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                                             Filed by Kellstrom Industries, Inc.
                           Pursuant to Rule 425 under the Securities Act of 1933
                                                      Registration No: 333-56750


                              FOR IMMEDIATE RELEASE

     KELLSTROM INDUSTRIES, INC. ANNOUNCES AN EXTENSION OF ITS EXCHANGE OFFER

Miramar, FL, May 24, 2001 - Kellstrom Industries, Inc. (NASDAQ: KELL) (the
"Company" or "Kellstrom") today announced the extension of its pending exchange
offer for all $54 million of its outstanding series of 5-3/4% convertible
subordinated notes due October 15, 2002 (CUSIP Nos. 488035AC0 and U48787AA0) and
all $86.25 million of its outstanding series of 5-1/2% convertible subordinated
notes due June 15, 2003 (CUSIP No. 488035AE6) (the "old notes").

The expiration date for the exchange offer has been extended from 5:00 p.m., New
York City time, on May 25, 2001, to 5:00 p.m., New York City time, on June 25,
2001. The complete terms of the exchange offer remain unchanged and are
contained in the amended Preliminary Prospectus and Exchange Offer documents
dated April 30, 2001.

As of 4:00 p.m., New York City time, on May 24, 2001, the Company received
tenders from holders of $23.2 million in aggregate principal amount of the
5-3/4% convertible subordinated notes, representing 42.7% of the outstanding
5-3/4% notes and $10.7 million in aggregate principal amount of the 5-1/2%
convertible subordinated notes, representing 11.9% of the outstanding 5-1/2%
notes.

Banc of America Securities LLC is the exclusive dealer manager for the exchange
offer. D.F. King & Co., Inc. is the information agent and First Union National
Bank is the depositary. Copies of the preliminary Prospectus and Exchange Offer
documents can be obtained by calling D.F. King at (800) 928-0153. Additional
information concerning the terms and conditions of the offer may be obtained by
contacting Banc of America Securities LLC at (888) 292-0070.

Kellstrom is a leading aviation inventory management company. Its principal
business is the purchasing, overhauling (through subcontractors), reselling and
leasing of aircraft parts, aircraft engines and engine parts. Headquartered in
Miramar, FL, Kellstrom specializes in providing: engines and engine parts for
large turbo fan engines manufactured by CFM International, General Electric,
Pratt & Whitney and Rolls Royce; aircraft parts and turbojet engines and engine
parts for large transport aircraft and helicopters; and aircraft components
including flight data recorders, electrical and mechanical equipment and radar
and navigation equipment.

Kellstrom has filed a Registration Statement with the SEC on Form S-4
registering the new notes, the related guarantees and the underlying shares to
be offered in the exchange offer as well as a Schedule TO. The Registration
Statement and the preliminary Prospectus and Exchange Offer contained in the


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Registration Statement contain important information about Kellstrom, the
exchange offer and related matters. Noteholders are urged to read the
Registration Statement and the preliminary Prospectus and Exchange Offer,
Kellstrom's Schedule TO and any other relevant documents Kellstrom filed with
the SEC.

The Registration Statement has not yet become effective. The new notes may not
be sold and, although holders of the old notes may tender their old notes,
tenders may not be accepted prior to the time the Registration Statement becomes
effective. This press release shall not constitute an offer to sell or an offer
to buy nor shall there be any sale of the new notes in any state in which such
offer, solicitation or sale would be unlawful.

Noteholders are able to obtain copies of the Registration Statement on Form S-4
and the preliminary Prospectus and Exchange Offer document, Kellstrom's Schedule
TO and any other relevant documents for free through the Web site maintained by
the SEC at http://www.sec.gov. In addition, these documents are available free
of charge by contacting the Information Agent for the offer, D.F. King & Co., at
(800) 928-0153. If you have any questions about the exchange offer, please call
the Dealer Manager for the offer, Banc of America Securities LLC, at (888)
292-0070.

CONTACT:   Banc of America Securities LLC
           Sam McNeil/Andrew Karp at (704) 386-1758

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