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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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MIC-Info: RSA-MD5,RSA,
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 IeGCq6rYqMt5laZaMjBkmQ==

<SEC-DOCUMENT>0000001750-03-000057.txt : 20031014
<SEC-HEADER>0000001750-03-000057.hdr.sgml : 20031013
<ACCEPTANCE-DATETIME>20031014103802
ACCESSION NUMBER:		0000001750-03-000057
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20030721
FILED AS OF DATE:		20031014

ISSUER:		

	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

	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:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			SPUNGIN JOEL D
		CENTRAL INDEX KEY:			0001027740
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			0531

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-06263
		FILM NUMBER:		03938257

	BUSINESS ADDRESS:	
		STREET 1:		C/O AAR CORP
		STREET 2:		1111 NICHOLAS BLVD
		CITY:			ELK GROVE VILLAGE
		STATE:			IL
		ZIP:			60007
		BUSINESS PHONE:		8474393939

	MAIL ADDRESS:	
		STREET 1:		C/O AAR CORP
		STREET 2:		1111 NICHOLAS BLVD
		CITY:			1111 NICHOLAS BLVD
		STATE:			IL
		ZIP:			60007
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>c0001027740d20031014f4f.xml
<DESCRIPTION>PRIMARY DOCUMENT
<TEXT>
<XML>
<ownershipDocument><schemaVersion>X0201</schemaVersion>    <documentType>4</documentType><periodOfReport>2003-07-21</periodOfReport><notSubjectToSection16>0</notSubjectToSection16><issuer><issuerCik>0000001750</issuerCik><issuerName>AAR CORP</issuerName>        <issuerTradingSymbol>AIR</issuerTradingSymbol></issuer><reportingOwner><reportingOwnerId><rptOwnerCik>0001027740</rptOwnerCik><rptOwnerName>SPUNGIN JOEL D</rptOwnerName></reportingOwnerId><reportingOwnerAddress><rptOwnerStreet1>1100 N. WOOD DALE ROAD</rptOwnerStreet1><rptOwnerStreet2></rptOwnerStreet2><rptOwnerCity>WOOD DALE</rptOwnerCity><rptOwnerState>IL</rptOwnerState><rptOwnerZipCode>60191-</rptOwnerZipCode><rptOwnerStateDescription></rptOwnerStateDescription></reportingOwnerAddress><reportingOwnerRelationship><isDirector>1</isDirector><isOfficer>0</isOfficer><isTenPercentOwner>0</isTenPercentOwner><isOther>0</isOther><officerTitle></officerTitle><otherText></otherText></reportingOwnerRelationship></reportingOwner><nonDerivativeTable></nonDerivati
veTable><derivativeTable><derivativeTransaction><securityTitle><value>Stock Option</value></securityTitle><conversionOrExercisePrice><value>6.96</value></conversionOrExercisePrice><transactionDate><value>2003-07-21</value></transactionDate><deemedExecutionDate><value>2003-10-13</value></deemedExecutionDate><transactionCoding><transactionFormType>4</transactionFormType><transactionCode>A</transactionCode><equitySwapInvolved>0</equitySwapInvolved><footnoteId id="F1"/></transactionCoding><transactionAmounts><transactionShares><value>3500</value></transactionShares><transactionPricePerShare><value>0</value></transactionPricePerShare><transactionAcquiredDisposedCode><value>A</value></transactionAcquiredDisposedCode></transactionAmounts><exerciseDate><value>2004-07-21</value><footnoteId id="F2"/></exerciseDate><expirationDate><value>2013-07-21</value></expirationDate><underlyingSecurity><underlyingSecurityTitle><value>Common Stock</value></underlyingSecurityTitle><underlyingSecurityShares><value>3500</value></unde
rlyingSecurityShares></underlyingSecurity><postTransactionAmounts><sharesOwnedFollowingTransaction><value>3500</value></sharesOwnedFollowingTransaction></postTransactionAmounts><ownershipNature><directOrIndirectOwnership><value>D</value></directOrIndirectOwnership><natureOfOwnership><value></value></natureOfOwnership></ownershipNature></derivativeTransaction></derivativeTable><footnotes><footnote id="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.</footnote><footnote id="F2">The option vests in four equal installments beginning on July 21, 2004.</footnote></footnotes><ownerSignature><signatureName>Jo-Ellen Kiddie</signatureName><signatureDate>2003-10-14</signatureDate></ownerSignature></ownershipDocument>

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</SEC-DOCUMENT>
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