Avcorp Earnings Table

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AVCORP INDUSTRIES INC.
STATEMENT OF EARNINGS
(in thousands of dollars)


                     Three Months Ended    Six Months Ended
                           March 31            March 31
                        1999      1998      1999      1998

Sales                $ 20,702  $ 15,627  $ 39,418  $ 30,945

Cost of sales
  and expenses        (21,112)  (14,802)  (39,615)  (29,476)

Write down of
  non-recurring
  inventory on the
  CRJ-700 program      (8,000)        -    (8,000)        -

Interest                 (550)      (53)     (947)      (68)
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Operating earnings     (8,960)      772    (9,144)    1,401

Non-recurring items      (650)        -      (650)        -
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Net earnings         $ (9,610) $    772  $ (9,794) $  1,401
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Net earnings per
  common share       $  (0.72) $   0.06  $  (0.73) $   0.10
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