Atlanta, GA 10/25/2008 1:02:44 AM
News / Business

Air T Inc (NASDAQ:AIRT) to Release Q3 2008 Earnings October 31

Air T, Inc (NASDAQ:AIRT) will release the third quarter earnings for 2008 on Friday, October 31.  The company will hold a conference call at 9:00 am ET that morning to discuss the financial results.  Speaking on the call will be Air T. President and Chief Executive Officer Walter Clark and Chief Financial Officer John Parry.  Intersted parties may participate by dialing 877-874-1571 or 719-325-4825 for callers outside of the United States.

 

Air T, Inc. operates in two 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), and aviation ground support and other specialized equipment products and services to passenger and cargo airlines, airports and the military, through its wholly owned subsidiary, Global Ground Support, LLC (GGS) and Global Aviation Services, LLC (GAS).

 

During the fiscal year ended March 31, 2008 (fiscal 2008), the Company’s air cargo services through MAC and CSA accounted for approximately 50% of the Company’s consolidated revenues and aviation ground support and other specialized equipment products and services through GGS and GAS accounted for approximately 50% of consolidated revenues. The Company’s air cargo services are provided exclusively to one customer, FedEx Corporation (FedEx).

 

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