| All News |
| If you want to see all news from the last 100 days in order by date,
click here. |
|
| Search News |
| Enter any query and search the aviation news database |
|
|
 |
|
 |
|
International
Aviation News |
|
 |
|
 |
|
|
|
|
| |
Air T, Inc.Announces Receipt of $14.7 Mil. Order from the US Air Force
|
Air T, Inc. announced that its wholly owned subsidiary Global Ground Support, LLC has received an order for 44 mobile deicing trucks to be supplied to the United States Air Force for a total of approximately $14.7 million. The order is pursuant to Globalīs existing multi-year contract with the Air Force and includes the actual units, shipping costs and training courses associated with the units.
Walter Clark, Air Tīs CEO, stated that, "This is outstanding news on the heels of our recent quarterly earnings report. We very much appreciate the Air Forceīs continued confidence in Globalīs deicing equipment and services. 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."
Air T, through its subsidiaries, provides overnight air freight service to the express delivery industry, and manufactures, sells and services aircraft ground support and special purpose industrial equipment. Air T is one of the largest, small-aircraft air cargo operators in the United States. Air Tīs Mountain Air Cargo and CSA Air subsidiaries currently operate a fleet of single and twin-engine turbo-prop aircraft daily in the eastern half of the United States, Puerto Rico and the Caribbean Islands. Air Tīs ground support operations, including its Global Ground Support and Global Aviations Services subsidiaries, manufacture and service aviation support and other specialized military and industrial equipment, in addition to providing airport facilities maintenance. Global Ground Support is one of the largest providers of deicing equipment in the world.
Statements in this press release, which contain more than historical information, may be considered forward-looking statements (as such term is defined in the Private Securities Litigation Reform Act of 1995) which are subject to risks and uncertainties. Actual results may differ materially from those expressed in the forward-looking statements because of important potential risks and uncertainties, including but not limited to the risk that contracts with major customers will be terminated or not extended, uncertainty regarding legal actions involving the Company, future economic conditions, inflation rates, competition, changes in technology or government regulation, and the impact of future terrorist activities in the United States and abroad. A forward-looking statement is neither a prediction nor a guarantee of future events or circumstances, and those future events or circumstances may not occur. We are under no obligation, and we expressly disclaim any obligation, to update or alter any forward-looking statements, whether as a result of new information, future events or otherwise.
|
| |
| News material on the Site is copyright and belongs
to the Company or to its third party news provider, and all
rights are reserved. Any User who accesses such material may
do so only for its own personal use, and the use of such material
is at the sole risk of the User. Redistribution or other commercial
exploitation of such news material is expressly prohibited.
Where such news material is provided by a third party, each
User agrees to observe and be bound by the specific terms of
use applying to such news material. We do not represent or endorse
the accuracy or reliability of any of the info contained in
any news or external websites referred to in the news. |
|
|
|
|
|
|
|
