| Business Summary | | Air
T,
Inc.
operates
in
three
industry
segments:
providing
overnight
air
cargo
services
to
the
air
express
delivery
industry
through
its
wholly
owned
subsidiaries,
Mountain
Air
Cargo,
Inc.
(MAC)
and
CSA
Air,
Inc.
(CSA),
aviation-related
parts
brokerage
and
overhaul
services
through
its
wholly
owned
subsidiary,
Mountain
Aircraft
Services,
LLC
(MAS)
and
aviation
ground
support
equipment
products
through
its
wholly
owned
subsidiary,
Global
Ground
Support,
LLC
(Global).
For
the
fiscal
year
ended
March
31,
2001,
the
Company's
air
cargo
services
through
MAC
and
CSA
accounted
for
approximately
43.1%
of
its
consolidated
revenues,
aircraft
deice
and
other
ground
support
equipment
products
through
Global
accounted
for
44.7%
of
consolidated
revenues
and
aviation-related
parts
brokerage
and
overhaul
services
through
MAS
accounted
for
12.2%
of
consolidated
revenues.
The
Company's
air
cargo
services
are
provided
exclusively
to
one
customer,
Federal
Express
Corporation. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | AIRT
is
an
air
cargo
carrier
specializing
in
the
overnight
delivery
of
small
package
air
freight.
AIRT
also
provides
aircraft
parts,
engine
overhaul
management,
repair
services
and
aircraft
deice
equipment.
For
the
three
months
ended
6/30/01,
revenues
rose
22%
to
$17.6
million.
Net
income
totalled
$343
thousand,
up
from
$165
thousand.
Revenues
reflect
increased
military
and
commercial
contract
sales.
Earnings
also
reflect
lower
maintenance
and
brokerage
expenses. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Walter Clark, 43 Chairman
and CEO | $145K | J. Hugh Bingham, 54 Pres,
COO | 218K | William Simpson, 52 Exec.
VP | 219K | John Gioffre, 56 VP
of Fin., CFO, Sec., Treasurer | 138K | J. Leonard Martin, 63 VP | 134K | Dollar
amounts are as of 31-Mar-2000 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
|
|