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...There are also large independent specialists such as Illinois-based AAR....
...Two main forces are bringing planes to AAR’s facilities, and Holmes said they are likely to persist for years....
...Aar Tee Commodities, which is a separate business to the group’s West Midlands manufacturing operations, was dissolved last year, according to a filing at Companies House....
...Aar Tee has previously told the FT that it is “a separate independent business” to GFG....
...Less than half of AAR’s shareholders backed executive pay at its annual meeting this month....
...Aircraft parts manufacturer AAR awarded chief executive John Holmes $7.3mn in stock to compensate for pay lost due to bonus restrictions applied to companies that took Covid-19 relief funds from the government...
...The FT reported last year that Trehan’s company Aar Tee Commodities was one of several Gupta-linked entities that borrowed from now-collapsed lender Greensill through a government-backed Covid loans scheme...
...The Aar Tee group, which is named for the initials of its founder, Ravi Trehan, has deep ties to the GFG Alliance....
...The flightless dodo is still one of the most famous birds in the world, even if the Dutch liked to call it “dod-aars” or “fat arse”, and its name seems to come from the Portuguese word for “fool”....
...Hans van der Aar, chief financial officer of Basic-Fit, Europe’s largest gym operator with 1,015 outlets in France, Spain, the Netherlands, Belgium and Luxembourg, says gymgoers “now want everything” with...
...The FT reported last year that Aar Tee was one of several Gupta-linked companies that drew government-backed loans from Greensill....
...Blavatnik’s AAR consortium had been calling for the American to be sacked, claiming he was making decisions they said put BP’s interests above their own....
...The trio launched AAR (Alfa, Access, Renova) and bought 40 per cent of a struggling oil producer called TNK for $800m....
...The firm also forged a relationship with Mikhail Fridman, acting for the AAR consortium that included Mr Fridman and German Khan, a Russian-Ukrainian billionaire, in its battle with BP in 2011....
...The High Court in London agreed, granting AAR an injunction. In March 2011 an arbitration tribunal blocked the BP-Rosneft tie-up....
...The AAR declined to comment. Shippers rather than railroads usually own the tank cars. Railroads have joined the calls of others in the industry for tougher rules....
...Although Gupta’s work has had less exposure in Pakistan, where the commercial gallery scene is less developed, she has worked with Rana before on the cross-border project “Aar Paar”, in which artists from...
...In 2011 AAR, another Fridman vehicle, took on BP, and by extension BP’s partner Rosneft, an oil group backed by the Russian state....
...Mr Mack joined Rosneft’s board last June after the Russian oil group bought TNK-BP for $55bn from BP and the AAR consortium....
...But last October the AAR decided to issue a new standard for tank cars in the face of slow decision making by regulators....
...purchase AAR’s 50 per cent stake in TNK-BP for around $28bn)....
...The AAR also noted that pipeline expansions had hit rail shipments of crude....
...Linklaters’ role was to help BP navigate the legal pitfalls so that it could sign sale agreements with Rosneft and the Russian government leading to AAR agreeing to sell its stake in TNK-BP to Rosneft....
...BNSF said that the railroad industry as a whole backed the position of the AAR in favour of adopting tougher standards for tank cars....
...In the 2000s, the company was hit by a steady drumbeat of negative headlines about its tussles with AAR, the consortium of oligarchs who were its partners in its Russian joint venture TNK-BP....
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