| Business Summary | | Aero
Services
International,
Inc.,
doing
business
as
b-Fast
Corp.,
is
a
diversified
company
that
supplies
ground
support
services
for
general
aviation
aircraft
at
airports
located
in
Harrisburg,
Pennsylvania,
and
Morgantown,
West
Virginia,
with
its
facilities
more
commonly
referred
to
as
"Fixed
Base
Operations."
b-Fast
provides
on
demand
"line
services"
for
the
general
aviation
fleet
that
includes
the
fueling,
ground
handling
and
storage
of
aircraft
along
with
the
subleasing
of
hangar
and
office
space
to
tenants.
In
conjunction
with
its
general
aviation
activities,
The
Company
also
provides,
on
a
contractual
basis,
ground
support
services
for
commercial
airlines,
which
primarily
include
fueling
and
de-icing.
In
addition
to
providing
services
for
general
aviation
aircraft
and
commercial
airlines,
b-Fast
is
involved
in
the
motorsports
industry. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Aero
Services
International
and
its
subsidiaries
provide
airport
ground
support
services
to
corporate
and
other
general
aviation
aircraft
at
three
airports
located
in
the
U.S.
For
the
nine
months
ended
6/30/99,
net
sales
decreased
32%
to
$5.7
million.
Net
income
applicable
to
Common
totalled
$10.8
million
vs.
a
loss
of
$531
thousand.
Revenues
suffered
from
the
3/99
sale
of
the
Chicago
FBO.
Earnings
benefitted
from
a
$17.1
million
gain
on
the
sale
of
certain
FBO
operations. | More
from
Market Guide: Significant
Developments |
| Officers | | | FY1998 Pay | |
| R. Brant, 53 Chairman
of Directors, Pres and Chief Exec. Officer | $54K | Bobby Adkins, 52 Director
and COO | -- | James Affleck, Jr., 58 Director,
VP, Assistant Treasurer and Assistant Sec. | -- | Paul Slack, 58 CAO,
Controller, Treasurer and Sec. | -- | Dollar amounts are as of 30-Sep-1998 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|