AvAir, an industry leading inventory solutions provider for the aviation aftermarket, continued to have impressive growth and reached new milestones in 2021.
Early in the year, the company earned the No. 1 position on Airline Economics’ Aviation 100 “Parts Supplier of the Year” rankings. This ranking is judged on several criteria including parts stocked, clients, number of employees – all areas that AvAir continued to focus on throughout the year. Mike Bianco, CEO of AvAir, also secured a place on the prestigious “CEO of the Year” rankings by Airline Economics’ Aviation 100 awards.
Five strategic partnerships that encompassed both part acquisitions and asset management were finalized and put into place this year including one with GE Aviation Materials managing nearly 70,000 components.
Additionally, AvAir celebrated its one-year anniversary of the Dublin, Ireland office. This facility received its customs warehouse accreditation from Irish Tax and Customs. This status allows the company to expedite the process of receiving and storing parts it acquires, continuing to save clients both time and money. In the last year, the facility has experienced significant growth with not only staff, but also in high-quality, in demand inventory.
Twelve new staff members joined the company in a variety of roles in both the Arizona and Ireland offices. Inc. 5000 also recognized AvAir in 2021 in its “Fastest Growing Companies in America” list for the 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. Inc. also named AvAir to its 2021 Best in Business List in the Logistics and Transportation Category.
“I am incredibly proud of the team at AvAir and all that we have accomplished this year,” said Bianco. “Success is a marathon not a sprint and reflecting on the hard work and strategic partnerships we have built this past year and continue to work on, shows that AvAir is a leader in the aviation aftermarket industry. I look forward to more growth next year.”
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.
