Note 4 - Inventories

12 Months Ended

Dec. 31, 2019

Notes to Financial Statements

Inventory Disclosure [Text Block]

NOTE

4

–

Inventories

Inventory consists primarily of aviation fuel, which the Company dispenses to its customers, and parts inventory as a result of the acquisition of Aircraft Services. The Company also maintains fuel inventories for commercial airlines, to which it charges into-plane fees when servicing commercial aircraft.

Inventories consist of the following:

	December 31,
	2019		2018
Parts inventory	$	87,625	$	82,384
Fuel inventory		79,497		76,761
Other inventory		14,082		11,720
Total inventory	$	181,204	$	170,865

Included in fuel inventory are amounts held for

third

parties of

$25,804

and

$37,675

as of

December 31, 2019

and

2018,

respectively, with an offsetting liability included as part of accrued expenses.