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Wesco Aircraft Holdings Inc. (NYSE: WAIR), Valencia, CA, reported sales for the 2016 fiscal year of $1.5 billion, a decrease of 1.4 percent compared to the same period a year ago. Profit was $91.4 million, compared to a loss of $154.7 million the prior year.
For the fourth quarter, sales were $365.6 million, a decrease of 1.1 percent year-over-year. Profit was $23.3 million, compared to a loss of $214 million the prior year.