BIAero's principal business is the purchasing and reselling of turbo-prop and turbo fan engine parts, engines and associated LRU's and airframe parts. Headquartered in Warren, New Jersey, we specialize in the regional airline and air ambulance sectors of the aviation market. Our focus is on the engines manufactured by Pratt & Whitney Canada, and in particular the PW100, PW150 and PT6 engine families that, with a current population of more than 40,000 units actively in use, are among the most prolific engine programs in history. BIAero's customers include aircraft operators, maintenance, repair, and overhaul facilities and other distributors throughout the world. We enable customers to reduce their engine maintenance costs by providing Federal Aviation Administration approved engines and engine parts on a timely basis and at competitive prices. The aircraft spare parts redistribution market is highly fragmented, with a limited number of large, well-capitalized companies selling a broad range of aircraft spare parts, and numerous smaller competitor servicing niche markets. We believe that a diverse product offering, superior management information systems, financial strength and access to captial are the factors that enable a company to capitalize on the current industry environment.