Note 4 - Inventories

6 Months Ended

Jun. 30, 2022

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 for our MRO operation in Kansas. 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:

	June 30, 2022		December 31, 2021
Parts inventory	$	118,873	$	102,763
Fuel inventory		182,780		115,364
Other inventory		21,928		24,977
Total inventory	$	323,581	$	243,104

Included in fuel inventory are amounts held for third parties of $3,803 and $28,042 as of June 30, 2022 and December 31, 2021, respectively, with an offsetting liability included as part of accrued expenses.