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  September 5, 2001
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Home > Company Index > Aerospace & Defense > Aerospace/Defense - Products > First Aviation Services Inc.

First Aviation Services Inc.
Nasdaq: FAVS
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 PROFILE
The Pep Boys of the aerospace world, First Aviation (FAvS) supplies the parts and components that keep aircraft flying high. The company sells around 80,000 new and reconditioned parts to airlines, parts resellers, fixed-base operators, and corporate aviation. FAvS obtains its parts from small manufacturers as well as from major OEMs such as GE, Goodyear, and Textron Lycoming. With the aircraft engine-overhaul industry consolidating and in the belief that it was not receiving full market valuation for its own overhaul operations, the company sold that unit to Rolls-Royce North America. Chairman Aaron Hollander and CEO Michael Culver together own about 51% of FAvS through First Equity Group.

 COMPETITION
AAR CORP. (AIR)
Aviall, Inc. (AVL)
Textron Inc. (TXT)

 STOCK ANALYSIS
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 FINANCIAL OVERVIEW
Fiscal Year-End: January
2001 Sales (mil.): 97.60
1-Yr. Sales Growth: 20.2%
Employees: 209
Revenue per employee: $466,985.65

 KEY PEOPLE
• Michael C. Culver
    CEO
• John A. Marsalisi
    CFO

 CONTACT INFO
15 Riverside Ave.
Westport, CT 06880
US
Phone: 203-291-3300
Fax: 203-291-3330
Online: Web Site

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