The platform's AI Agent workforce analyzes inbound supplier quotes and generates purchase recommendations based on historical procurement data, including prior transactions, pricing patterns, and supplier performance. By surfacing insights not readily accessible through manual review, the Airvoyant platform lays the foundation for autonomous ordering. Additional AI agents focused on demand consolidation, vendor optimization, and automated negotiation are expected to launch later this year, expanding Airvoyant's intelligent procurement capabilities. Delta Air Lines and Air Canada are collaborating with Airvoyant as subject matter experts, providing early feedback and real-world perspective to help shape the evolution of the platform. Air Europa, Allegiant, Atlas Air, JetBlue, Thai Airways, and Virgin Atlantic are serving as launch partners and advisors, experiencing how Airvoyant can transform their MRO parts procurement. Built natively on AWS, Airvoyant benefits from a highly resilient cloud architecture, enabling real-time processing, seamless integration with enterprise systems, and continuous learning capabilities across its AI agents. This approach ensures customers can adopt advanced automation with confidence, backed by industry-leading security and compliance standards. Today, most aircraft parts procurement relies on fragmented systems, email-driven RFQs, and manual quote comparison. Airvoyant overcomes this complexity with a unified, AI-driven system that optimizes sourcing decisions, improves visibility into lead times, strengthens supply chain planning, and unlocks measurable savings on parts spend. Customers will also benefit from a direct integration with Aeroxchange, enabling the agent-driven platform to instantly access a broad, trusted network of vendors. The connectivity of solutions accelerates sourcing, expands supplier reach, and enhances decision-making across the procurement lifecycle, bringing greater speed, efficiency, and intelligence to airlines and MROs. Following Trax and Aerostrat, Airvoyant becomes the third company in AAR's growing aviation software portfolio, reinforcing AAR's long-term commitment to developing the next generation of software for airline and MRO operations. "AAR continues to invest in our transformative software platforms to bring increased efficiency to all corners of the aviation industry," said John M. Holmes, AAR's Chairman, President and CEO. "Airvoyant represents the first scalable solution to deliver agentic AI to airlines and MROs. These AI tools will reshape how customers source and procure parts, plan maintenance, and optimize operations." About AAR AAR is a global aerospace and defense aftermarket solutions company with operations in over 20 countries. Headquartered in the Chicago area, AAR supports commercial and government customers through four operating segments: Parts Supply, Repair & Engineering, Integrated Solutions, and Expeditionary Services. Additional information can be found at aarcorp.com. About Airvoyant(SM) Airvoyant is an AI-driven, fully integrated aviation parts procurement solution. The platform and associated agents automate workflows and analyze real-time data to deliver rapid purchase decisions, reduced parts spend, and increased operational reliability. Airvoyant is a wholly owned subsidiary of AAR CORP. Additional information can be found at https://www.airvoyant.com/. | This press release may contain 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, reflecting management's expectations about future conditions, including anticipated activities and benefits related to the Airvoyant platform and the use of artificial intelligence. Forward-looking statements may also be identified because they contain words such as "anticipate," "believe," "continue," "could," "estimate," "expect," "intend," "likely," "may," "might," "plan," "potential," "predict," "project," "seek," "should," "target," "will," "would," or similar expressions and the negatives of those terms. These forward-looking statements are based on beliefs of management, as well as assumptions and estimates based on information currently available to management and are subject to certain risks and uncertainties that could cause actual results to differ materially from historical results or those anticipated. For a discussion of these and other risks and uncertainties, refer to "Risk Factors" in AAR CORP.'s most recent Annual Report on Form 10-K and subsequent Quarterly Reports on Form 10-Q. 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 management's control. Management assumes no obligation to update 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. | SOURCE AAR CORP.

AAR's trax solutions selected to lay the digital foundation for Magnifica Air's maintenance and engineering operations. Wood Dale, Illinois - AAR CORP., a leading provider of aviation services to commercial and government operators, MROs, and OEMs, announced today solutions from its Trax subsidiary will lay the digital foundation for Magnifica Air's maintenance and engineering operations. Magnifica Air is a Florida-based luxury airline introducing Private Class - a new category that bridges the gap between commercial first class commercial and private jet aviation. Positioned to launch in 2027, Magnifica Air has selected Trax's cloud-hosted eMRO platform and eMobility solutions to support fully paperless operations from the airline's outset. The decision to deploy Trax's mobile technology aligns with Magnifica Air's broader vision of combining high-end service with a streamlined, technology-driven approach. The implementation of Trax's cloud-hosted eMRO platform and eMobility solutions will enable flight crew and maintenance teams to execute tasks, capture data, and manage compliance directly on mobile devices, improving visibility and accuracy without the need for traditional paper-based processes. "Magnifica Air represents a new generation of airline operators that are building modern operations without legacy constraints," said Rajan Bindra, Trax's Vice President of Business Development. "By adopting Trax's mobile solutions, Magnifica Air is laying a strong digital foundation for compliant, optimized, and scalable maintenance operations." "From day one, our goal has been to define a new era in luxury aviation, transforming how travelers experience the skies while building an operation that is seamless behind the scenes," said Wade Black, Magnifica Air's CEO. "Trax's mobile and paperless solutions give our maintenance and engineering teams the tools they need to support safe, compliant, and reliable operations as we prepare for launch." About AAR AAR is a global aerospace and defense aftermarket solutions company with operations in over 20 countries. Headquartered in the Chicago area, AAR supports commercial and government customers through four operating segments: Parts Supply, Repair & Engineering, Integrated Solutions, and Expeditionary Services. Additional information can be found at aarcorp.com. About Trax For over 25 years, Trax has powered the digital transformation of airlines, MROs, and cargo operators worldwide. A pioneer in aviation maintenance software and a wholly owned subsidiary of AAR CORP., Trax's scalable, innovative suite adds agility and drives efficiencies by automating and modernizing maintenance operations. For more information, visit trax.aero. About Magnifica Air Magnifica Air is a Florida-based luxury airline start-up redefining premium travel through Private Class - a new category that bridges the gap between private jet and commercial airline service. Positioned to launch in 2027, the carrier will operate a fleet of Airbus ACJ220-300 and ACJ321neo aircraft, configured for an elevated guest experience with spacious cabins, privacy-focused seating, personalized service and a strong emphasis on comfort and wellbeing. Magnifica Air aims to deliver seamless journeys through private terminal access, concierge support, and thoughtful in-flight touches that prioritize comfort and efficiency. With a focus on sustainability, innovation, and exceptional hospitality, Magnifica Air aims to make flying feel calm, considered, and genuinely rewarding again - setting a new standard for premium air travel. For more information, please visit https://magnificaair.com/. This media advisory may contain 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, reflecting management's expectations about future conditions, including anticipated activities and benefits related to the implementation of Trax's platform and solutions. Forward-looking statements may also be identified because they contain words such as "anticipate," "believe," "continue," "could," "estimate," "expect," "intend," "likely," "may," "might," "plan," "potential," "predict," "project," "seek," "should," "target," "will," "would," or similar expressions and the negatives of those terms. These forward-looking statements are based on beliefs of management, as well as assumptions and estimates based on information currently available to management and are subject to certain risks and uncertainties that could cause actual results to differ materially from historical results or those anticipated. For a discussion of these and other risks and uncertainties, refer to "Risk Factors" in AAR CORP.'s most recent Annual Report on Form 10-K and subsequent Quarterly Reports on Form 10-Q. 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 management's control. Management assumes no obligation to update 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. Culture, people, operations February 19, 2026 Wood Dale, Illinois - AAR CORP., a leading provider of aviation services to commercial and government operators, MROs, and OEMs, today hosted United States Deputy Secretary of Labor Keith Sonderling and various stakeholders at AAR's Airframe MRO - Miami facility for a roundtable discussion to further develop the national workforce through apprenticeships. Corporate social responsibility December 12, 2025 Wood Dale, Illinois - AAR CORP., a leading provider of aviation services to commercial and government operators, MROs, and OEMs, today hosted Oklahoma Department of Aerospace & Aeronautics' 2025 Oklahoma Women in Aviation and Aerospace Day and celebrated 100 years of aviation in Oklahoma at the Company's newly constructed Airframe MRO Hangar 4. The new hangar is part of AAR's expansion in Oklahoma City and is expected to become operational in early 2026. Culture, people, operations November 11, 2025 Wood Dale, Illinois - AAR CORP., a leading provider of aviation services to commercial and government operators, MROs, and OEMs, welcomed U.S. Senator Tammy Duckworth to the Company's headquarters for a Veterans Day celebration and recognized Nicholas Gross, AAR's Senior Vice President of Integrated Solutions - Government and a U.S. Air Force veteran, who was named 2025 Veteran of the Year by Illinois Joining Forces.