Rule 424(b)(3)
File No. 333-40429
Aviation Sales Company
SUPPLEMENT NO. 7 DATE NOVEMBER 5, 1998
TO PROSPECTUS DATED DECEMBER 4, 1997
As a result of certain transfers and sales of Common Stock by certain
Selling Stockholders, the Selling Stockholders section of the Prospectus, dated
December 4, 1997, of Aviation Sales Company (the "Company") is hereby deleted
and replaced in its entirety by the following table, which contains information
as of November 5, 1998:
<TABLE>
<CAPTION>
NUMBER OF NUMBER OF
SHARES SHARES BEING SHARES PERCENTAGE
BENEFICIALLY OFFERED FOR BENEFICIALLY OF SHARES
OWNED PRIOR SELLING OWNED AFTER OWNED AFTER
TO THE STOCKHOLDER'S THE THE
SELLING STOCKHOLDERS OFFERING ACCOUNT OFFERING(1) OFFERING(1)
<S> <C> <C> <C> <C>
- -------------------- -------- ------- ----------- -----------
AVAC Corporation(2)............................. 1,729,000 1,729,000 -- --
RCP Management LP(2)............................ 520,000 520,000 -- --
TM Aviation (Japan) Inc.(3)..................... 405,350 405,350 -- --
TM Aviation (USA) Inc.(3)....................... 225,150 225,150 -- --
Japan Fleet Service (Delaware) Inc.(3).......... 750,500 750,500 -- --
Dale S. Baker (4)............................... 325,000 300,000 25,000 *
Harold M. Woody (4)............................. 225,000 200,000 25,000 *
Michael A. Saso(5).............................. 85,000 75,000 10,000 *
Joseph E. Civiletto(5).......................... 45,000 25,000 20,000 *
James D. Innella(5)............................. 100,000 75,000 25,000 *
Kathleen A. Stiegal(6)(7)....................... 97,550 97,550 -- --
Chester H. Stiegal and Mary T. Stiegal,
JTWROS(6)....................................... 600 600 -- --
Mark F. and Kathleen A. Stiegal Irrevocable
Trusts f/b/o Bryan M. Stiegal(6)................ 600 600 -- --
Mark F. and Kathleen A. Stiegal Irrevocable
Trusts f/b/o Amanda M. Stiegal(6)............... 600 600 -- --
Mark F. and Kathleen A. Stiegal Irrevocable
Trusts f/b/o Christopher L. Stiegal(6).......... 600 600 -- --
Roman Catholic Diocese of Joliet; St. Daniel
The Prophet Church(6)........................... 50 50 -- --
</TABLE>
- ----------------------------------
(footnotes on next page)
<PAGE>
<TABLE>
<CAPTION>
NUMBER OF NUMBER OF
SHARES SHARES BEING SHARES PERCENTAGE
BENEFICIALLY OFFERED FOR BENEFICIALLY OF SHARES
OWNED PRIOR SELLING OWNED AFTER OWNED AFTER
TO THE STOCKHOLDER'S THE THE
SELLING STOCKHOLDERS OFFERING ACCOUNT OFFERING(1) OFFERING(1)
- -------------------- -------- ------- ----------- -----------
<S> <C> <C> <C> <C>
Al D. Short(6)(7)............................... 10,000 10,000 -- --
Al D. Short and Debra L. Short(6)(7) 40,000 40,000 -- --
James C. Stoecker(6)............................ 13,333 13,333 -- --
Kathryn M. Stoecker(6).......................... 51,667 51,667 -- --
Kathryn M. Stoecker International Trust (6)..... 110,000 110,000 -- --
Thomas H. Butler(6)............................. 103,495 103,495 -- --
Loren L. Furnas(6).............................. 100,865 100,865 -- --
Kansas Children's Service League(6)............. 1,315 1,315
Coffeyville Public School Foundation(6)......... 1,315 1,315
James Y. Johnson, II, Trustee of the James Y.
Johnson Revocable Living Trust, dated
December 16, 1997(6)(7)......................... 57,910 57,910 -- --
Janet E. Johnson, II, Trustee of the Janet E.
Johnson Revocable Living Trust, dated
December 16, 1997(6)............................ 40,000 40,000 -- --
James Y. Johnson, II, Custodian f/b/o James
Y. Johnson, III UTMA/AR(6)...................... 1,055 1,055 -- --
James Y. Johnson, II, Custodian f/b/o
Christopher M. Johnson UTMA/AR(6)............... 1,055 1,055 -- --
Piney Grove United Methodist Church(6).......... 1,950 1,950
Kenneth D. Loomer (6)(7)........................ 100,545 100,545 -- --
Grace Baptist Church(6)......................... 605 605 -- --
Center Fork Missionary Baptist Church(6)........ 1,345 1,345
Charles R. Quinn(6)............................ 103,495 103,495 -- --
Ronald E. Reagan and Cheryl A. Reagan, -- --
JTWROS(6)....................................... 103,495 103,495
-------
5,248,445
=========
- ---------------------------------
* Less than one percent of the outstanding Common Stock
(1) Assumes that all of the Shares will be sold, that no additional shares will be acquired and that no shares
other than those offered will be sold.
(2) Entities controlled by Robert Alpert, a director of the Company.
(3) Transferee of shares originally owned of record by J/T Aviation Partners ("J/T").
(4) Director and Executive Officer of the Company.
(5) Executive Officer of the Company.
(6) Seller of an interest in a company acquired by the Company or a transferee of such an interest.
(7) Employee of the Company or one of its subsidiaries or spouse of an employee of the Company or one of its subsidiaries.
</TABLE>
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