Exhibit 5 Weil, Gotshal & Manges llp DALLAS 767 FIFTH AVENUE o NEW YORK, NY 10153-0119 HOUSTON (212) 310-8000 MENLO PARK FAX: (212) 310-8007 (SILICON VALLEY) MIAMI WASHINGTON, D.C. BRUSSELS September 18, 2001 BUDAPEST LONDON PRAGUE WARSAW First Aviation Services Inc 15 Riverside Avenue Westport, Connecticut 06880 Ladies and Gentlemen: We have acted as counsel to First Aviation Services Inc. (the "Corporation"), in connection with the preparation of the Registration Statement on Form S-8 (the "Registration Statement'), filed by the Corporation with the Securities and Exchange Commission on the date hereof with respect to 200,000 additional shares of common stock, par value $0.01 per share, of the Corporation (the "Common Stock"), being registered in connection with the First Aviation Services Inc. Stock Incentive Plan, as amended (the "Plan"). In so acting, we have examined originals or copies, certified or otherwise identified to our satisfaction, of the Registration Statement, the Plan and such corporate records, agreements, documents and other instruments and such certificates or comparable documents of public officials and of officers and representatives of the Corporation, and have made such inquiries of such officers and representatives, as we have deemed relevant and necessary as a basis for the opinion hereinafter set forth. In such examination, we have assumed the genuineness of all signatures, the legal capacity of natural persons, the authenticity of all documents submitted to us as originals, the conformity to original documents of all documents submitted to us as certified, conformed or photostatic copies and the authenticity of the originals of such latter documents. As to all questions of fact material to this opinion that have not been independently established, we have relied upon certificates or comparable documents of officers and representatives of the Corporation. Based upon the foregoing, and subject to the qualifications stated herein, we are of the opinion that the 200,000 shares of Common Stock being registered pursuant to the Registration Statement have been duly authorized and, if and when issued and delivered upon receipt by the Corporation of the required consideration in accordance with the Plan, will be validly issued, fully paid and non-assessable. Weil, Gotshal & Manges LLP First Aviation Services Inc September 18, 2001 Page 2 We hereby consent to the filing of a copy of this opinion with the Securities and Exchange Commission as an exhibit to the Registration Statement. The opinions expressed herein are limited to the laws of the State of New York, the corporate laws of the State of Delaware and the federal laws of the United States, and we express no opinion as to the effect on the matters covered by this letter of the laws of any other jurisdiction. Very truly yours, /s/ Weil Gotshal & Manges LLP