What is Par Avion?
Headquartered in Scottsdale, Arizona, Par Avion specializes in providing worldwide aviation components for both commercial and military aircraft. With over three decades of experience, the company offers surplus rotable, consumable, and expendable spares for Airbus and Boeing families. Par Avion is accredited by the Aviation Suppliers Associations ASA-100 Quality System and the Women's Business Enterprise National Council (WBENC), serving Airline, MRO, and OEM customers with cost-reducing sourcing solutions.
How much funding has Par Avion raised?
Par Avion has raised a total of $1.1M across 3 funding rounds:
Debt
$92K
Debt
$650K
Debt
$350K
Debt (2021): $92K with participation from PPP
Debt (2024): $650K led by Enterprise Bank & Trust
Debt (2024): $350K supported by Enterprise Bank & Trust
Key Investors in Par Avion
Enterprise Bank & Trust
Enterprise Bank & Trust is a financial institution likely providing debt financing and banking services to support the operational needs and growth initiatives of companies like Par Avion.
PPP
Public-Private Partnership
Enterprise Bank & Trust
Enterprise Bank & Trust, a repeat financier, has provided additional debt capital, reinforcing their commitment to Par Avion's financial stability and expansion.
What's next for Par Avion?
The recent major enterprise-level funding, particularly the strategic investment from Enterprise Bank & Trust, positions Par Avion for enhanced operational scaling and market expansion. This capital will likely fuel advancements in their supply chain capabilities and potentially broaden their service offerings to a wider range of aerospace clients. The company's focus on quality and cost reduction, coupled with its extensive experience, suggests a strategic direction aimed at solidifying its leadership in the aftermarket aerospace components market.
See full Par Avion company page
