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Article Excerpt
M2 PRESSWIRE-31 January 2005-bellwetherreport.com: Bellwether Identifies AIRT(C)1994-2005 M2 COMMUNICATIONS LTD
RDATE:01312005
Air T Inc.(NASDAQ:AIRT), through its subsidiaries, Mountain Air Cargo Inc. (MAC) and CSA Air Inc. (CSA), operates as contract carriers for overnight delivery of small package air freight throughout the eastern half of the United States and Canada, and in Puerto Rico and the U.S. Virgin Islands. The company also offers aviation ground support and other specialized industrial equipment products through its wholly owned subsidiary, Global Ground Support, LLC ("Global").
In recent news, (January 28, 2005) Air T announced its unaudited third quarter results. The company did very well and reported unaudited consolidated net earnings of $485,000 or $0.18 per share for fiscal 2005`s third quarter ended December 31, 2004, compared to net earnings of $230,000 or $0.08 per share for the third quarter of fiscal 2004. Consolidated revenues...
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