EXHIBIT 22

The Fairchild Corporation
Subsidiaries as of September 30, 2004

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| | A10 Inc. [DE]
         Aero International, Inc. [Ohio]
             Aircraft Tire Corporation [DE]
         Allspeedex France Holding SARL [France]
         Aviation One Company Ltd.
         Banner Aerospace Holding Company I, Inc.[DE]
         Banner Aerospace Holding Company II, Inc.[DE]
         Banner Aerospace Services, Inc. [Ohio]
         Banner Aerospace, Inc. [DE]
         Banner Aerospace-Singapore, Inc. [DE]
         Banner Capital Ventures, Inc.[DE]
         Banner Energy Corporation of Kentucky, Inc. [DE]
         Banner Industrial Distribution, Inc.[DE]
         Banner Industrial Products, Inc.[DE]
         Banner Investments (U.K.) Limited [U.K.]
         Banner (Subco) Ltd. [U.K.]
         BAR DE, Inc. [DE]
         DAC International, Inc. [TX]
         Dallas Aerospace, Inc. [TX]
         Damen Holding B.V. [Netherlands]
         DEM Mairoll, LLC [DE]
         Discontinued Aircraft, Inc. [TX]
         Discontinued Services, Inc. [DE]
         Euro MLS, Inc. [DE]
         Fairchild Aerostructures Company  [DE]
         Fairchild Arms International Limited [Ontario]
         Fairchild Corporation of Canada, Ltd. (The) [Ontario]
         Fairchild Data Corporation [DE]
         Fairchild Fastener Group Ltd. [U.K.]
         Fairchild Fasteners Corp.[DE]
         Fairchild Finance Company [Ireland]
         Fairchild France, Inc.[DE]
         Fairchild Holding Corp. [DE]
         Fairchild Realty, LLC [DE]
         Fairchild Retiree Medical Services, Inc. [DE]
         Fairchild Sports GmbH [Germany]
         Fairchild Sports, Inc. [DE]
         Fairchild Switzerland, Inc. [DE]
         Fairchild Technologies IP, Inc. [DE]
         Fairchild Technologies Semiconductor Equipment Group GmbH [Germany]
         Fairchild Titanium Technologies, Inc.[DE]
         Fairchild Trading Corp. [DE]
         Faircraft Sales Ltd. [DE]
         GCCUS, Inc. [CA]
         Gobble Gobble, Inc. [DE]
         Jenkins Coal Dock Company, Inc.[DE]
         JJS Limited [U.K.]
         Hein Gericke Austria GmbH [Austria]
         Hein Gericke Belgium BVBA [Belgium]
         Hein Gericke Deutschland GmbH [Germany]
         Hein Gericke France SARL [France]
         Hein Gericke Nederland B.V. [Netherlands]
         Hein Gericke (UK) Limited
         Intersport Fashions West, Inc. [CA
         Mairoll, Inc.  [DE]
         Marcliff Corporation [DE]
         Marson Creative Fastener, Inc. [DE]
         Matrix Aviation, Inc. [KS
         Meow, Inc. [DE]
         Nasam Incorporated [CA]
         PB Herndon Aerospace, Inc. [Missouri]
         Plymouth Leasing Company [DE]
         Polo GmbH  [Germany](full  legal  name is POLO  EXPRESSVERSAND  Gesellschaft  fur  Motorradbekleidung  und
Sportswear mbH)
         Polo KB [Germany](full  legal  name is POLO  EXPRESSVERSAND  Gesellschaft  fur  Motorradbekleidung  und
Sportswear mbH & Co. KG)


Professional Aircraft Accessories, Inc. [FL]
         Professional Aviation Associates, Inc. [GA]
         Recoil Australia Holdings, Inc. [DE]
         Recoil Holdings, Inc. [DE]
         Recoil Inc. [DE]
         Recycling Investments II, Inc. [DE]
         Recycling Investments III, Inc. [DE]
         Republic Thunderbolt, LLC [DE]
         RHI Holdings, Inc.[DE]
         Rooster, Inc. (The) [DE]
         Sheepdog, Inc. [DE]
         Sovereign Air Limited [DE]
         Suchomimous Terensis, Inc. [DE]
         Swimming Upstream LLC [DE]
         Warthog, Inc. [DE]
         WIS LP, Ltd. [Bermuda]