Aviall Reports Double-Digit Gains

Jason Sandefur

Aviall Inc. continued its double-digit annual growth trend as 2005 revenue rose 11% to $1.3 billion. Sales were driven by the addition of GE’s CF6 engine product lines and a general aviation sector increase. Operating income for the year increased 39% to $106 million, while net income grew 31% to $56.6 million.
In January 2006 Aviall announced a 10-year agreement with Smiths Aerospace to provide civilian aftermarket distribution services that could be worth as much as $140 million in annual sales.
During the fourth quarter of 2005, sales gained 28% to $347.9 million, operating income grew 45% to $26.4 million, and net income improved 44% to $13.9 million. Web: aviall.com �2006 FastenerNews.com