FIELDS AIRCRAFT SPARES INC
8-K, 1998-04-14
AIRCRAFT & PARTS
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                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549


                                    FORM 8-K


                                 CURRENT REPORT


                     Pursuant to Section 13 or 15(d) of the
                         Securities Exchange Act of 1934



                                 March 30, 1998
                                 --------------
                Date of Report (Date of earliest event reported)



                          FIELDS AIRCRAFT SPARES, INC.
                          ----------------------------
             (Exact name of Registrant as specified in its charter)




           Utah                        0-27100                  95-4218263
           ----                        -------                  ----------
     (State or other          (Commission File Number)         (IRS Employer
     jurisdiction of                                            Identification
      Incorporation)                                                 No.)

                               2251-A Ward Avenue
                              Simi Valley, CA 93005
                              ---------------------
                    (Address of principal executive offices)
                                   (Zip Code)



                                 (805) 583-0080
                                 --------------
              (Registrant's telephone number, including area code)


<PAGE>


Item 8.           Change in Fiscal Year

         On March  30,  1998, the Board of Directors of Fields  Aircraft Spares,
Inc. (the "Company") amended the Company's Bylaws to change the fiscal year end.
The fiscal year end will change from the calendar  year to a 52- or 53-week year
ending on Friday of the week  (commencing  on Monday and ending on Sunday) which
contains the last business day of December. The change will be effective for the
1998  fiscal  year  starting  with  the  period   beginning   January  1,  1998.
Accordingly,  the  Company  will file a quarterly  report for the first  13-week
period ending April 3, 1998.


                                   SIGNATURES

         Pursuant to the  requirements  of the Securities  Exchange Act of 1934,
the  Company  has duly  caused  this  report to be  signed on its  behalf by the
undersigned hereunto duly authorized.

                                             FIELDS AIRCRAFT SPARES, INC.



Date:  April 14, 1998.                       By   /s/ Alan M. Fields
                                                  -------------------------
                                                  Alan M. Fields, President





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