Howard A. Pulsifer to Retire as General Counsel of AAR CORP.

WOOD DALE, Ill., Dec. 11 /PRNewswire-FirstCall/ -- AAR CORP. (NYSE: AIR) announced today that Howard A. Pulsifer plans to retire as the Company's General Counsel, effective June 1, 2008.

"Howard has served as our general counsel since 1987 and has made significant contributions to the Company as a highly valued member of our senior leadership team," said David P. Storch, Chairman and Chief Executive Officer of AAR CORP. "He has consistently provided sound guidance and sage counsel while playing a key role in AAR's corporate governance and serving our Board of Directors with distinction."

Pulsifer's prestigious legal career spans 37 years. Prior to joining AAR CORP., he spent more than 14 years as part of the legal team of United Airlines, Inc. Previously, he served as a trial attorney for the U.S. Department of Agriculture in Washington, D.C. Pulsifer is an alumnus of Suffolk University Law School in Boston where he graduated following active duty service as a Lieutenant Commander in the U.S. Navy.

Pulsifer will aid in the transition of his successor and will serve as a consultant at the Company's full discretion and as Secretary of AAR CORP. through May 31, 2009.

AAR is a leading provider of products and value-added services to the worldwide aerospace and defense industry. With facilities and sales locations around the world, AAR uses its close-to-the-customer business model to serve aviation and defense customers through four operating segments: Aviation Supply Chain; Maintenance, Repair & Overhaul; Structures & Systems and Aircraft Sales & Leasing.

This press release contains 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. These forward-looking statements are based on beliefs of Company management, as well as assumptions and estimates based on information currently available to the Company, and are subject to certain risks and uncertainties that could cause actual results to differ materially from historical results or those anticipated, including those factors discussed under Item 1A, entitled "Risk Factors", included in the Company's May 31, 2007 Form 10-K. 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 the Company's control. The Company assumes no obligation to publicly release the result of any revisions that may be made to 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. For additional information, see the comments included in AAR's filings with the Securities and Exchange Commission.