AvAir Closes $170 Million in New Revolving Credit Facilities With Six Banks
Why It MattersAftermarket distributors pair bank-funded revolving capacity with owned repair capability, so inventory depth and in-house certified shop capacity increasingly determine who can win component exchange and consignment business.
What happened
AvAir, an aviation aftermarket inventory solutions provider, announced on Nov. 3, 2026 that it has closed $170 million in new revolving credit facilities with six financial institutions: HSBC Bank USA, N.A., Crédit Agricole Corporate and Investment Bank, First Citizens Bank, Western Alliance Bank, Flagstar Bank, N.A., and Sunflower Bank, N.A.
The company said the expanded revolving capacity is intended to support its growth plan, including strategic inventory acquisitions, investments in new capabilities and continued expansion of its global aftermarket platform. Proceeds are earmarked for general corporate purposes, working capital requirements, inventory investments, strategic acquisitions and other growth initiatives.
The financing follows AvAir's recent acquisition of Full Stop Technics, a Milwaukee-based FAA- and EASA-certified wheel and brake repair provider. The deal added certified maintenance, repair and overhaul capabilities to AvAir's platform and created a captive service provider for its growing wheel and brake exchange program. Full Stop Technics continues to operate under its existing brand from its Milwaukee facility.
Chief Financial Officer Bob Knox said the financing reflects the strength of the business and gives the company flexibility to move quickly on strategic opportunities. Chief Executive Officer Mike Bianco said the bank support, together with the Full Stop Technics acquisition, strengthens the company's ability to expand its platform.
AvAir was founded in 2000 and is headquartered in Chandler, Arizona. It provides customized inventory solutions for airlines, OEMs and MROs, enabling customers and suppliers to buy, sell, exchange, loan, lease and consign aircraft components, and it maintains an inventory of rotable and consumable components serving customers worldwide.
Industry impact & what to watch
Component distribution is a working-capital business: the party that can buy inventory when it becomes available, hold it, and turn it into exchange, lease or consignment programs holds the advantage. A revolving facility spread across six banks is the kind of funding that lets an aftermarket supplier act on a stock opportunity without waiting for a separate financing round.
Pairing that funding with an owned, certified repair shop points to a broader pattern in the aftermarket: suppliers bringing the repair step inside the exchange program so that returned cores are overhauled by an affiliate rather than queued at a third party. That affects turnaround on exchange units and gives the supplier more control over the supply of serviceable parts.
What settles whether this financing translates into scale is the next set of announced inventory acquisitions or further capability purchases, since the company has named both as intended uses of the facilities.
