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Friday, 03/21/2008 8:54:59 AM

Friday, March 21, 2008 8:54:59 AM

Post# of 143
One thing to really consider here...For the 9 month period ending 12/31/2007 of their fiscal year the revenue generated from ground equipment alone was $22,132,207 and they just received this in February...

Air T unit lands $14.7M contract
Friday February 8, 1:16 pm ET


The U.S. Air Force has awarded a $14.7 million contract to a subsidiary of Air T Inc. for deicing trucks.
The order, given to Global Ground Support, includes shipping costs and operating training for 44 trucks.


"This delivery order, along with our existing backlog, will serve us well in the coming months and provide a good foundation for our next fiscal year," says Walter Clark, chief executive at Air T.

The Maiden-based company (NASDAQ:AIRT - News) provides overnight air-freight service for the express-delivery industry. It also makes and services aircraft ground-support and special-purpose industrial equipment.

Air T is one of the largest, small-aircraft air cargo operators in the country.





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