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FLEET AEROSPACE, INC. REPORTS RESULTS

 TORONTO, Dec. 3 /PRNewswire/ -- Fleet Aerospace, Inc. (NASDAQ: FLAI) today announced results for its quarter and year ended Sept. 30, 1993.
 FLEET AEROSPACE, INC.
 Quarter ended Sept. 30 1993 1992
 Sales $ 14,717,000 $ 10,730,000
 Income (loss) before
 extra-ordinary item $ 169,000 $ (335,000)
 Per share $ 0.02 $ ( 0.07)
 Net Income (loss) $ 340,000 $ (497,000)
 Per Share $ 0.02 $ ( 0.12)
 Year ended Sept. 30 1993 1992
 Sales $ 54,710,000 $ 43,167,000
 Income (loss) before
 extra-ordinary item $ 149,000 $ (158,000)
 Per share $ ( 0.01) $ ( 0.06)
 Net Income $ 432,000 $ (120,000)
 Per Share $ 0.04 $ ( 0.06)
 -0- 12/3/93
 /CONTACT: Bruce Gowan, VP and CFO, or L. Dale Foster, secretary and treasurer of Fleet Aerospace, Inc., 416-365-0565/
 (FLAI)


CO: Fleet Aerospace, Inc. ST: Ontario IN: ARO SU: ERN

CK -- NY078 -- 0411 12/03/93 17:23 EST
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Publication:PR Newswire
Date:Dec 3, 1993
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