Aviation Distributors Inc.:

The Lake Forest aircraft parts redistributor and provider of inventory management servicescompany said it lost $291,173, or 9 cents a share, for the fourth quarter, compared with a net loss of $2.4 million, or 76 cents a share, for the year-earlier period. Sales rose 27% to $7 million. For the year, the company posted a net loss of $1.8 million, or 56 cents a share, compared with a net loss of $5.8 million, or $1.85 a share, for 1998. Sales fell 18% to $23.4 million.