First Aviation Services Inc. ("First Aviation") was created in June 1995 by First Equity Group ("First Equity") to acquire and hold National Airmotive Corporation (NAC) from Triton Group Ltd. First Equity Group is an investment firm specializing in the aerospace and defense industries.
Aerospace Products International (API), First Aviation's principal subsidiary, based in Memphis, Tennessee, offers supply chain management solutions to the aerospace industry. While the company's roots are in parts distribution, API is in the service business, not the parts business. The company offers solutions for improving the efficiency of the administration of the aviation supply chain. API sells business processes and technology that allow its customers to increase operating margins while better serving their customers. API's services provide its customers' customers with a superior ownership experience. This gives API's customers the opportunity to build long-term loyalty with their customers, and thus create value
