UPS Airlines and API Enter Into a Chemicals Management Agreement

MEMPHIS, TN, Apr 29 (MARKET WIRE) --
Aerospace Products International, Inc. (API), a wholly-owned subsidiary
of First Aviation Services Inc. (PINKSHEETS: FAVS) and a leading supplier
of innovative distribution and supply chain services for the aviation
industry announces a long-term chemicals management agreement with UPS
Airlines, a subsidiary of United Parcel Service in Louisville, Kentucky.
UPS was recently named 2009 Cargo Airline of the Year by Air Transport
World for its innovative approach to business.

API developed this supply chain program specifically to meet UPS Airlines'
chemicals management needs. As part of the program, API will provide
inventory planning, logistics and support services. Orders will be
processed via AeroXchange, the leading market and e-Commerce platform for
the airline industry. Program features also include guaranteed product
availability with a 100% fill rate on all contracted items as well as
guaranteed minimum shelf-life upon delivery to UPS.

"API is pleased to announce this partnership with UPS Airlines," says Dr.
Ahmed Metwalli, API's President and Chief Operating Officer. "API develops
and manages value-added supply chain programs, start to finish. This is
what we do best. In this tough economic environment, aerospace companies
and fleet operators are looking for solutions and for ways to economize
without losing quality. We have strong relationships with over 160 quality
brand name OEMs. Not only will API get our customers what they need, but
we will also save them money.

"UPS' selection of API to provide chemicals management services is a
testament to the hard work and expertise of the professionals at API." The
UPS program will be managed by the same API program management team that
has successfully implemented reliable supply chain management programs for
many leading airlines worldwide, including Lufthansa, JetBlue, FedEx
Express and Air New Zealand.

UPS Airlines operates a fleet of over 600 aircraft worldwide, making it
one of the largest airlines in the world.

About Aerospace Products International

API offers worldwide customer service 24 hours per day, 7 days per week,
365 days per year (+1.888.API.24X7 or +1.888.274.2497) through
strategically located distribution centers and partnerships in the USA,
Canada, China, Philippines and Europe.

Aerospace Products International, Inc., headquartered in Memphis, Tenn.,
is the leading provider of innovative distribution and supply chain
services for the aviation industry. API distributes aircraft parts and
related products and components to manufacturers, maintenance providers,
and operators of some of the most widely used commercial, corporate and
general aviation aircraft. In addition to its product supply services,
API offers the aviation industry extensive supply chain management and
third-party logistics services and solutions, including forecasting and
procurement services, inventory management, rotables management, and
product sales. API also offers overhaul and repair services for brakes and
starters/generators, and builds custom hose assemblies. Its parent
company, First Aviation Services Inc., is a worldwide leader in providing
services to the aviation industry. More information is available at
http://www.apiworldwide.com.

Contact:
Hollen Cromer
+1.901.259.4503
Email Contact

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