Hawker Pacific Reports Loss for the 3rd Quarter

Hawker Pacific Aerospace in Sun Valley reported a net loss of $11 million for the third quarter ended Sept. 30, contrasted with net income of $518,000 for the same period last year. Revenue for the quarter dropped to $18.5 million from $23.5 million.

The company said it incurred several nonrecurring charges during the quarter.

Hawker Pacific Aerospace provides landing gear maintenance services to major airlines, cargo operators and government agencies.