AAR Forms Aviation Safety and Training Oversight Committee
AAR (NYSE: AIR), a provider of aviation services to commercial and government operators, MROs and OEMs, announces it has formed an Aviation Safety and Training Committee (the “ASTC”) at the board of directors (“board”) level. The ASTC will be comprised of three independent directors, with retired United States Air Force General Duncan J. McNabb, who last served as the ninth commander, United States Transportation Command, serving as chair, and Robert F. Leduc and Jennifer L. Vogel joining him as committee members. The ASTC will assist the board in the oversight of aviation safety matters relating to AAR’s operations, including training employees, promoting a robust safety culture and helping ensure the delivery of services and products with safety as the highest priority.
“Forming the ASTC at the board level is the strategic evolution of AAR’s commitment to aviation safety, which is of the utmost importance because of the number of aircraft we touch every day and AAR’s importance to the overall aviation chain of safety,” says David P. Storch, AAR’s chairman of the board. “We have proactively established the ASTC to help the board in continuing to fulfill its fiduciary duties overseeing aviation safety matters and ensuring that AAR continues to have a best-in-class safety program.”
“The ASTC is comprised of seasoned aviation professionals who will provide valuable oversight and guidance regarding aviation safety matters,” says John M. Holmes, AAR’s chief executive officer. “As a company, we're proud and honored that our customers trust us to perform maintenance on their planes, and the ASTC will help us deliver safety programs that are on the cutting edge of industry practice.”
“I am delighted to chair the newly formed ASTC at AAR as the company continues its journey to be best-in-class in delivering aviation safety,” says McNabb. “The ASTC will provide oversight regarding AAR’s training programs and safety culture, and I look forward to working with AAR leadership, the committee members and the board on this important initiative.”