Aviation Distributors Inc.:
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The Lake Forest aircraft parts redistributor and inventory management service provider recorded net income for the third quarter of $47,712, or 2 cents a share, which included a gain of $171,538 on the restructuring of payables. A net loss of $879,191, or 28 cents a share, was reported for the corresponding period last year. Revenue was down 29% to $5.4 million.
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