Note 7 - Segment Information

6 Months Ended

Sep. 30, 2013

Segment Reporting [Abstract]

Segment Reporting Disclosure [Text Block]

7. Segment Information

The Company operates in three business segments. The overnight air cargo segment, comprised of the Company’s 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 the Company’s Global Ground Support, LLC (“GGS”) subsidiary, manufactures and provides mobile deicers and other specialized equipment products to passenger and cargo airlines, airports, the U.S. military and industrial customers. The ground support services segment, comprised of the Company’s 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:

	Three Months Ended September 30,						Six Months Ended September 30,
	2013			2012			2013			2012
Operating Revenues:
Overnight Air Cargo	$	12,121,175		$	12,051,201		$	24,529,364		$	22,784,927
Ground Equipment Sales:
Domestic		7,373,315			4,386,908			12,374,186			13,551,325
International		534,018			1,698,708			769,710			3,277,852
Total Ground Equipment Sales		7,907,333			6,085,616			13,143,896			16,829,177
Ground Support Services		4,161,584			3,025,243			7,796,886			6,036,121
Total	$	24,190,092		$	21,162,060		$	45,470,146		$	45,650,225
Operating Income (Loss):
Overnight Air Cargo	$	564,969		$	863,893		$	1,237,216		$	1,618,734
Ground Equipment Sales		452,702			(163,765	)		458,913			140,743
Ground Support Services		307,448			52,028			557,615			222,290
Corporate		(572,627	)		(401,222	)		(1,280,794	)		(977,163	)
Total	$	752,492		$	350,934		$	972,950		$	1,004,604
Capital Expenditures:
Overnight Air Cargo	$	12,236		$	16,593		$	12,236		$	49,495
Ground Equipment Sales		2,025			53,281			18,104			111,651
Ground Support Services		26,416			16,038			101,820			16,038
Corporate		6,183			4,200			12,115			43,422
Total	$	46,860		$	90,112		$	144,275		$	220,606
Depreciation and Amortization:
Overnight Air Cargo	$	42,444		$	38,444		$	84,832		$	75,890
Ground Equipment Sales		91,594			33,696			147,534			70,929
Ground Support Services		33,856			33,465			66,294			66,917
Corporate		13,459			12,961			26,994			29,511
Total	$	181,353		$	118,566		$	325,654		$	243,247