In this paper, a simple method for time-scale modifications of speech based on a recently suggested model for AM-FM decomposition of speech signals, is presented. This model is referred to as the adaptive Harmonic Model (aHM). A full-band speech analysis/synthesis system based on the aHM representation is built, without the necessity of separating a deterministic and/or a stochastic component from the speech signal. The aHM models speech as a sum of harmonically related sinusoids that can adapt to the local characteristics of the signal and provide accurate instantaneous amplitude, frequency, and phase trajectories. Because of the high quality representation and reconstruction of speech, aHM can provide high quality time-scale modifications. Informal listenings show that the synthetic time-scaled waveforms are natural and free of some common artifacts encountered in other state-of-the-art models, such as "metallic quality", chorusing, or musical noise.