OMB APPROVAL
OMB NUMBER 3235-0104
EXPIRES: SEPTEMBER 30, 1998
ESTIMATED AVERAGE BURDEN
HOURS PER RESPONSE.......................0.5
U.S. SECURITIES AND EXCHANGE COMMISSION
FORM 3
WASHINGTON, D.C. 20549
INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934,
Section 17(a) of the Public Utility Holding Company Act of 1935 or
Section 30(f) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
Braithwaite, Garlan
6905 N.W. 25th Street
Miami, Florida 33122
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2. Date of Event Requiring Statement
February 2, 1999
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3. IRS or Social Security Number of Reporting Person
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4. Issuer Name and Ticker or Trading Symbol
Aviation Sales Company "AVS"
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5. Relationship of Reporting Person to Issuer
/ / Director
/X/ Officer--Vice President - Finance
/ / 10% Owner
/ / Other
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6. If Amendment, Date of Original
N/A
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7. Individual or Joint/Group Filing
/X/ Form filed by One Reporting Person
/ / Form filed by More than One Reporting Person
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<TABLE>
<CAPTION>
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TABLE I - NON-DERIVATIVE SECURITIES BENEFICIALLY OWNED
3. Ownership Form:
2. Amount of Securities Direct (D) or 4. Nature of Indirect
1. Title of Security Beneficially Owned Indirect (I) Beneficial Ownership
- -------------------- ----------------------- ------------------ -----------------------
<S> <C> <C> <C>
Common Stock, 500 I By BTI Holdings, Inc.
par value $.001 per share
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</TABLE>
<PAGE>
<TABLE>
<CAPTION>
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TABLE II - DERIVATIVE SECURITIES BENEFICIALLY OWNED (E.G., PUTS, CALLS, WARRANTS, OPTIONS, CONVERTIBLE SECURITIES)
3. Title and Amount of Securities
2. Date Exercisable and Underlying Derivative Security
Expiration Date --------------------------------- 6. Nature of
1. Title of ------------------------ Amount or 4. Conversion Indirect
Derivative Date Expiration Number of or Exercise 5. Ownership Beneficial
Security Exercisable Date Title Shares Price of Form of Ownership
- -------------------- ----------- ---------- -------------------- --------- -------------- ------------ -------------
<S> <C> <C> <C> <C> <C> <C> <C>
Stock Options Immed. 12/17/07 Common Stock, 15,429 31.84 D
par value $.001
per share
Stock Options (1) 9/22/08 Common Stock, 5,000 27.63 D
par value $.001
per share
Stock Options (1) 9/22/08 Common Stock, 10,000 27.63 D
par value $.001
per share
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</TABLE>
Explanation of Responses:
(1) Options are exercisable in three equal annual installments with the first
installment commencing on 9/22/98.
** Intentional misstatements or omissions of facts constitute Federal Criminal
Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
/S/ GARLAN BRAITHWAITE 4/29/99
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**Signature of Reporting Person Date
