News Clips: Boeing Completes Aviall Purchase

 - November 6, 2006, 8:46 AM

Aviall, one of the largest independent suppliers of new parts for business, government and commercial aircraft, now falls under the direction of managers at Boeing, following a $1.7 billion acquisition deal completed last month. Chicago-headquartered Boeing will operate the company under the current Aviall name as a wholly owned subsidiary, similar to its arrangement with chart-maker Jeppesen. Incorporated in 1993, Dallas-based Aviall buys new parts from some 220 OEMs and resells them to general aviation, government and airline customers.