AAR

AIR

AAR CORP. is a private provider of aviation services.I.A. Allen Industrial Sales was incorporated in 1955, renamed Allen Aircraft Radio in 1962 and became AAR CORP. in 1969. AAR is headquartered in Wood Dale, Illinois, a Chicago suburb near O'Hare International Airport and employs approximately 6,000 people in more than 20 countries.During the Trump administration, AAR quadrupled its lobbying expenditures. The company spent large sums at Trump-owned properties with the intent to get Trump to view the company more favorably. From the timeTrump took office until October 2020, AAR obtained 10 new federal contracts worth a total of $1.35 billion.

AAR has been a target of short sellers for a while. The current short interest of 3.73% is roughly at the average of the last 12 months (3.10%).