Note 15 - Segment Information

3 Months Ended

Mar. 31, 2012

Segment Reporting Disclosure [Text Block]

15.  SEGMENT INFORMATION

The Company operates in three business segments.  The overnight air cargo segment, comprised of its Mountain Air Cargo, Inc. (“MAC”) and CSA Air, Inc. (“CSA”) subsidiaries, operates in the air express delivery services industry.  The ground equipment sales segment, comprised of its Global Ground Support, LLC (“GGS”) subsidiary, manufactures and provides mobile deicers and other specialized equipment products to passenger and cargo airlines, airports, the military and industrial customers.  The ground support services segment, comprised of its Global Aviation Services, LLC (“GAS”) subsidiary, provides ground support equipment maintenance and facilities maintenance services to domestic airlines and aviation service providers.  Each business segment has separate management teams and infrastructures that offer different products and services.  The Company evaluates the performance of its operating segments based on operating income.  Segment data is summarized as follows:

	Year Ended March 31,
	2012			2011
Operating Revenues:
Overnight Air Cargo	$	48,344,211		$	42,335,364
Ground Equipment Sales:
Domestic		23,363,587			21,906,926
International		8,726,213			10,902,001
Total Ground Equipment Sales		32,089,800			32,808,927
Ground Support Services		8,948,120			8,217,641
Total	$	89,382,131		$	83,361,932
Operating Income (Loss):
Overnight Air Cargo	$	3,620,962		$	3,114,705
Ground Equipment Sales		(625,225	)		1,557,085
Ground Support Services		700,082			680,304
Corporate		(1,622,279	)		(1,913,643	)
Total	$	2,073,540		$	3,438,451
Capital Expenditures:
Overnight Air Cargo	$	636,539		$	31,804
Ground Equipment Sales		63,260			95,553
Ground Support Services		284,337			114,266
Corporate		17,650			13,894
Total	$	1,001,786		$	255,517
Depreciation and Amortization:
Overnight Air Cargo	$	83,453		$	196,957
Ground Equipment Sales		46,466			25,655
Ground Support Services		107,326			96,362
Corporate		41,112			46,938
Total	$	278,357		$	365,912