Note 15 - Segment Information

12 Months Ended

Mar. 31, 2013

Segment Reporting Disclosure [Text Block]

15.           SEGMENT INFORMATION

The Company operates in three business segments. The overnight air cargo segment, comprised of its 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 its Global Ground Support, LLC (“GGS”) subsidiary, manufactures and provides mobile deicers and other specialized equipment to airlines, airports, the military and industrial customers. The ground support services segment, comprised of its 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. The Company evaluates the performance of its operating segments based on operating income. Segment data is summarized as follows:

	Year Ended March 31,
	2013			2012
Operating Revenues:
Overnight Air Cargo	$	49,850,693		$	48,344,211
Ground Equipment Sales:
Domestic		32,515,374			23,363,587
International		7,778,719			8,726,213
Total Ground Equipment Sales		40,294,093			32,089,800
Ground Support Services		12,919,453			8,948,120
Total	$	103,064,239		$	89,382,131
Operating Income (Loss):
Overnight Air Cargo	$	3,107,818		$	3,620,962
Ground Equipment Sales		888,506			(625,225	)
Ground Support Services		871,287			700,082
Corporate		(2,139,583	)		(1,622,279	)
Total	$	2,728,028		$	2,073,540
Capital Expenditures:
Overnight Air Cargo	$	147,205		$	636,539
Ground Equipment Sales		139,075			63,260
Ground Support Services		38,982			284,337
Corporate		49,783			17,650
Total	$	375,045		$	1,001,786
Depreciation and Amortization:
Overnight Air Cargo	$	156,589		$	83,453
Ground Equipment Sales		188,143			132,324
Ground Support Services		132,239			107,326
Corporate		55,799			41,112
Total	$	532,770		$	364,215