FORM 3
U.S. SECURITIES AND EXCHANGE COMMISSION
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*
QUEVEDO BENITO
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(Last) (First) (Middle)
6905 N.W. 25TH STREET
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(Street)
MIAMI FLORIDA 33122
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(City) (State) Zip
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2. Date of Event Requiring Statement
(Month/Day/Year)
JUNE 12, 1998
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3. IRS Number of Reporting Person (Voluntary)
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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
(Check all applicable)
___ Director ___ 10% Owner
X Officer (give title below) ___ Other (specify below)
PRESIDENT OF AVIATION SALES MAINTENANCE, REPAIR & OVERHAUL COMPANY,
A SUBSIDIARY OF ISSUER
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6. If Amendment, Date of Original
(Month/Day/Year)
N/A
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7. Individual or Joint/Group Filing (Check applicable line)
X Form filed by One Reporting Person
__ Form filed by More than One Reporting Person
<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
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<S> <C> <C> <C>
COMMON STOCK, PAR 176,939 D
VALUE $.001 PER SHARE
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</TABLE>
<PAGE>
<TABLE>
<CAPTION>
FORM 3 (CONTINUED)
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TABLE II - DERIVATIVE SECURITIES BENEFICIALLY OWNED (E.G., PUTS, CALLS, WARRANTS, OPTIONS, CONVERTIBLE SECURITIES)
2. Date Exercisable and 3. Title and Amount of Securities 5. Ownership
Expiration Date Underlying Derivative Security Form/
(Month/Day/Year) --------------------------------- 4. Conversion or Derivative 6. Nature of
1. Title of ------------------------ Amount or Exercise Price Security: Indirect
Derivative Date Expiration Number of of Derivative Direct(D) or Beneficial
Security Exercisable Date Title Shares Security Indirect(I) Ownership
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<S> <C> <C> <C> <C> <C> <C> <C>
STOCK OPTIONS (1) 6/11/03 COMMON STOCK, PAR 25,000 35.25 D
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 6/12/98.
**Intentional misstatements or omissions of facts constitute Federal Criminal
Violations. SEE 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
/s/ Benito Quevedo 2/4/99
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Signature of Reporting Person Date
BENITO QUEVEDO
