Earlier in the pandemic, there was downward pressure on pricing and narrow body engine material, but demand has picked up as passenger travel increases and cargo conversions gain steam.
Kevin Lenz
The September AviTrader Publications Corp. MRO edition is out and our very own Kevin Lenz, SVP of Powerplants, was featured! “This past year we have been working diligently to increase our access to engine material to offer more comprehensive solutions to our clients.” said Lenz. While we all know the last year has been difficult for so many, we’re looking forward to giving our aerospace clients the materials they need to succeed.
Full article on pages 15 & 16: https://www.avitrader.com/wp-content/uploads/2021/09/MRO-2021-09.pdf
Valerie has spent the last 22 years working for Corporate America. Thirteen of those years working within the Aerospace industry.
Early on in her career she had great leaders who encouraged her to pursue a career in Sales.
She strongly believes in investing in herself and for the past 7 years has been working closely with a sales coach. One of her main focuses has been to build a solid network within the Aerospace industry.
She finds the Aerospace industry extremely fascinating!
Her definition of success is having a balanced life.
Valerie’s other interest are Health and Nutrition and on her time off she enjoys hiking, farmers markets and cooking!
Valerie was born in Nicaragua, raised in Miami and for the past 27 years has resided in New Jersey while raising her son.
She is beyond excited to join the AvAir team and looks forward to sunny AZ living.
Connect: Valerie.Garica@avair.aero
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.
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.
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/
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.
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.
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.
Click here to read the release featured in Airline Economics.
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.
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