| Business Summary | | Aviation
Sales
Company
is
a
provider
of
aviation
maintenance,
repair
and
overhaul
services
(MR&O).
The
Company
sells
and
provides
aircraft
MR&O
services
to
commercial
passenger
airlines
and
air
cargo
carriers
throughout
the
world,
and
offers
maintenance
and
repair
services
through
its
nine
repair
stations
licensed
by
the
Federal
Aviation
Authority.
These
services
include
maintenance,
repair
and
modification
services
for
aircraft,
and
repair
and
overhaul
services
on
a
wide
range
of
aircraft
components,
flight
control
surfaces,
aircraft
interiors
and
Pratt
&
Whitney
JT8D
engines.
In
addition,
the
Company
provides
modification
services
for
the
conversion
of
passenger
aircraft
to
freighter
configuration,
as
well
as
aircraft
engineering
services.
The
services
that
the
Company
offers
allow
its
customers
to
reduce
their
costs
by
outsourcing
some
or
all
of
their
MR&O
functions. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Aviation
Sales
is
a
provider
of
fully
integrated
aviation
inventory
and
maintenance,
repair
and
overhaul
services
and
heavy
maintenance
services
for
aircraft,
and
is
a
redistributor
of
aircraft
parts.
For
the
three
months
ended
3/31/01,
revenues
fell
20%
to
$81.6
million.
Net
loss
from
continuing
operations
totaled
$15.5
million
vs.
an
income
of
$1.1
million.
Results
reflect
a
reduction
in
market
opportunities,
the
temporary
closure
of
the
Oscoda
facility
and
lower
gross
and
operating
margins. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Roy Rimmer, Jr., 60 Chairman,
CEO | -- | Benito Quevedo, 47 Pres,
COO, Director | $350K | Michael Brant, 38 CFO,
VP | 353K | Harold Woody, 55 Exec.
VP | 253K | Laura DeCespedes, 44 VP,
HR | -- | Dollar amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|