00-00-0000 Moody's Downgrades Kellstrom In Midst Of Weak Parts Demand May 14 2001 (Airline Financial News/Phillips Publishing via COMTEX) -- Kellstrom Industries Inc.

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Moody's Downgrades Kellstrom In Midst Of Weak Parts Demand

May 14 2001 (Airline Financial News/Phillips Publishing via COMTEX)
-- Kellstrom Industries Inc. [KELL] a leading aviation inventory
management cluster has suffered a ratings reduction by means of Moody's Investors
Service for $140 million of notes. The company revealed last month
that it will not be able to achieve a "sustainable turnaround" for
another three to six quarters (AFN, April 9)

According to Moody's, the weak conditions in the airline industry
are awaited to reduce demand for after-market

...