SOURCE: Aerospace Products International

April 16, 2008 09:51 ET

UPDATE: API Joins MacAulay-Brown C-130 Center Wing Replacement Program

MEMPHIS, TN--(Marketwire - April 16, 2008) - Aerospace Products International, Inc. ("API"), a wholly-owned subsidiary of First Aviation Services Inc. (PINKSHEETS: FAVS), today joined the C-130 Center Wing Box Replacement Program led by MacAulay-Brown, Inc ("MacB"). API will source over 30,000 fasteners and other hardware components and deliver kitted shipsets to the Center Wing Box production line.

The MacAulay-Brown C-130 Center Wing Box Replacement Solution extends the service life of C-130 B, E & H model (as well as the commercial L-100) center wing structures for a minimum of 30,000 additional Equivalent Baseline Hours ("EBH") without recurring fatigue inspections or flight restrictions.

MacAulay-Brown team member TIMCO Aviation Services in Lake City, FL will provide modification facilities and touch labor. Kellstrom Industries will supply all new structural material for the center wing replacement. MacAulay-Brown, the prime contractor, serves as program manager and leads engineering functions.

Together, MacAulay-Brown team members have previously accomplished Center Wing Box Replacement work on 123 C-130 A aircraft, several of which are still flying.

"API prides itself on delivering value to our aviation customers. We are particularly proud to partner with MacAulay-Brown and provide the C-130/L-100 community with the only zero-time center wing solution," says Dr. Ahmed Metwalli, API's President and Chief Operating Officer. "API's planning, procurement and logistics operations will ensure that all program hardware and other support materials are delivered on-time so that the MacB team can reliably meet the 120-day turn-time target."

"MacB selected API based on their company's outstanding reputation as the premier worldwide provider of aviation consumable materials," stated Ted Norman, Operations Manager for MacAulay-Brown, Inc. "MacB's extreme confidence in API's ability to procure and deliver critical materials to our C-130 Center Wing program in order to meet production schedules finalized our strategic decision to name API as the exclusive supplier of consumable material and an official 'MacB Team' member."

The Center Wing Box Replacement is available to all C-130 FMS and L-100 operators worldwide.

API offers worldwide customer service 24 hours per day, 7 days per week, 365 days per year (+1.888.API.24X7 or +1.901.365.3470 extension 2171) through strategically located distribution centers and partnerships in the USA, Canada, China, Philippines and Europe.

About Aerospace Products International

Aerospace Products International, Inc., headquartered in Memphis, Tenn., is the leading provider of innovative distribution and supply chain services for the aviation industry. API distributes aircraft parts and related products and components to manufacturers, maintenance providers, and operators of some of the most widely used commercial, corporate and general aviation aircraft. In addition to its product supply services, API offers the aviation industry extensive supply chain management and third-party logistics services and solutions, including forecasting and procurement services, inventory management, rotables management, and product sales. API also offers overhaul and repair services for brakes and starters/generators, and builds custom hose assemblies. Its parent company, First Aviation Services Inc., is a worldwide leader in providing services to the aviation industry. More information is available at http://www.apiworldwide.com and http://www.firstaviation.com.

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