SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM 10-C
REPORT BY ISSUER OF SECURITIES QUOTED ON NASDAQ
INTERDEALER QUOTATION SYSTEMS
FILED PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934 AND RULE 13a-17
OR 15d-17 THEREUNDER
INTERNATIONAL AIRLINE SUPPORT GROUP, INC.
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8095 NW 64th Street, Miami, Florida 33166
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Issuer's telephone number, including area code 305/593-2658
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I. CHANGE IN NUMBER OF SHARES OUTSTANDING
Indicate any change (increase or decrease) of five percent or more in the
number of shares outstanding:
1. Title of security Common Stock $.001 par value per share
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2. Number of shares outstanding before the change 4,041,779
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3. Number of shares outstanding after the change 149,695
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4. Effective date of change October 3, 1996
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5. Method of change: Specify method (such as merger, acquisition,
exchange, distribution, stock split, reverse split, acquisition of
treasury, etc.)
Reverse Stock Split
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Give brief description of transaction: On October 3, 1996, the Company
completed a restructuring of its capital structure. Pursuant to the
restructuring, the Company, among other things, effected a 1-for-27
reverse stock split of its Common Stock.
II. CHANGE IN NAME OF USER
1. Name prior to change
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2. Name after change
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3. Effective date of charter amendment changing name
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4. Date of shareholder approval of change, if required
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Date October 4, 1996 /s/Alexius A. Dyer III
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Chairman of the Board, President and
Chief Executive Officer