AAR Corp. (AIR) Q2 2025 Earnings Call Transcript

AAR Corp. (NYSE:AIR) Q2 2025 Earnings Conference Call January 7, 2024 5:00 PM ET

Company Participants

Denise Pacioni – IR
John Holmes – Chairman, President and CEO
Sean Gillen – Chief Financial Officer

Conference Call Participants

Scott Mikus – Melius Research
Ken Herbert – RBC Capital Markets
Michael Ciarmoli – Truist Securities
Louie DiPalma – William Blair
Josh Sullivan – Benchmark

Operator

Hello, and thank you for standing by. Welcome to AAR Corp. Q2 2025 Earnings Conference Call. [Operator Instructions]

I would now like to hand the conference over to Denise Pacioni. You may begin.

Denise Pacioni

Thank you. Good afternoon, everyone, and welcome to AAR’s fiscal year 2025 second quarter earnings call. We’re joined today by John Holmes, Chairman, President and Chief Executive Officer; and Sean Gillen, Chief Financial Officer.

Before we begin, I’d like to remind you that the comments made during the call may include forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. These forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. Accordingly, these statements are no guarantee of future performance. These risks and uncertainties are discussed in the company’s earnings release and the Risk Factors section of the company’s annual report on Form 10-K for the fiscal year ended May 31, 2024. In providing the forward-looking statements, the company assumes no obligation to provide updates to reflect future circumstances or anticipated or unanticipated events.

Certain non-GAAP financial information will be discussed on the call today. A reconciliation of these non-GAAP measures to the most comparable GAAP measures is set forth in the company’s earnings release.

At this time, I would like to turn the call over to AAR’s Chairman, President and CEO, John Holmes.

John Holmes

Thank you, and welcome, everyone, to our second

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