The Fairchild Corporation
                       Subsidiaries as of June 30, 2000



- - -----------------------------------------------------------------------------------------------------------------------
Entity Name                                                           Incorporated in:        Description
- - -----------------------------------------------------------------------------------------------------------------------
                                                                                        
A10 Inc.                                                              DE                      Subsidiary
- - -----------------------------------------------------------------------------------------------------------------------
Aero International, Inc.                                              OH                      Subsidiary
- - -----------------------------------------------------------------------------------------------------------------------
Aircraft Tire Corporation                                             DE                      Subsidiary
- - -----------------------------------------------------------------------------------------------------------------------
Aviation Full Services (Hong Kong) Limited                            Hong Kong               Subsidiary
- - -----------------------------------------------------------------------------------------------------------------------
Aviation One Company Ltd.                                             Cayman Islands          Equity Affiliate {50%}
- - -----------------------------------------------------------------------------------------------------------------------
Avilas, Inc.                                                          DE                      Subsidiary
- - -----------------------------------------------------------------------------------------------------------------------
Babar, Inc.                                                           DE                      Subsidiary
- - -----------------------------------------------------------------------------------------------------------------------
Banner Aero (Australia) Pty, Ltd.                                     Australia               Subsidiary
- - -----------------------------------------------------------------------------------------------------------------------
Banner Aerospace--Aircraft Services, Inc.                             DE                      Subsidiary
- - -----------------------------------------------------------------------------------------------------------------------
Banner Aerospace Holding Company I, Inc.                              DE                      Subsidiary
- - -----------------------------------------------------------------------------------------------------------------------
Banner Aerospace Holding Company II, Inc.                             DE                      Subsidiary
- - -----------------------------------------------------------------------------------------------------------------------
Banner Aerospace, Inc.                                                DE                      Subsidiary
- - -----------------------------------------------------------------------------------------------------------------------
Banner Aerospace Services, Inc.                                       OH                      Subsidiary
- - -----------------------------------------------------------------------------------------------------------------------
Banner Aerospace-Singapore, Inc.                                      DE                      Subsidiary
- - -----------------------------------------------------------------------------------------------------------------------
Banner Capital Ventures, Inc.                                         DE                      Subsidiary
- - -----------------------------------------------------------------------------------------------------------------------
Banner Energy Corporation of Kentucky, Inc.                           DE                      Subsidiary
- - -----------------------------------------------------------------------------------------------------------------------
Banner Industrial Distribution, Inc.                                  DE                      Subsidiary
- - -----------------------------------------------------------------------------------------------------------------------
Banner Industrial Products, Inc.                                      DE                      Subsidiary
- - -----------------------------------------------------------------------------------------------------------------------
Banner Investments (U.K.) Limited                                     UK                      Subsidiary
- - -----------------------------------------------------------------------------------------------------------------------
BAR DE, Inc.                                                          DE                      Subsidiary
- - -----------------------------------------------------------------------------------------------------------------------
Camloc Holdings Inc.                                                  DE                      Subsidiary
- - -----------------------------------------------------------------------------------------------------------------------
Convac France S.A.                                                    France                  Subsidiary
- - -----------------------------------------------------------------------------------------------------------------------
DAC International, Inc.                                               TX                      Subsidiary
- - -----------------------------------------------------------------------------------------------------------------------
Dallas Aerospace, Inc.                                                TX                      Subsidiary
- - -----------------------------------------------------------------------------------------------------------------------
Discontinued Aircraft, Inc.                                           TX                      Subsidiary
- - -----------------------------------------------------------------------------------------------------------------------
Discontinued Services, Inc.                                           DE                      Subsidiary
- - -----------------------------------------------------------------------------------------------------------------------
D-M-E Iberica S.A.                                                    Spain                   Equity Affiliate {46%}
- - -----------------------------------------------------------------------------------------------------------------------
Eagle Environmental II, L.P.                                          DE                      Partnership {49.9%}
- - -----------------------------------------------------------------------------------------------------------------------
Eagle Environmental, L.P.                                             DE                      Partnership {49.9%}
- - -----------------------------------------------------------------------------------------------------------------------
Eurosim Componentes Mecanicos de Seguranca, Lda.                      Portugal                Subsidiary
- - -----------------------------------------------------------------------------------------------------------------------
F. F. Handels GmbH                                                    Germany                 Subsidiary
- - -----------------------------------------------------------------------------------------------------------------------
Fairchild Arms International Limited                                  Canada (Ontario)        Subsidiary
- - -----------------------------------------------------------------------------------------------------------------------
Fairchild Corporation (The)                                           DE
- - -----------------------------------------------------------------------------------------------------------------------
Fairchild Data Corporation                                            DE                      Subsidiary
- - -----------------------------------------------------------------------------------------------------------------------
Fairchild Environmental Liability Management, Inc.                    DE                      Subsidiary
- - -----------------------------------------------------------------------------------------------------------------------
Fairchild Export Sales Corporation                                    Barbados                Subsidiary
- - -----------------------------------------------------------------------------------------------------------------------
Fairchild Fastener Group Ltd.                                         UK                      Subsidiary
- - -----------------------------------------------------------------------------------------------------------------------
Fairchild Fasteners (UK) Ltd.                                         UK                      Subsidiary
- - -----------------------------------------------------------------------------------------------------------------------
Fairchild Fasteners Co., Ltd.                                         Thailand                Subsidiary
- - -----------------------------------------------------------------------------------------------------------------------
Fairchild Fasteners Corp.                                             DE                      Subsidiary
- - -----------------------------------------------------------------------------------------------------------------------
Fairchild Fasteners Direct, Inc.                                      DE                      Subsidiary
- - -----------------------------------------------------------------------------------------------------------------------
Fairchild Fasteners Direct oHG (GmbH & Co.)                           Germany                 Partnership, General
- - -----------------------------------------------------------------------------------------------------------------------
Fairchild Fasteners Europe--Camloc GmbH                               Germany                 Subsidiary
- - -----------------------------------------------------------------------------------------------------------------------
Fairchild Fasteners Europe--Simmonds S.A.R.L.                         France                  Subsidiary
- - -----------------------------------------------------------------------------------------------------------------------
Fairchild Fasteners Europe--VSD GmbH                                  Germany                 Subsidiary
- - -----------------------------------------------------------------------------------------------------------------------
Fairchild Fasteners Femipari Kft.                                     Hungary                 Subsidiary
- - -----------------------------------------------------------------------------------------------------------------------
Fairchild Fasteners Germany GmbH                                      Germany                 Subsidiary
- - -----------------------------------------------------------------------------------------------------------------------
Fairchild Fasteners Melbourne Pty.                                    Australia               Subsidiary
- - -----------------------------------------------------------------------------------------------------------------------
Fairchild Fasteners Pte. Ltd.                                         Singapore               Subsidiary
- - -----------------------------------------------------------------------------------------------------------------------
Fairchild Finance Company                                             Ireland                 Subsidiary
- - -----------------------------------------------------------------------------------------------------------------------
Fairchild France, Inc.                                                DE                      Subsidiary
- - -----------------------------------------------------------------------------------------------------------------------
Fairchild Germany, Inc.                                               DE                      Subsidiary
- - -----------------------------------------------------------------------------------------------------------------------
Fairchild Holding Corp.                                               DE                      Subsidiary
- - -----------------------------------------------------------------------------------------------------------------------


                                       i




- - -----------------------------------------------------------------------------------------------------------------------
Entity Name                                                           Incorporated in:        Description
- - -----------------------------------------------------------------------------------------------------------------------
                                                                                        
Fairchild Retiree Medical Services, Inc.                              DE                      Subsidiary
- - -----------------------------------------------------------------------------------------------------------------------
Fairchild Technologies Europe Limited                                 UK                      Subsidiary
- - -----------------------------------------------------------------------------------------------------------------------
Fairchild Technologies IP, Inc.                                       DE                      Subsidiary
- - -----------------------------------------------------------------------------------------------------------------------
Fairchild Technologies Semiconductor Equipment Group GmbH             Germany                 Subsidiary
- - -----------------------------------------------------------------------------------------------------------------------
Fairchild Technologies USA, Inc.                                      DE                      Subsidiary
- - -----------------------------------------------------------------------------------------------------------------------
Fairchild Titanium Technologies, Inc.                                 DE                      Subsidiary
- - -----------------------------------------------------------------------------------------------------------------------
Faircraft Sales Ltd.                                                  DE                      Subsidiary
- - -----------------------------------------------------------------------------------------------------------------------
GCCUS, Inc. Georgetown Jet Center, Inc.                               DE                      Subsidiary
- - -----------------------------------------------------------------------------------------------------------------------
Gobble Gobble, Inc.                                                   DE                      Subsidiary
- - -----------------------------------------------------------------------------------------------------------------------
Hartz-Rex Associates                                                  NJ                      Partnership {49%}
- - -----------------------------------------------------------------------------------------------------------------------
Jenkins Coal Dock Company, Inc.                                       DE                      Subsidiary
- - -----------------------------------------------------------------------------------------------------------------------
JJS Limited                                                           UK                      Subsidiary
- - -----------------------------------------------------------------------------------------------------------------------
Kaynar Technologies Ltd.                                              UK                      Subsidiary
- - -----------------------------------------------------------------------------------------------------------------------
KenCoal Associates                                                    OH                      Partnership {80%}
- - -----------------------------------------------------------------------------------------------------------------------
KT International Sales Corporation                                    Barbados                Subsidiary
- - -----------------------------------------------------------------------------------------------------------------------
M&M Machine & Tool Co.                                                DE                      Subsidiary
- - -----------------------------------------------------------------------------------------------------------------------
Mairoll, Inc.                                                         DE                      Subsidiary
- - -----------------------------------------------------------------------------------------------------------------------
Marcliff Corporation                                                  DE                      Subsidiary
- - -----------------------------------------------------------------------------------------------------------------------
Marson Creative Fastener, Inc.                                        DE                      Subsidiary
- - -----------------------------------------------------------------------------------------------------------------------
Matrix Aviation, Inc.                                                 KS                      Subsidiary
- - -----------------------------------------------------------------------------------------------------------------------
Mecaero SNC                                                           France                  Partnership, General
- - -----------------------------------------------------------------------------------------------------------------------
MediaDisc SA                                                          France                  Equity Affiliate {41%}
- - -----------------------------------------------------------------------------------------------------------------------
Meow, Inc.                                                            DE                      Subsidiary
- - -----------------------------------------------------------------------------------------------------------------------
Nasam Incorporated                                                    CA                      Subsidiary
- - -----------------------------------------------------------------------------------------------------------------------
Normvest                                                              Russia                  Equity Affiliate {50%}
- - -----------------------------------------------------------------------------------------------------------------------
PB Herndon Aerospace, Inc.                                            MO                      Subsidiary
- - -----------------------------------------------------------------------------------------------------------------------
Plymouth Leasing Company                                              DE                      Subsidiary
- - -----------------------------------------------------------------------------------------------------------------------
Professional Aircraft Accessories, Inc.                               FL                      Subsidiary
- - -----------------------------------------------------------------------------------------------------------------------
Professional Aviation Associates, Inc.                                GA                      Subsidiary
- - -----------------------------------------------------------------------------------------------------------------------
Quack Quack, Inc.                                                     DE                      Subsidiary
- - -----------------------------------------------------------------------------------------------------------------------
Recoil (Europe) Ltd.                                                  UK                      Subsidiary
- - -----------------------------------------------------------------------------------------------------------------------
Recoil Australia Holdings, Inc.                                       DE                      Subsidiary
- - -----------------------------------------------------------------------------------------------------------------------
Recoil Holdings, Inc.                                                 DE                      Subsidiary
- - -----------------------------------------------------------------------------------------------------------------------
Recoil Inc.                                                           DE                      Subsidiary
- - -----------------------------------------------------------------------------------------------------------------------
Recoil Marketing BVBA                                                 Belgium                 Subsidiary
- - -----------------------------------------------------------------------------------------------------------------------
Recycling Investments II, Inc.                                        DE                      Subsidiary
- - -----------------------------------------------------------------------------------------------------------------------
Recycling Investments, Inc.                                           DE                      Subsidiary
- - -----------------------------------------------------------------------------------------------------------------------
RHI Holdings, Inc.                                                    DE                      Subsidiary
- - -----------------------------------------------------------------------------------------------------------------------
Rooster, Inc. (The)                                                   DE                      Subsidiary
- - -----------------------------------------------------------------------------------------------------------------------
SCI de La Praz                                                        France                  Subsidiary
- - -----------------------------------------------------------------------------------------------------------------------
Sheepdog, Inc.                                                        DE                      Subsidiary
- - -----------------------------------------------------------------------------------------------------------------------
Simmonds S.A.                                                         France                  Subsidiary
- - -----------------------------------------------------------------------------------------------------------------------
Snails, Inc.                                                          DE                      Subsidiary
- - -----------------------------------------------------------------------------------------------------------------------
SNEP SA                                                               France                  Subsidiary
- - -----------------------------------------------------------------------------------------------------------------------
Sovereign Air Limited                                                 DE                      Subsidiary
- - -----------------------------------------------------------------------------------------------------------------------
Suchomimous Terensis, Inc.                                            DE                      Subsidiary
- - -----------------------------------------------------------------------------------------------------------------------
Technico SA                                                           France                  Subsidiary
- - -----------------------------------------------------------------------------------------------------------------------
Teuza Management and Development (1991) Ltd.                          Israel                  Equity Affiliate {40%}
- - -----------------------------------------------------------------------------------------------------------------------
Transfix S.A.                                                         France                  Subsidiary
- - -----------------------------------------------------------------------------------------------------------------------
V&V Redondo Beach Limited Partnership                                 CA                      Partnership {49%}
- - -----------------------------------------------------------------------------------------------------------------------
VSI Holdings, Inc.                                                    DE                      Subsidiary
- - -----------------------------------------------------------------------------------------------------------------------
Warthog, Inc.                                                         DE                      Subsidiary
- - -----------------------------------------------------------------------------------------------------------------------
WIS LP, Ltd.                                                          Bermuda                 Subsidiary
- - -----------------------------------------------------------------------------------------------------------------------
WIS Partners, LP                                                      Bermuda                 Partnership
- - -----------------------------------------------------------------------------------------------------------------------


                                      ii