20 June 2011

Leavens Aviation Closing



Leavens Aviation, in business since 1927 as an air carrier, aircraft manufacturer and more recently as a parts supplier and engine overhauler will be closing on 31 August 2011. In a recent e-mail to customers the management explains the move:

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June 15, 2011

Dear Valued Customer:

As you're probably now aware, Leavens Aviation Inc. has decided to wind-up its operations. After 84 year in the aviation business this is, of course, a very difficult decision but one which we, as a family, felt needed to be made.

Our initial plan had been to wind-up the Parts side of the business and, under different Leavens' ownership structure, keep the shop side of the business going. That, unfortunately, couldn'tbe accomplished.

However, our Propeller, Accessory, Hose and Cable shops appear to have found a new life. two of our long-serving employees (George in Propellers and Harry in accessories) have acquired the shop tooling and equipment and are looking to make a new start in partnership with Quantum Aviation. I hope that you'll hear news from them in the very near future.

Also, we've been able to sell our Engine shop tooling and equipment to the Brampton Flight Centre and I hope thatyou'll hear news from them in the near future as well. Between now and then, however, we still have a few engines on the shelf, deeply discounted and ready to ship. Please review the attached Engine Sheet and let me know if you have any interest.

As to our timeline, we've conditionally sold the Mississauga building and are working to be moved out by August 31, 2011. (We'll still be available after that point, cleaning up our books and records and winding-up the financial side of things.) We're busily selling-off all of our parts inventory and appreciate all of the support that you all have shown during recent weeks. We still have quite a bit of inventory, and some real bargains, remaining.

Thank you all for your business and support over the years and for your many kind words during the past few months. If anyone requires advice on whereto turn for alternate supply sources, please don't hesitate to ask us.

Sincerely yours,

Jeff, Lea Anne, Heather & Bruce Leavens
Leavens Aviation Inc.
(905) 678-1234 ext 211
1-800-263-6142

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The company website does not currently reflect this information, but a call today to the company confirms that it is accurate and that the website will be updated soon.

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