AAR Corporation CEO David P. Storch talks to The Wall Street Transcript.

NEW YORK--(BUSINESS WIRE)--December 8, 1998--The Wall Street Transcript has published an in-depth interview with David P. Storch of AAR Corporation (NYSE:AIR), in which he talks at length about his company's future.

He states, "We view AAR as the premier independent aftermarket provider of products and services to the worldwide aviation community. We have a diversified group of businesses, all with a common goal of making our customers more competitive, and we focus on providing spare parts and services to aircraft operators all over the world."

He explains, "We are near $1 billion a year in sales as an aftermarket provider and we think we can be a significantly larger, more profitable enterprise. As an example, two years ago we were doing about $3 million a year in business with Delta Air Lines. As a result of a contract we signed with them, our Delta business is now $19 million a year."

Looking forward, he states, "We have a stellar track record. For as long as we've been in business we've never had a loss year. We have a powerful balance sheet and equity, net worth in excess of $300 million, and debt that's in the $160 million range. We're in a growth market. We think we offer tremendous value to an investor."

To read the complete interview, go to http://www.twst.com/pdf/air.pdf. It requires Adobe Acrobat (tm) reader to view the document. The Wall Street Transcript does not endorse the views of any interviewees nor does it make stock recommendations.

The Wall Street Transcript is a premier weekly investment publication serving serious long-term investors for over 35 years. The Transcript publishes industry roundtables and interviews with Wall Street analysts, money managers, and Company CEOs, and is read by top money managers, brokers, and individual investors. For subscription information call [phone].