Air T (AIRT) Reports FY09 Earnings
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Air T, Inc. (Nasdaq: AIRT) reports FY09 EPS of $1.81 compared to 2008 EPS of $1.40.
Consolidated revenue for fiscal 2009 was $90,668,000 compared to $78,399,000 for fiscal 2008. This 16% increase resulted from a $3,654,000 (10%) increase in ground equipment sales revenue, a $3,729,000 (9%) increase in air cargo revenue, and a $4,886,000 increase in ground support services revenue. [SM]
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