-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
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 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 UvjX1HVft9Smf9DRuIG8HmY1jIaJWl9VN7fewNrLsQzVuN1tWJgDEqEv2M1463+V
 czizqeTB3ZOQ0G1MHorIkQ==

<SEC-DOCUMENT>0000001750-01-500002.txt : 20010611
<SEC-HEADER>0000001750-01-500002.hdr.sgml : 20010611
ACCESSION NUMBER:		0000001750-01-500002
CONFORMED SUBMISSION TYPE:	3
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20010608
FILED AS OF DATE:		20010608

SUBJECT COMPANY:	

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			AAR CORP
		CENTRAL INDEX KEY:			0000001750
		STANDARD INDUSTRIAL CLASSIFICATION:	AIRCRAFT & PARTS [3720]
		IRS NUMBER:				362334820
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			0531

	FILING VALUES:
		FORM TYPE:		3
		SEC ACT:		
		SEC FILE NUMBER:	001-06263
		FILM NUMBER:		1657075

	BUSINESS ADDRESS:	
		STREET 1:		1100 N WOOD DALE RD
		CITY:			WOOD DALE
		STATE:			IL
		ZIP:			60191
		BUSINESS PHONE:		6302272000

	MAIL ADDRESS:	
		STREET 1:		1100 N WOOD DALE RD
		CITY:			WOOD DALE
		STATE:			IL
		ZIP:			60191

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	ALLEN AIRCRAFT RADIO INC
		DATE OF NAME CHANGE:	19700204
<REPORTING-OWNER>

COMPANY DATA:	
	COMPANY CONFORMED NAME:			GULLION JOSEPH M
	CENTRAL INDEX KEY:			0001142116
	STANDARD INDUSTRIAL CLASSIFICATION:	 []
<RELATIONSHIP>OFFICER

FILING VALUES:
	FORM TYPE:		3

BUSINESS ADDRESS:	
	STREET 1:		1100 N WOOD DALE RD
	CITY:			WOOD DALE
	STATE:			IL
	ZIP:			60191

MAIL ADDRESS:	
	STREET 1:		1100 N WOOD DALE RD
	CITY:			WOOD DALE
	STATE:			IL
	ZIP:			60191
</REPORTING-OWNER>
</SEC-HEADER>
<DOCUMENT>
<TYPE>3
<SEQUENCE>1
<FILENAME>gullionfm3.txt
<DESCRIPTION>FORM 3 FOR JOSEPH M. GULLION
<TEXT>

1. Name and Address of Reporting Person
   Gullion, Joseph M.
   1100 N. Wood Dale Road
   Wood Dale, IL 60191-
2. Date of Event Requiring Statement (Month/Day/Year)
   06/01/2001
3. IRS or Social Security Number of Reporting Person (Voluntary)
4. Issuer Name and Ticker or Trading Symbol
   AAR CORP. (AIR)
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)
   ( ) Director                   ( ) 10% Owner
   (X) Officer (give title below) ( ) Other (specify below)
   Executive Vice President and Chief Operating Officer
6. If Amendment, Date of Original (Month/Day/Year)
7. Individual or Joint/Group Filing (Check Applicable Line)
   (X) Form filed by One Reporting Person
   ( ) Form filed by More than One Reporting Person
<TABLE>
TABLE I -- Non-Derivative Securities Beneficially Owned
<CAPTION>
+------------------------------------------+----------------------+----------------+-----------------------------------------------+
|1. Title of Security                      |2. Amount of          |3. Ownership    |4. Nature of Indirect Beneficial Ownership     |
|                                          |   Securities         |   Form:        |                                               |
|                                          |   Beneficially Owned |   Direct(D) or |                                               |
|                                          |                      |   Indirect(I)  |                                               |
+------------------------------------------+----------------------+----------------+-----------------------------------------------+
<S>                                         <C>                    <C>              <C>
Common Stock                                10000                  D
</TABLE>

<PAGE>

<TABLE>
TABLE II -- Derivative Securities Beneficially Owned
<CAPTION>
+-----------------------+---------------------+---------------------------------+----------+-------------+-------------------------+
|1.Title of Derivative  |2.Date Exercisable   |3.Title and Amount of Securities |4.Conver- |5.Ownership  |6. Nature of Indirect    |
|  Security             |  and Expiration Date|  Underlying Derivative          | sion or  | Form of     |   Beneficial Ownership  |
|                       |  (Month/Day/Year)   |  Security                       | Exercise | Derivative  |                         |
|                       +----------+----------+-----------------------+---------+ Price of | Security:   |                         |
|                       | Date     | Expira-  |                       |Amount or| Deri-    | Direct(D) or|                         |
|                       | Exer-    | tion     |         Title         |Number of| vative   | Indirect(I) |                         |
|                       | cisable  | Date     |                       |Shares   | Security |             |                         |
+-----------------------+----------+----------+-----------------------+---------+----------+-------------+-------------------------+
<S>                      <C>        <C>        <C>                     <C>       <C>        <C>           <C>
Stock Option             04/10/2001 04/10/2011 Common Stock            25000     $11.31     D
                                                                       <F1>

Explanation of Responses:
<FN>
<F1>
Grantee may elect to pay the exercise price of the option or any tax withholding
obligation in connection therewith by directing the Company to withhold a
portion of the shares otherwise distributable to the grantee upon exercise or by
transferring to the Company previously acquired shares, valued at their fair
market value on such taxable date.
</FN>
</TABLE>

SIGNATURE OF REPORTING PERSON
/s/ Joseph M. Gullion

DATE
06/08/2001
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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