News Release
First Aviation Reverse Stock Split Effective DateWESTPORT, CT, October 24, 2011 - First Aviation Services Inc. (FAVS.PK) ("FAvS") announces that the 1 for 20 reverse stock split of its Common A and Common B stock announced on
October 12, 2011 is effective at the market opening today.
First Aviation Services Inc. ("FAvS") located in Westport,
Connecticut, through its principal operating subsidiaries
Aerospace Products International, Inc. ("API"), based in
Memphis, TN, Aerospace Turbine Rotables, Inc. ("AeTR") in
Wichita, KS, and Piedmont Propulsion Systems, LLC ("PPS") in
Winston-Salem, NC, is a leading provider of services to the
aviation industry worldwide. With locations in the U.S.,
Canada, Asia Pacific and China plus partners throughout the
world, FAvS is a leading provider of aviation products,
supply chain management services, repair and overhaul, and
technology solutions to the industry.
More information about FAvS and its subsidiaries may be found
on the company's website, www.firstaviation.com. Please see
our forward looking statements at
www.firstaviation.com/forward
.
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Contact: James G. Howell II Chief Financial Officer
First Aviation Services Inc. (901) 259-4502
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