| Business Summary | | Aviation
Distributors
Inc.
provides
parts
procurement
services
to
major
commercial
airlines
worldwide.
Aircraft
parts
offered
by
the
Company
include
those
manufactured
by
Airbus,
Boeing
(including
McDonnell
Douglas),
General
Electric,
Lockheed,
Pratt
&
Whitney
and
Rolls
Royce.
In
addition,
Aviation
Distributors
sometimes
engages
in
consignment
and
marketing
agreements
with
major
commercial
airlines,
distributors
and
OEMs
(original
equipment
manufacturers),
which
allows
the
Company
to
offer
a
wide
range
of
parts
for
sale
without
certain
risks
and
financing
costs
associated
with
owned
inventory. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Aviation
Distributors
supplies
new
and
overhauled
aircraft
parts
to
major
commercial
airlines
worldwide.
ADIN
locates,
acquires
and
supplies
parts
for
all
major
aircraft.
For
the
six
months
ended
6/30/01,
sales
rose
1%
to
$18.4
million.
Net
loss
totalled
$3.1
million
vs.
income
of
$144
thousand.
Revenues
reflect
improved
financing
arrangements
with
the
companies
lender,
which
led
to
additional
sales.
Loss
reflects
increased
bad
debt
expenses
and
professional
fees. | More
from
Market Guide: Significant
Developments |
| | |
| Position | William King, 58 | Chairman | Gary Joslin, 62 | CFO | Jeffrey Ward, 40 | Exec.
VP | John Jacobs, 35 | Sr.
VP | Bruce Haglund, 47 | Gen.
Counsel, Sec., Director |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|