Month: August 2021

AvAir Partners with State Forty Eight to Support State Forty Eight Foundation

CHANDLER, Ariz. — AvAir has partnered with State Forty Eight to create custom shirts with one dollar from every collaboration t-shirt donated back to support the State Forty Eight Foundation. Similar to a mural in AvAir’s headquarters, the shirt design represents Arizona’s beautiful sky and serves as a reminder to always reach higher.

The foundation’s mission is to enrich and strengthen Arizona through thoughtful partnerships, inspired community action and investment in the changemakers of tomorrow. They fulfill their mission through their four pillars: creating meaningful partnerships, activating our community, supporting and empowering our youth and fostering the entrepreneurial spirit.

“We’re thrilled to select State Forty Eight for this collaboration as they’ve made a name for themselves as not only talented designers, but a group dedicated to improving our community,” said AvAir Director of Business Development, Zach Hall. “Giving back is extremely important to AvAir, so it made sense to work with a business who has the same values.”

“At State Forty Eight we are all about collaboration and community and through this partnership with AvAir, we’ve been able to achieve both,” said State Forty Eight Founder and CEO, Michael Spangenberg. “Zach has been a longtime supporter of our company and is an asset to our State Forty Eight Foundation board of directors. We’re thrilled AvAir chose us as their T-shirt partner and are really happy with the unique design we co-created with them.” 

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 on Inc. 5000 “Fastest Growing Companies in America” List

CHANDLER, Ariz. – AvAir, an industry-leading inventory solutions provider for the aviation aftermarket, has been named on the Inc. 5000 “Fastest Growing Companies in America” list for a fourth year. AvAir’s three-year revenue growth earned the company a ranking of 4683 out of 5000 of the fastest growing companies in the nation.

The list, which ranks 5,000 companies by their three-year revenue growth rates, is comprised of businesses of all sizes and functions. To qualify, companies must be independently owned, privately held and based in the U.S. It also needs to have met minimum revenue thresholds of $100,000 in 2017 and $2 million in 2020. Many household names like Microsoft, Under Armour and Zillow gained their first national exposure on the Inc. 5000 list.

“We’re honored to be included on this highly respected list alongside America’s top companies,” said Mike Bianco, CEO of AvAir. “In the past year, AvAir has made strategic partnerships throughout the pandemic and customized inventory solutions that provided liquidity to companies when they needed it most. This unique position and decades of preparation allowed AvAir to continue to grow despite the challenges created by the pandemic and we look forward to expanding further in years to come.”

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 Secures Engine Material Asset Management with IAI

CHANDLER, Ariz. — AvAir, an industry-leading inventory solutions provider for the aviation aftermarket, has completed an agreement with Israel Aerospace Industries (IAI) Aviation Group to provide asset management solutions for more than 20,000 line items.

IAI’s unique Aviation Group is a global leader, with more than 50 years’ experience in all aspects of the aircraft industry, having all the required capabilities in-house at one centralized location. With total commitment to quality and an extensive portfolio, IAI maintains the highest expertise in a broad range of capabilities, from aeronautic design and engineering, through flight testing, modification and certification. IAI is one of the few companies with proven in-house FAR 25 certification capabilities.

With this transaction, AvAir will manage more than 20,000 line items including internal parts and accessories from IAI’s core business lines, CFM56-3, CFM56-5B, CFM56-7B, V2500-A5 and PW4000 engines, along with airframe components for the A320 and Boeing family aircraft.

“This past year we have been working diligently to increase our access to engine material to offer more comprehensive solutions to our clients,” said Kevin Lenz, SVP of Powerplants for AvAir. “Our Asset Management Program was a great option for IAI to maximize their return on the asset by tapping into the growing material demand from our customers. 

“Over the years, we’ve accumulated a large inventory of surplus material and needed a company to sell the surplus material on a consignment basis,” said Shmuel Kuzi, Vice President and General Manager, of IAI Aviation Group. “We are eager to begin our partnership with AvAir and create more liquidity for Aviation Group.”  

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.

About Israel Aerospace Industries (IAI) Aviation Group

Israel Aerospace Industries (IAI) is a world-leading aerospace and defense company innovating and delivering state-of-the-art technologies in space, air, land, naval, cyber & homeland security for defense and commercial markets. Combining the “Start-up Nation” spirit of innovation with decades of combat-proven experience, IAI provides customers with tailor-made, cutting-edge solutions to the unique challenges they face including satellites, UAVs, missiles, intelligence solutions, weapon systems, air defense systems, robotic systems, radars, business jets, aerostructures, and more. Established in 1953, IAI is one of Israel’s largest technology employers with offices and R&D centers in Israel and abroad. For more information, visit https://www.iai.co.il/