EXHIBIT 31.1

CERTIFICATION
ACCOMPANYING PERIODIC REPORT 
PURSUANT TO SECTION 302 OF THE SARBANES-OXLEY
ACT OF 2002

The undersigned, Jeffrey J. Steiner, Chief
Executive Officer of The Fairchild Corporation (Company), hereby certifies
that:

| | 1. | I have reviewed this annual report on Form 10-K of the Company;
| | -- | ---------------------------------------------------------------

| | 2. | Based on my knowledge, this annual report does not contain any untrue statement
          of a material fact or omit to state a material fact necessary to make the
          statements made, in light of the circumstances under which such statements were
          made, not misleading with respect to the period covered by this annual report;
| | -- | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | 3. | Based on my knowledge, the financial statements, and other financial information
          included in this annual report, fairly present in all material respects the
          financial condition, results of operations and cash flows of the Company as of,
          and for, the periods presented in this annual report;
| | -- | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | 4. | The Companys other certifying officers and I are responsible for
          establishing and maintaining disclosure controls and procedures (as defined in
          Exchange Act Rules 13a-15 and 15d-15) for the Company and we have:
| | -- | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| |  | a) | Designed such disclosure controls and procedures, or caused such disclosure
               controls and procedures to be designed under our supervision, to ensure that
               material information relating to the Company, including its consolidated
               subsidiaries, is made known to us by others within those entities, particularly
               during the period in which this annual report is being prepared;
| |  | -- | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| |  | b) | Evaluated the effectiveness of the Companys disclosure controls and
               procedures and presented in this report our conclusions about the effectiveness
               of the disclosure controls and procedures, as of the end of the period covered
               by this report based on such evaluation; and
| |  | -- | -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| |  | c) | Disclosed in this report any change in the Companys internal controls over
               financial reporting that occurred during the Companys most recent fiscal
               quarter (the Companys fourth fiscal quarter in the case of an annual
               report) that has materially affected, or is reasonably likely to materially
               affect, the Companys internal control over financing reporting; and
| |  | -- | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | 5. | The Companys other certifying officers and I have disclosed, based on our
          most recent evaluation of internal control over financial reporting, to the
          Companys auditors and the audit committee of the Companys board of
          directors (or persons performing the equivalent functions):
| | -- | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| |  | a) | All significant deficiencies and material weaknesses in the design or operation
               of internal control over financial reporting which are reasonably likely to
               adversely affect the Companys ability to record, process, summarize and
               report financial data; and
| |  | -- | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| |  | b) | Any fraud, whether or not material, that involves management or other employees
               who have a significant role in the Companys internal controls over
               financial reporting.
| |  | -- | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

Date:    December 14, 2004

/s/ JEFFREY J. STEINER
      Jeffrey J. Steiner 
           Chairman
of the Board and Chief Executive Officer



EXHIBIT 31.2

CERTIFICATION
ACCOMPANYING PERIODIC REPORT PURSUANT TO SECTION 302 OF THE SARBANES-OXLEY
ACT OF 2002

The undersigned, John L. Flynn, Chief
Financial Officer of The Fairchild Corporation (Company), hereby certifies
that:

| | 1. | I have reviewed this annual report on Form 10-K of the Company;
| | -- | ---------------------------------------------------------------

| | 2. | Based on my knowledge, this annual report does not contain any untrue statement
          of a material fact or omit to state a material fact necessary to make the
          statements made, in light of the circumstances under which such statements were
          made, not misleading with respect to the period covered by this annual report;
| | -- | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | 3. | Based on my knowledge, the financial statements, and other financial information
          included in this annual report, fairly present in all material respects the
          financial condition, results of operations and cash flows of the Company as of,
          and for, the periods presented in this annual report;
| | -- | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | 4. | The Companys other certifying officers and I are responsible for
          establishing and maintaining disclosure controls and procedures (as defined in
          Exchange Act Rules 13a-15 and 15d-15) for the Company and we have:
| | -- | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| |  | a) | Designed such disclosure controls and procedures, or caused such disclosure
               controls and procedures to be designed under our supervision, to ensure that
               material information relating to the Company, including its consolidated
               subsidiaries, is made known to us by others within those entities, particularly
               during the period in which this annual report is being prepared;
| |  | -- | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| |  | b) | Evaluated the effectiveness of the Companys disclosure controls and
               procedures and presented in this report our conclusions about the effectiveness
               of the disclosure controls and procedures, as of the end of the period covered
               by this report based on such evaluation; and
| |  | -- | -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| |  | c) | Disclosed in this report any change in the Companys internal controls over
               financial reporting that occurred during the Companys most recent fiscal
               quarter (the Companys fourth fiscal quarter in the case of an annual
               report) that has materially affected, or is reasonably likely to materially
               affect, the Companys internal control over financing reporting; and
| |  | -- | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | 5. | The Companys other certifying officers and I have disclosed, based on our
          most recent evaluation of internal control over financial reporting, to the
          Companys auditors and the audit committee of the Companys board of
          directors (or persons performing the equivalent functions):
| | -- | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| |  | a) | All significant deficiencies and material weaknesses in the design or operation
               of internal control over financial reporting which are reasonably likely to
               adversely affect the Companys ability to record, process, summarize and
               report financial data; and
| |  | -- | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| |  | b) | Any fraud, whether or not material, that involves management or other employees
               who have a significant role in the Companys internal controls over
               financial reporting.
| |  | -- | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

Date:    December 14, 2004

/s/ JOHN L. FLYNN
      John L. Flynn
           Chief
Financial Officer and Senior Vice President, Tax