May 2021 – AvAir

AvAir CEO Mike Bianco Recognized on “CEO of the Year” Rankings

May 10, 2021

CHANDLER, Ariz. – AvAir, an industry leading inventory solutions provider for the aviation aftermarket, continues to receive global recognition with CEO Mike Bianco securing a place on the prestigious “CEO of the Year” rankings by Airline Economics’ Aviation 100 awards.

“It’s an honor to be named as a top ten industry leader alongside prominent figures in aviation and I believe it shows that the industry understands the importance of the aviation aftermarket,” said Mike Bianco, CEO of AvAir. “Companies like AvAir are necessary to keep the industry moving and have played a critical role in creating solutions to help airlines throughout the pandemic.”

CEO of the Year is judged on the performance of the company over the past 12 months, personal involvement with deals, expansions, agreements and suppliers.

Bianco has always been forward thinking, but this past year has highlighted his innovation and drive as a leader. When Bianco became CEO in 2018 he partnered with Corrum Capital, to ensure that AvAir was financially secure for the inevitable ebbs and flows of the market. They worked together to create a strategy that would allow AvAir to invest heavily in inventory during an economic downturn and when the coronavirus pandemic hit, Bianco and his team began to execute their plan. AvAir has made strategic partnerships throughout the pandemic and customized inventory solutions that provided liquidity to companies when they needed it most.

Bianco has worked diligently to not only build AvAir to be a leader in the industry, but a trusted source to their clients. Through his leadership and vision, clients that have faced challenges due to the pandemic knew they could collaborate with AvAir to create a solution that met their needs.

AvAir offers solutions for customers and suppliers to buy, sell, exchange, loan, lease, or consign inventories with more than 26 million in-stock parts. 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.

For more information about AvAir, visit AvAir.aero.

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 offers solutions for customers and suppliers to buy, sell, exchange, loan, lease, or consign inventories with more than 26 million in-stock parts. Recognized as a global leader, AvAir has been named “No. 1 Parts Supplier of the Year” by Airline Economics, and “Fastest Growing Companies in America.” by Inc. 5000. For more about AvAir, visit AvAir.aero.

AvAir Named No. 1 Parts Supplier Globally

May 6, 2021

CHANDLER, Ariz. – AvAir, an industry leading inventory solutions provider for the aviation aftermarket, continues to be recognized as a global authority by earning the No. 1 position on Airline Economics’ Aviation 100 “Parts Supplier of the Year” rankings.

Parts Supplier of the Year is judged on the following criteria: parts stocked, clients on books/new clients in the past 12 months, locations/number of employees, ability to source, supply and timescale; plus, results from the Aviation News survey.

“This recognition means so much to our team,” said Mike Bianco, CEO of AvAir. “We have worked diligently to not only become a leader in our industry, but a trusted source to our clients, all while maintaining our company core values. We look forward to expanding our partnerships and services in 2021.”

In 2020, AvAir made a series of enhancements to better serve their clients worldwide. In March the company opened a 25,000-square-foot warehouse facility at the Dublin Airport creating employment opportunities in both Dublin and Chandler. The Dublin facility removed nearly 5,000 miles from the total distance inventory traveled, saving both time and money for customers in Europe, Asia, and the Middle East.

In response to the challenges presented by the ongoing coronavirus pandemic, AvAir launched their Value Creation Program (VCP) in 2020 to offer optimal remedies for assets compromised by the market conditions. AvAir offers four solutions to meet customer needs including purchase leaseback, asset management, storage and outright purchase. In addition to VCP, AvAir made new strategic partnerships which added to the more than 26 million in-stock rotable and consumable components. With an unmatched financial purchasing capability, AvAir looks to continue to grow their pool of inventory throughout this year and beyond.

For more information about AvAir, visit AvAir.aero.

Click here to read the release featured in Airline Economics.

About AvAir

Phoenix Business Journal 2021 Healthiest Employers: Micro category winner – AvAir

May 3, 2021

When the Covid-19 pandemic hit, most companies had to change how they operated and in many cases had to drop some benefits and programs, but AvAir, a Chandler-based aviation parts provider, went out of its way to ensure that its health and wellness plan stayed part of its employees’ lives.

Before the pandemic, AvAir’s approach to employee wellness included group and one-on-one sessions with a personal trainer, consultations with doctors and meal prep from a local company.

“At AvAir we work long hours and it can get stressful,” said Max Masterson, the company’s vice president of sales. “It is our job to make employees feel comfortable and healthy.”

The company’s approach to health and wellness is more than just a perk, Masterson said. It has become a lifestyle of the employees, with the majority of them taking advantage of the benefits and making them part of their daily lives. AvAir is this year’s Healthiest Employer winner in the micro-size company category.

So when the pandemic hit and the AvAir offices closed, Masterson said it was a goal from the leaders of the company to find a way to get back into the office and to get these programs up and running again.

After about a month of working from home, AvAir was able to come back to their offices in the spring of 2020. Having 200,000 square feet and less than 100 employees, Masterson said it was easy to socially distance at the office. Temperature checks for employees and guests became mandatory and there were increased cleaning protocols.

AvAir then worked with its personal trainer at Scott’s Training Systems on how to hold classes again. The team used apps to work with the personal trainer and to do group workouts. Masterson said it was good just for everyone to be able to interact with each other like they did before, even if it was over an app.

AvAir even kept its partnership with DiLandri Family Foods to provide nutritious food options for employees. To reduce the risk of spreading the virus, meals would be prepped when employees weren’t at the office but then could be picked up the next day.

“Our employees take full advantage of the programs available and put an emphasis on their health,” CEO Mike Bianco said.

Not only did AvAir retain all of its employees during the pandemic, Masterson said it also even hired a few new ones. He credited the company’s wellness benefits as one of the reasons why people stick around.

NEWS & MEDIA

Month: May 2021

AvAir CEO Mike Bianco Recognized on “CEO of the Year” Rankings

AvAir Named No. 1 Parts Supplier Globally

Phoenix Business Journal 2021 Healthiest Employers: Micro category winner – AvAir

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