<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM FINANCIAL STATEMENTS OF HAWKER PACIFIC AEROSPACE FOR THE YEAR ENDED DECEMBER 31, 1998 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <PERIOD-TYPE> YEAR <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-START> JAN-01-1998 <PERIOD-END> DEC-31-1998 <CASH> 560,000 <SECURITIES> 0 <RECEIVABLES> 12,604,000 <ALLOWANCES> 301,000 <INVENTORY> 21,645,000 <CURRENT-ASSETS> 35,239,000 <PP&E> 51,475,000 <DEPRECIATION> 4,301,000 <TOTAL-ASSETS> 87,237,000 <CURRENT-LIABILITIES> 64,334,000 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 21,108,000 <OTHER-SE> (941,000) <TOTAL-LIABILITY-AND-EQUITY> 87,237,000 <SALES> 65,151,000 <TOTAL-REVENUES> 65,151,000 <CGS> 55,059,000 <TOTAL-COSTS> 55,059,000 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 301,000 <INTEREST-EXPENSE> 0 <INCOME-PRETAX> (3,000,000) <INCOME-TAX> (1,402,000) <INCOME-CONTINUING> (1,598,000) <DISCONTINUED> 0 <EXTRAORDINARY> (600,000) <CHANGES> 0 <NET-INCOME> (2,198,000) <EPS-PRIMARY> (.39) <EPS-DILUTED> (.39)