AVIALL INC
SC 13D/A, 1996-09-16
AIRPORTS, FLYING FIELDS & AIRPORT TERMINAL SERVICES
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<PAGE>

                                 UNITED STATES
                      SECURITIES AND EXCHANGE COMMISSION
                            Washington, D.C. 20549
                                       
                                 SCHEDULE 13D
                                       
                   Under the Securities Exchange Act of 1934
                              (Amendment No. 2)*
                                       
                                 Aviall, Inc.
- --------------------------------------------------------------------------------
                               (Name of Issuer)
                                       
                                 Common Stock
- --------------------------------------------------------------------------------
                        (Title of Class of Securities)
                                       
                                  05366B 10 2
             -----------------------------------------------------
                                (CUSIP Number)
                                       
                                Kurt Butenhoff
                          c/o Bear Stearns & Co. Inc.
           245 Park Avenue, New York, New York 10167 (212) 272-6849
- --------------------------------------------------------------------------------
                 (Name, Address and Telephone Number of Person
               Authorized to Receive Notices and Communications)

                              September 11, 1996
             -----------------------------------------------------
            (Date of Event which Requires Filing of this Statement)

If the filing person has previously filed a statement on Schedule 13G to report
the acquisition which is the subject of this Schedule 13D, and is filing this
schedule because of Rule 13d-1(b)(3) or (4), check the following box  / /.

Check the following box if a fee is being paid with the statement  / /.  
(A fee is not required only if the reporting person: (1) has a previous
statement on file reporting beneficial ownership of more than five percent of
the class of securities described in Item 1; and (2) has filed no amendment
subsequent thereto reporting beneficial ownership of five percent or less of
such class.)  (See Rule 13d-7.)

Note: Six copies of this statement, including all exhibits, should be filed with
the Commission.  See Rule 13d-1(a) for other parties to whom copies are to be
sent.

*The remainder of this cover page shall be filled out for a reporting person's
initial filing on this form with respect to the subject class of securities, and
for any subsequent amendment containing information which would alter
disclosures provided in a prior cover page.


The information required on the remainder of this cover page shall not be deemed
to be "filed" for the purpose of Section 18 of the Securities Exchange Act of
1934 ("Act") or otherwise subject to the liabilities of that section of the Act
but shall be subject to all other provisions of the Act (however, see the
Notes).

                       (Continued on following page(s))

                              Page 1 of ___ Pages


<PAGE>

- -------------------------------------------------------------------------------
  CUSIP No.  05366B 10 2             13D           Page   2    of       Pages  
          --------------------                          -----     -----        
- -------------------------------------------------------------------------------
   1     NAME OF REPORTING PERSON                                              
         S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON                     
              Mandarin, Inc.                             
- -------------------------------------------------------------------------------
   2     CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*            (a) [ ]  
                                                                               
                                                                      (b) [x]  
- -------------------------------------------------------------------------------
   3     SEC USE ONLY                                                          
                                                                               
                                                                               
- -------------------------------------------------------------------------------
   4     SOURCE OF FUNDS*                                                      

              WC
- -------------------------------------------------------------------------------
   5     CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED              
         PURSUANT TO ITEMS 2(d) or 2(e)                                   [ ]  
                                                                               
- -------------------------------------------------------------------------------
   6     CITIZENSHIP OR PLACE OF ORGANIZATION                                  

              Bahamas                                                       
- -------------------------------------------------------------------------------
   NUMBER OF      7     SOLE VOTING POWER                                      
              
    SHARES                   0                                            
                ---------------------------------------------------------------
  BENEFICIALLY    8     SHARED VOTING POWER                                    
                                                                   
    OWNED BY                 1,699,700                                        
                ---------------------------------------------------------------
     EACH         9     SOLE DISPOSITIVE POWER                                 
                                                                           
   REPORTING                 0                                                
                ---------------------------------------------------------------
    PERSON       10     SHARED DISPOSITIVE POWER                               
                                                                               
     WITH                    1,699,700                                        
- -------------------------------------------------------------------------------
  11    AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON           

             1,699,700                                                       
- -------------------------------------------------------------------------------
  12    CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES                 
        CERTAIN SHARES*                                                   [ ]  
                                                                               

- -------------------------------------------------------------------------------
  13    PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)                     

             8.7%                                                              
- -------------------------------------------------------------------------------
  14    TYPE OF REPORTING PERSON*                                              

             CO                                                               
- -------------------------------------------------------------------------------

                     *SEE INSTRUCTIONS BEFORE FILLING OUT!


<PAGE>

- -------------------------------------------------------------------------------
  CUSIP No.  05366B 10 2             13D           Page   3    of       Pages  
          --------------------                          -----     -----        
- -------------------------------------------------------------------------------
   1     NAME OF REPORTING PERSON                                              
         S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON                     
              Joseph Lewis                             
- -------------------------------------------------------------------------------
   2     CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*            (a) [ ]  
                                                                               
                                                                      (b) [x]  
- -------------------------------------------------------------------------------
   3     SEC USE ONLY                                                          
                                                                               
                                                                               
- -------------------------------------------------------------------------------
   4     SOURCE OF FUNDS*                                                      

              Not Applicable
- -------------------------------------------------------------------------------
   5     CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED              
         PURSUANT TO ITEMS 2(d) or 2(e)                                   [ ]  
                                                                               
- -------------------------------------------------------------------------------
   6     CITIZENSHIP OR PLACE OF ORGANIZATION                                  

              United Kingdom
- -------------------------------------------------------------------------------
   NUMBER OF      7     SOLE VOTING POWER                                      
              
    SHARES                   0                                            
                ---------------------------------------------------------------
  BENEFICIALLY    8     SHARED VOTING POWER                                    
                                                                   
    OWNED BY                 1,699,700                                        
                ---------------------------------------------------------------
     EACH         9     SOLE DISPOSITIVE POWER                                 
                                                                           
   REPORTING                 0                                                
                ---------------------------------------------------------------
    PERSON       10     SHARED DISPOSITIVE POWER                               
                                                                               
     WITH                    1,699,700                                        
- -------------------------------------------------------------------------------
  11    AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON           

             1,699,700                                                       
- -------------------------------------------------------------------------------
  12    CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES                 
        CERTAIN SHARES*                                                   [ ]  
                                                                               

- -------------------------------------------------------------------------------
  13    PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)                     

             8.7%                                                              
- -------------------------------------------------------------------------------
  14    TYPE OF REPORTING PERSON*                                              

             IN
- -------------------------------------------------------------------------------

                     *SEE INSTRUCTIONS BEFORE FILLING OUT!


<PAGE>

- -------------------------------------------------------------------------------
  CUSIP No.  05366B 10 2             13D           Page   4    of       Pages  
          --------------------                          -----     -----        
- -------------------------------------------------------------------------------
   1     NAME OF REPORTING PERSON                                              
         S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON                     
              Jane Lewis
- -------------------------------------------------------------------------------
   2     CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*            (a) [ ]  
                                                                               
                                                                      (b) [x]  
- -------------------------------------------------------------------------------
   3     SEC USE ONLY                                                          
                                                                               
                                                                               
- -------------------------------------------------------------------------------
   4     SOURCE OF FUNDS*                                                      

              Not Applicable
- -------------------------------------------------------------------------------
   5     CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED              
         PURSUANT TO ITEMS 2(d) or 2(e)                                   [ ]  
                                                                               
- -------------------------------------------------------------------------------
   6     CITIZENSHIP OR PLACE OF ORGANIZATION                                  

              United Kingdom
- -------------------------------------------------------------------------------
   NUMBER OF      7     SOLE VOTING POWER                                      
              
    SHARES                   0                                            
                ---------------------------------------------------------------
  BENEFICIALLY    8     SHARED VOTING POWER                                    
                                                                   
    OWNED BY                 1,699,700                                        
                ---------------------------------------------------------------
     EACH         9     SOLE DISPOSITIVE POWER                                 
                                                                           
   REPORTING                 0                                                
                ---------------------------------------------------------------
    PERSON       10     SHARED DISPOSITIVE POWER                               
                                                                               
     WITH                    1,699,700                                        
- -------------------------------------------------------------------------------
  11    AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON           

             1,699,700                                                       
- -------------------------------------------------------------------------------
  12    CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES                 
        CERTAIN SHARES*                                                   [ ]  
                                                                               

- -------------------------------------------------------------------------------
  13    PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)                     

             8.7%                                                              
- -------------------------------------------------------------------------------
  14    TYPE OF REPORTING PERSON*                                              

             IN
- -------------------------------------------------------------------------------

                     *SEE INSTRUCTIONS BEFORE FILLING OUT!

<PAGE>

                  This Amendment No. 2 to the Schedule 13D filed by Mandarin,
Inc. ("Mandarin"), Joseph Lewis and Jane Lewis relates to shares of the Common
Stock, $.01 par value per share (the "Common Stock"), of Aviall, Inc. (the
"Issuer"). Capitalized terms not otherwise defined herein shall have their
respective meanings as set forth in the initial filing on Schedule 13D.


Item 3.           Source and Amount of Funds or Other Consideration

                  Item 3 is hereby amended by adding the following at the end
thereof:

                  "Mandarin has acquired an additional 193,000 shares of the
Common Stock of the Issuer in open market purchases at various prices and in
varying amounts between June 10, 1996 and September 11, 1996 for an aggregate
purchase price of $1,681,004.78. The source of the funds used to acquire such
Common Stock was working capital of Mandarin."


Item 5.           Interest in Securities of the Issuer

                  Item 5 is hereby amended and restated in its entirety to read
as follows:

"Item 5.          Interest in Securities of the Issuer

                  Mandarin beneficially owns 1,699,700 shares of Common Stock
of the Issuer, representing 8.7% of such class of securities. The percentage of
shares of Common Stock reported beneficially owned is based upon 19,481,296
shares outstanding as of August 5, 1996 as reflected in the Issuer's Quarterly
Report on Form 10-Q for the quarterly period ended June 30, 1996, as filed with
the Securities and Exchange Commission. The Reporting Persons share voting and
dispositive power with respect to all of the shares of Common Stock owned by
Mandarin.

                  The trading dates, number of shares purchased or sold, price
and manner of trade for Mandarin during the period from June 10, 1996 to
September 11, 1996 is set forth on Schedule A hereto. The transactions
described above constitute the only transactions in the shares of Common Stock
of the Issuer which have been effected by any of the Reporting Persons during
such period."

<PAGE>



                  Signature
                  ---------

                  The undersigned, after reasonable inquiry and to the best of
their knowledge and belief, certify that the information set forth in this
statement is true, complete and correct.


Dated:  September 13, 1996

                                       MANDARIN, INC.



                                       By: /s/ Joseph Lewis
                                           -----------------------------------
                                           Joseph Lewis, Director



                                       /s/ Joseph Lewis
                                       ---------------------------------------
                                       Joseph Lewis, Individually



                                       /s/ Jane Lewis
                                       ---------------------------------------
                                       Jane Lewis, Individually

<PAGE>


                                   SCHEDULE A


<TABLE>
<CAPTION>
============================================================================================================================
   Type of Security            Trade Date              Quantity        Purchase Price Per Share            Effected
- ----------------------------------------------------------------------------------------------------------------------------
<S>                            <C>                       <C>          <C>                                 <C>        
     Common Stock              10-Jun-96                 50,000       $                   9.3725          Open Market
- ----------------------------------------------------------------------------------------------------------------------------
     Common Stock              17-Jun-96                 10,000       $                  10.1850          Open Market
- ----------------------------------------------------------------------------------------------------------------------------
     Common Stock              16-Jul-96                 15,000       $                   8.3100          Open Market
- ----------------------------------------------------------------------------------------------------------------------------
     Common Stock              23-Jul-96                  5,000       $                   8.5600          Open Market
- ----------------------------------------------------------------------------------------------------------------------------
     Common Stock              24-Jul-96                  3,200       $                   7.9350          Open Market
- ----------------------------------------------------------------------------------------------------------------------------
     Common Stock              26-Jul-96                  9,000       $                   8.0600          Open Market
- ----------------------------------------------------------------------------------------------------------------------------
     Common Stock              31-Jul-96                 40,000       $                   8.1850          Open Market
- ----------------------------------------------------------------------------------------------------------------------------
     Common Stock               1-Aug-96                  5,000       $                   8.3100          Open Market
- ----------------------------------------------------------------------------------------------------------------------------
     Common Stock               1-Aug-96                  5,000       $                   8.3100          Open Market
- ----------------------------------------------------------------------------------------------------------------------------
     Common Stock               6-Aug-96                  3,000       $                   8.4350          Open Market
- ----------------------------------------------------------------------------------------------------------------------------
     Common Stock               7-Aug-96                  3,100       $                   8.0600          Open Market
- ----------------------------------------------------------------------------------------------------------------------------
     Common Stock              13-Aug-96                    800       $                   7.9350          Open Market
- ----------------------------------------------------------------------------------------------------------------------------
     Common Stock              15-Aug-96                  5,500       $                   8.4350          Open Market
- ----------------------------------------------------------------------------------------------------------------------------
     Common Stock              16-Aug-96                  8,400       $                   8.7817          Open Market
- ----------------------------------------------------------------------------------------------------------------------------
     Common Stock              19-Aug-96                 20,000       $                   8.6750          Open Market
- ----------------------------------------------------------------------------------------------------------------------------
     Common Stock              11-Sep-96                 10,000       $                   8.4350          Open Market
- ----------------------------------------------------------------------------------------------------------------------------
               Totals:                                  193,000       
</TABLE>



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