AVR MDA Q3 Aug 31 2008-Audit Committee revised changes accepted

AVION RESOURCES CORP. (A Development Stage Company) Management’s Discussion & Analysis for the three and nine months ended August 31, 2008 MANAGEMENT’S DISCUSSION AND ANALYSIS For the Three and Nine Months Ended August 31, 2008 General This management’s discussion and analysis (“MD&A”) has been prepared based on information available to Avion Resources Corp. (“we”, “our”, “us”, “Avion”, or the “Company”) as of October 20, 2008. The MD&A provides a detailed analysis of the Company’s business and compares its financial results with those of the previous year and should be read in conjunction with our unaudited interim financial statements and related notes as at and for the nine months ended August 31, 2008 and the audited annual financial statements and notes, and MD&A for the year ended November 30, 2007. The financial statements and related notes of Avion have been prepared in accordance with Canadian generally accepted accounting principles (“GAAP”). Additional information and press releases have been filed electronically through the System for Electronic Document Analysis and Retrieval (“SEDAR”) and are available online under our profile at www.sedar.com. Unless otherwise noted, this MD&A reports our activities through October 20, 2008. All figures are in Canadian dollars unless otherwise indicated. References to the first, second and third quarters of 2008 and the first, ...