NOTICE OF GUARANTEED DELIVERY FOR EXCHANGE OF 8-1/8% SENIOR SUBORDINATED NOTES DUE 2008 OF AVIATION SALES COMPANY As set forth under "The Exchange Offer and Consent Solicitation -- Procedures for exchanging old notes and delivering consents," of the prospectus and consent solicitation dated _________, 2001, (as it may be amended or supplemented from time to time, the "prospectus"), this form or one substantially equivalent hereto must be used to accept the exchange offer (as defined below) if certificates for 8-1/8% senior subordinated notes due 2008, (the "Old Notes") are not immediately available, or if the procedure for book- entry transfer cannot be completed on a timely basis or time will not permit all required documents to reach the exchange agent (as defined below) at the address set forth below prior to the expiration date (as defined in the prospectus). This form may be delivered by hand to the exchange agent or transmitted by telegram, facsimile transmission or mail to the exchange agent and must include a guarantee by an eligible institution (as defined in the and prospectus and consent solicitation). See "procedures for exchanging old notes and delivering consents," in the Prospectus. The exchange agent for the exchange offer: ____________________ By Registered or Certified Mail: By Hand or Overnight Delivery: ______________________________________ ____________________________________ ______________________________________ ____________________________________ ______________________________________ ____________________________________ ______________________________________ ____________________________________ Attention: ___________________________ Attention: _________________________ By Facsimile Transmission: (for Eligible Institutions Only) ------------------------ To Confirm By Telephone or For Information Call: __________________________ (toll-free) or ________________________ (collect) DELIVERY OF THIS INSTRUMENT TO AN ADDRESS, OR TRANSMISSION OF INSTRUCTIONS VIA A FACSIMILE NUMBER, OTHER THAN AS SET FORTH ABOVE DOES NOT CONSTITUTE A VALID DELIVERY. This form is not to be used to guarantee signatures. If a signature on a consent and letter of transmittal is required to be guaranteed by an eligible institution under the instructions thereto, such signature guarantee must appear in the applicable space provided in the signature box on the consent and letter of transmittal. 2 Ladies and Gentlemen: The undersigned hereby tenders to Aviation Sales Company, a Delaware corporation (the "company"), upon the terms and subject to the conditions set forth in the prospectus, and the related consent and letter of transmittal (together with the prospectus, the "exchange offer"), receipt of which is hereby acknowledged, the aggregate principal amount of old notes set forth below, all pursuant to the guaranteed delivery procedures set forth under, "Procedures for tendering notes and delivering consents," of the prospectus. All capitalized terms used herein but not defined shall have the meanings ascribed to them in the prospectus. Aggregate Principal Amount of Old Notes Tendered for Exchange (must be integral multiples of $1,000): _____________________________________________________________ Certificate Nos. (if available): _____________________________________________________________ _____________________________________________________________ (Check box if Notes will be tendered by book-entry transfer) [ ] The Depository Trust Company Account Number: _____________________________________________________________ Dated: _____________________________________________________________ Name(s) of Record Holder(s): _____________________________________________________________ _____________________________________________________________ Please Print Address(es): _____________________________________________________________ _____________________________________________________________ Zip Code Area Code and Tel. No.: _____________________________________________________________ _____________________________________________________________ Signature(s) Dated:_______________________________________________________ 3 GUARANTEE (NOT TO BE USED FOR SIGNATURE GUARANTEE) The undersigned, a participant in the Security Transfer Agent's Medallion Program, the New York Stock Exchange Medallion Signature Guarantee Program or the Stock Exchange Medallion Program, hereby guarantees to deliver to the exchange agent either the certificates representing the old notes tendered hereby, in proper form for transfer, or a book-entry confirmation with respect to such old notes, in any such case together with a properly completed and duly executed consent and letter of transmittal (or facsimile thereof), with any required signature guarantees, or an agent's message, and any other required documents within two business days (as defined in the prospectus) after the date hereof. The eligible institution that completes this form must communicate the guarantee to the exchange agent and must deliver the consent and letter of transmittal and certificates for old notes to the exchange agent within the time period shown herein. Failure to do so could result in a financial loss to such eligible institution. All capitalized terms used herein have the meanings set forth in the prospectus. Name of Firm: ------------------------------------ Address: ------------------------------------ ------------------------------------ Zip Code Area Code and Tel. No.: -------------------------- ------------------------------------------------- Authorized Signature ------------------------------------------------- Please Print ------------------------------------------------- Title: NOTE: DO NOT SEND CERTIFICATES FOR OLD NOTES WITH THIS NOTICE. CERTIFICATES FOR OLD NOTES SHOULD BE SENT WITH YOUR CONSENT AND LETTER OF TRANSMITTAL. Dated: _____________________