AvAir Closes $170 Million in New Revolving Credit Facilities

Six Banks Back AvAir’s Next Phase of Growth

CHANDLER, Ariz. — AvAir, a global leader in aviation aftermarket inventory solutions, today announced the closing of $170 million in new revolving credit facilities with a group of six financial institutions: HSBC Bank USA, N.A, Crédit Agricole Corporate and Investment Bank, First Citizens Bank, Western Alliance Bank, Flagstar Bank, N.A., and Sunflower Bank, N.A.

The expanded revolving capacity provides AvAir with additional financial flexibility to execute its aggressive growth plan, including strategic inventory acquisitions, investments in new capabilities and continued expansion of the company’s global aftermarket platform.

“Closing this financing with six institutions of this caliber says a great deal about the strength of our business and the opportunity ahead of us,” said Bob Knox, Chief Financial Officer of AvAir. “Each of these banks took the time to understand our industry. This partnership gives AvAir the flexibility to move quickly on strategic opportunities while continuing to deliver exceptional service and value to our customers around the world.”

The financing follows AvAir’s recent acquisition of Full Stop Technics, a Milwaukee-based FAA- and EASA-certified wheel and brake repair provider. The acquisition added certified maintenance, repair and overhaul capabilities to AvAir’s aftermarket platform and created a captive service provider for the company’s growing wheel and brake exchange program. Full Stop Technics continues to operate under its existing brand from its Milwaukee facility.

“This financing represents another important step in AvAir’s continued evolution and positions us to pursue our growth strategy with confidence,” said Mike Bianco, Chief Executive Officer of AvAir. “We have built AvAir by acting decisively, investing in inventory and capabilities, and finding creative solutions for our customers. Together with our acquisition of Full Stop Technics, the support of these banks strengthens our ability to expand our platform, pursue new opportunities and provide even greater support to customers across the global aviation aftermarket.”

AvAir will use the facilities to support general corporate purposes, working capital requirements, inventory investments, strategic acquisitions and other growth initiatives.

For more information, visit AvAir.aero.

About AvAir

Founded in 2000 and headquartered in Chandler, Arizona, AvAir is a global leader in the aviation aftermarket. The company provides customized inventory solutions for airlines, OEMs and MROs, offering customers and suppliers the ability to buy, sell, exchange, loan, lease and consign aircraft components. AvAir maintains an extensive inventory of rotable and consumable components and serves customers around the world through its global operating platform. For more information, visit AvAir.aero.

AvAir Enters into Long-Term Aircraft Asset Management Agreement with XAero for Multi-Aircraft Teardown Program

CHANDLER, Ariz. – AvAir, a leading provider of aftermarket aviation inventory solutions and component support, today announced the entry into a long-term aircraft asset management agreement with XAero, one of China’s leading aviation asset disposal and aircraft lifecycle management companies.

The agreement launches with the teardown, asset management, and material remarketing of three commercial aircraft, representing the first phase of what both companies expect to be an expanding strategic relationship focused on maximizing aircraft residual value and increasing the availability of high-quality Used Serviceable Material (USM) to operators worldwide.

Under the agreement, AvAir will manage the inventory monetization, repair strategy, global sales, and distribution of harvested material generated from an initial three USA-based teardowns, including Airbus A320 family aircraft and Boeing 737NG assets. The program will provide airlines, MROs, leasing companies, and aviation suppliers with access to a significant volume of serviceable rotable and expendable inventory entering the global aftermarket.

“Partnering with XAero represents another important step in AvAir’s continued expansion as a global asset management and aftermarket solutions provider,” said Brandon Wesson, President of AvAir. “The aviation industry continues to demand reliable sources of quality USM, and this agreement further strengthens our ability to deliver inventory solutions to customers around the world. Just as importantly, we view this as the beginning of a broader long-term strategic relationship between our organizations.”

XAero has established itself as a major participant in the aviation asset management sector, providing engine leasing, aircraft and engine teardown, recycling, asset disposal, engine management, and parts distribution services throughout Asia and other international markets. Through its relationship with Xiamen Airlease and its growing global footprint, XAero has managed a portfolio of more than 100 aircraft and has become a leading participant in the disposition of mid-life and end-of-life aviation assets. 

“XAero is committed to growing its overseas presence through its recently established  XAero Singapore, XAero USA entities, and working closely with strong, robust, local and global supply chain partners,” said Paul Nation, XAero’s Managing Director Overseas Business.  

Nation praises the strategic strength of partnering with AvAir, referring to AvAir’s vast experience of managing consignment stocks, repair management and extensive North American and Global salesforce.

The collaboration combines XAero’s extensive aircraft asset base with AvAir’s global distribution network, technical expertise, and proven track record in maximizing aftermarket asset value. By leveraging the strengths of both organizations, the partnership is expected to accelerate material flow into the aftermarket while increasing returns on retired aircraft assets.

As commercial fleets age and maintenance costs increase across the aviation industry, airlines and lessors are increasingly seeking specialized partners capable of efficiently managing aircraft transitions from active service into component recovery and remarketing programs. The AvAir-XAero partnership is designed to address this growing need by providing a comprehensive end-to-end asset management solution.

“We are excited to support XAero’s growing portfolio of aircraft and to help bring significant volumes of high-demand material to the global market,” Wesson added. “The scale of XAero’s platform, combined with AvAir’s sales capabilities and customer reach, creates a strong foundation for future growth as we continue to evaluate additional aircraft and asset management opportunities together.”

The initial aircraft are expected to enter the teardown and material recovery process over the coming months, with inventory becoming available to operators and maintenance providers through AvAir’s global sales channels.

For more information about AvAir visit AvAir.aero. For more information about XAero visit XAero.com

About AvAir

AvAir is a global aviation inventory solutions provider specializing in the sale, exchange, lease, repair management, consignment, and asset management of commercial aircraft components. Headquartered in Chandler, Arizona, AvAir supports airlines, MROs, OEMs, and leasing companies worldwide with comprehensive aftermarket supply chain solutions.

About XAero

XAero is a leading aviation asset management and aircraft disposal platform focused on aircraft teardown, engine management, asset remarketing, component sales, and sustainable aircraft lifecycle solutions. As part of the broader Xiamen Airlease group, XAero manages aviation assets across Asia and international markets and has supported the management and disposition of more than 100 aircraft worldwide.

AvAir Acquires Full Stop Technics

Acquisition Expands AvAir’s Aftermarket Platform with Certified Wheel and Brake Repair Capabilities

CHANDLER, Ariz., July 15, 2026 — AvAir, an industry-leading inventory solutions provider for the aviation aftermarket, has acquired Full Stop Technics, adding FAA- and EASA-certified wheel and brake maintenance, repair and overhaul capabilities to its global aftermarket platform.

“This acquisition strengthens AvAir’s aftermarket platform by adding certified wheel and brake MRO capabilities,” said Mike Bianco, CEO of AvAir. “Full Stop Technics brings the technical expertise and customer-first approach that make it the right fit as we continue to expand support for our customers.”

Full Stop Technics brings specialized wheel and brake maintenance, repair and overhaul expertise to AvAir’s aftermarket platform, complementing AvAir’s inventory scale with certified in-house service capabilities.

“This partnership is a great fit for our customers and our long-term strategy, especially following our recent purchase of more than 1,600 wheels and brakes from Lufthansa Technik,” added Brandon Wesson, President of AvAir. “Bringing this capability in house allows us to pair AvAir’s extensive inventory position with certified wheel and brake repair support, creating a faster, more integrated solution and a significant benefit for our customers.”

The acquisition reflects AvAir’s continued investment in capabilities that broaden its global aftermarket offering and strengthen support for airlines, OEMs and MRO customers. AvAir also recently opened its third facility in Dallas, Texas, adjacent to Dallas-Fort Worth International Airport, further expanding its North American distribution network.

“Joining forces with AvAir marks an exciting new chapter for Full Stop Technics and the customers we serve,” said Bill Morales, President of Full Stop Technics. “Over nearly four decades, our team has built a reputation for responsiveness, precision and quality in wheel and brake MRO. AvAir shares those values, and together we can give customers a more connected experience from parts sourcing through certified repair and overhaul. We look forward to supporting our team, our customers and the broader aviation community in this next phase.”

Headquartered in Chandler, Ariz., AvAir celebrated its 25th anniversary in 2025 and offers customized solutions for customers and suppliers to buy, sell, exchange, loan, lease or consign inventories, with more than 26 million in-stock components. The company is ISO 9001, AS9120 and ASA 100 certified.

For more information about AvAir, visit AvAir.aero. For more information about Full Stop Technics, visit FullStopTechnics.com.

About AvAir

Founded in 2000, Arizona-based AvAir is a global leader in the aviation aftermarket, providing customized inventory solutions for airlines, OEMs and MROs. AvAir has been named Parts Supplier of the Year for 2021, 2022, 2023, 2024, 2025 and 2026 by Airline Economics as part of its Aviation 100 Global Leaders Awards. The company has also been recognized for sustainability, including Climate Neutral Certification by Change Climate and the Environmental Sustainability Award from Airline Economics. AvAir has been named to the Inc. 5000 five times as one of the fastest-growing private companies in America. For more information, visit AvAir.aero.

About Full Stop Technics

Full Stop Technics is a Milwaukee, Wisconsin-based MRO and parts supply enterprise holding dual FAA and EASA certification. Built on nearly four decades of industry expertise, the company has earned a strong reputation among commercial airlines, regional operators and cargo carriers for technical depth, responsive service and quality across wheel and brake maintenance, repair and overhaul. For more information, visit FullStopTechnics.com.

AvAir Appoints Tyler Botthof as Chief Operating Officer

Chandler, Ariz. AvAir, a global leader in aviation inventory solutions and aftermarket services, announced the promotion of Tyler Botthof to chief operating officer, effective January 1.

“Tyler’s deep industry knowledge, hands-on experience across both sales and operations, and long-term commitment to AvAir make him exceptionally well-suited to lead our operations as Chief Operating Officer,” said Mike Bianco, CEO of AvAir.

In this role, Botthof will oversee AvAir’s global operations, driving operational excellence, scalability, and strategic execution as the company continues to expand its footprint in the aviation aftermarket.

Botthof brings more than 24 years of dedicated service to AvAir. He began his career with the company in the warehouse, steadily working his way through a variety of sales and operational roles before most recently serving as Vice President of Operations. Throughout his tenure, he has played a key role in strengthening operational performance, optimizing supply-chain execution, and reinforcing AvAir’s reputation for reliability, speed, and customer service.

“I’m honored to step into the role of Chief Operating Officer,” said Botthof. “Having grown with AvAir from the warehouse to the executive team, I’m proud of what we’ve built together and excited to continue working alongside our talented team to support our customers and drive the company forward.”

AvAir, which celebrated its 25th year in 2025, offers customized solutions for customers and suppliers to buy, sell, exchange, loan, lease, or consign inventories with more than 26 million in-stock components. The company is ISO 9001, AS9120, and ASA 100 certified and adheres to the highest quality standards in all phases: purchasing, receiving, stocking, sales, and shipping.