<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM FINANCIAL STATEMENTS OF HAWKER PACIFIC AEROSPACE FOR THE QUARTER ENDED MARCH 31, 1998 </LEGEND> <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-START> JAN-01-1998 <PERIOD-END> MAR-31-1998 <CASH> 552,000 <SECURITIES> 0 <RECEIVABLES> 11,136,000 <ALLOWANCES> 165,000 <INVENTORY> 18,183,000 <CURRENT-ASSETS> 30,475,000 <PP&E> 36,910,000 <DEPRECIATION> 1,676,000 <TOTAL-ASSETS> 66,638,000 <CURRENT-LIABILITIES> 14,774,000 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 21,108,000 <OTHER-SE> 0 <TOTAL-LIABILITY-AND-EQUITY> 66,638,000 <SALES> 13,667,000 <TOTAL-REVENUES> 13,667,000 <CGS> 10,470,000 <TOTAL-COSTS> 10,470,000 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 18,000 <INTEREST-EXPENSE> 648,000 <INCOME-PRETAX> 687,000 <INCOME-TAX> 259,000 <INCOME-CONTINUING> 428,000 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 428,000 <EPS-PRIMARY> .09 <EPS-DILUTED> .08