Mike Bianco, CEO of AvAir, an industry leading inventory solutions provider for the aviation aftermarket, has been named in Airline Economics’ “40 Under 40” list for a second year.
The 2020 list is comprised of young talent across all sectors of the industry, including bankers, lawyers, airline executives and others. Recipients of the award are nominated via votes cast by clients and colleagues. Since Bianco’s first appearance on the list, he moved from president to CEO of the company.
“It’s an honor to receive this recognition from my peers,” Bianco said. “Our team has worked diligently to position AvAir as a leader in the industry and create lasting connections with our customers, so this truly means a lot to us as a company.”
Prior to leading a company buyout and becoming CEO in February 2019, Bianco began at AvAir working in the warehouse shipping and receiving parts. During his time with the company he has held many positions, including director of sales, vice president and president. Bianco’s changing roles over the last 20 years at AvAir give him a unique perspective to understand the inner workings of his company and the industry overall and how to prepare for times of uncertainty like The Great Recession and the current coronavirus pandemic. Within his first year as CEO, Bianco has grown AvAir revenue organically by 34% and has acquisitions planned for the near future.
AvAir offers customized solutions for customers and suppliers to buy, sell, exchange, loan, lease, or consign more than 26 million in-stock aircraft parts. The company is ISO 9001, AS9120 and ASA 100 certified, and adheres to the highest quality standards in all phases: purchasing, receiving, stocking, sales and shipping. AvAir recently expanded operations to Dublin, offering better service to customers in Europe, Asia and the Middle East.
Founded in 2000, Arizona-based AvAir is a global leader in the aviation aftermarket, providing customized inventory solutions for airlines, OEMs, and MROs. AvAir, offers customized solutions for customers and suppliers to buy, sell, exchange, loan, lease, or consign more than 26 million in-stock aircraft parts. For more about AvAir, visit AvAir.aero.