Details

Last Funding Type

IPO

Last Funding Money Raised

$12M

Industries

Manufacturing,Transportation

Founded date

Jan 1, 1985

Operating Status

Active

Stock Symbol

nasdaq:AIRS

American Aircarriers Support is a leading international supplier of primarily high-margin
aircraft components and spare parts to major commercial passenger and cargo airlines, maintenance and repair facilities and other redistributors located throughout the world. The Company's net sales are principally derived from the redistribution of complete engines and engine components and spare parts for the Pratt & Whitney JT8 series and, to a lesser extent, the General Electric CFM56, as well as rotable, repairable and expendable airframe components and spare parts for Boeing, McDonnell-Douglas and Airbus aircraft. The Company acquires engine and airframe components and spare parts for redistribution through purchases of surplus aircraft for disassembly, bulk purchases of components andspare parts from aircraft operators, purchases of individual components andspare parts from other redistributors, consignments from aircraft operators and
others, and exchanges of inventoried aircraft components and spare parts for
components and spare parts that require service or overhaul.