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                                             Filed by Kellstrom Industries, Inc.
                           Pursuant to Rule 425 under the Securities Act of 1933
                                                      Registration No. 333-56750


                              FOR IMMEDIATE RELEASE

                      KELLSTROM INDUSTRIES, INC. ANNOUNCES
                   AN EXTENSION OF ITS AMENDED EXCHANGE OFFER

MIRAMAR, Fla.--July 16, 2001 - Kellstrom Industries, Inc. (NASDAQ: KELL) today
announced the extension of its pending exchange offer for up to $54 million of
its outstanding series of 5-3/4% convertible subordinated notes due October 15,
2002 (CUSIP Nos. 488035AC0 and U48787AA0) and/or up to $86.25 million of its
outstanding series of 5-1/2% convertible subordinated notes due June 15, 2003
(CUSIP No. 488035AE6) (the "old notes"), in any combination totaling no more
than $96 million in aggregate.

As previously announced, the Company said it is engaged in informal discussions
with certain holders of old notes regarding potential changes to the terms of
the exchange offer. In order to facilitate ongoing discussions, the expiration
date for the exchange offer has been extended from 5:00 p.m., New York City
time, on July 13, 2001, to 5:00 p.m., New York City time, on July 31, 2001,
unless earlier terminated or extended.

The complete terms of the amended exchange offer remain unchanged and are
contained in the Preliminary Prospectus and Exchange Offer documents dated June
12, 2001, as supplemented by a Prospectus Supplement date June 26, 2001.

As of 5:00 p.m., New York City time, on July 13, 2001, the Company received
tenders from holders of $10.6 million in aggregate principal amount of the
5-3/4% convertible subordinated notes, representing 19.6% of the outstanding
5-3/4% notes and $11.5 million in aggregate principal amount of the 5-1/2%
convertible subordinated notes, representing 13.3% of the outstanding 5-1/2%
notes.

Banc of America Securities LLC is the exclusive dealer manager for the exchange
offer. D.F. King & Co., Inc. is the information agent and First Union National
Bank is the depositary. Copies of the Preliminary Prospectus and Exchange Offer,
as supplemented, can be obtained by calling D.F. King at (800) 928-0153.
Additional information concerning the terms and conditions of the offer may be
obtained by contacting Banc of America Securities LLC at (888) 292-0070.

Kellstrom is a leading aviation inventory management company. Its principal
business is the purchasing, overhauling (through subcontractors), reselling and
leasing of aircraft parts, aircraft engines and engine parts. Headquartered in
Miramar, FL, Kellstrom specializes in providing: engines and engine parts for
large turbo fan engines manufactured by CFM International, General Electric,
Pratt & Whitney and Rolls Royce; aircraft parts and turbojet engines and engine
parts for large transport aircraft and helicopters; and aircraft components
including flight data recorders, electrical and mechanical equipment and radar
and navigation equipment.


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Kellstrom Industries, Inc.                                                Page 2
July 16, 2001


Kellstrom has filed a Registration Statement on Form S-4 with the SEC
registering the new notes, the related guarantees and the underlying shares to
be offered in the exchange offer as well as a Schedule TO. The Registration
Statement and the Preliminary Prospectus and Exchange Offer, as supplemented,
contained in the Registration Statement contain important information about
Kellstrom, the exchange offer and related matters. Noteholders are urged to read
the Registration Statement and the Preliminary Prospectus and Exchange Offer, as
supplemented, Kellstrom's Schedule TO and any other relevant documents Kellstrom
filed with the SEC.

The Registration Statement has not yet become effective. The new notes may not
be sold and, although holders of the old notes may tender their old notes,
tenders may not be accepted prior to the time the Registration Statement becomes
effective. This press release shall not constitute an offer to sell or an offer
to buy nor shall there be any sale of the new notes in any state in which such
offer, solicitation or sale would be unlawful.

Noteholders are able to obtain copies of the Registration Statement on Form S-4
and the Preliminary Prospectus and Exchange Offer, as supplemented, Kellstrom's
Schedule TO and any other relevant documents for free through the website
maintained by the SEC at http://www.sec.gov. In addition, these documents are
available free of charge by contacting the information agent for the offer, D.F.
King & Co., at (800) 928 0153. If you have any questions about the exchange
offer, please call the dealer manager for the offer, Banc of America Securities
LLC, at (888) 292 0070.

CONTACT: Banc of America Securities LLC
         Sam McNeil/Andrew Karp, 704/386-1758