Aviation Sales Reports Loss For 1999, Seeks New Credit Agreement
Aviation Sales' revenues for fiscal 1999 rose to $671.5 million from $500.8 million in 1998, but it reported a net loss of $21.7 million. It had net profits of $25.5 million in 1998. It also reported that it is not in compliance with certain of the financial covenants in its credit agreements with...
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