22.	SEGMENT INFORMATION

The Company has

seven

business segments: overnight air cargo, ground equipment sales, ground support services, commercial jet engine and parts segment, printing equipment and maintenance, leasing and corporate. Segment data is summarized as follows:

	Year Ended March 31,
	2018			2017
Operating Revenues:
Overnight Air Cargo	$	72,845,353		$	69,558,334
Ground Equipment Sales:
Domestic		47,394,193			26,922,009
International		2,641,842			4,284,000
Total Ground Equipment Sales		50,036,035			31,206,009
Ground Support Services		35,710,005			30,453,246
Printing Equipment and Maintenance
Domestic		3,675,193			5,653,997
International		2,711,689			4,156,000
Total Printing Equipment and Maintenance		6,386,882			9,809,997
Commercial Jet Engines and Parts:
Domestic		25,324,231			2,688,902
International		13,438,290			4,774,000
Total Commercial Jet Engines		38,762,521			7,462,902
Leasing		137,316			537,719
Corporate		2,520,521			1,136,311
Intercompany		(11,879,288	)		(1,692,859	)
Total	$	194,519,345		$	148,471,659

Operating Income (Loss):
Overnight Air Cargo	$	4,127,322		$	2,723,933
Ground Equipment Sales		3,840,907			2,378,812
Ground Support Services		(179,152	)		(500,712	)
Printing Equipment and Maintenance		(749,846	)		(5,937,522	)
Commercial Jet Engines and Parts		2,003,111			534,762
Leasing		6,079			422,913
Corporate		(3,541,853	)		(2,787,760	)
Intercompany		(1,261,045	)		64,801
Total	$	4,245,523		$	(3,100,773	)

Capital Expenditures:
Overnight Air Cargo	$	40,668		$	95,270
Ground Equipment Sales		219,592			21,766
Ground Support Services		363,420			465,718
Printing Equipment and Maintenance		181,895			9,927
Commercial Jet Engines and Parts		18,305,930			60,104
Leasing		-			3,070,037
Corporate		1,104,089			1,690,109
Intercompany		-			(3,066,500	)
Total	$	20,215,594		$	2,346,431

Depreciation, Amortization and Impairment:
Overnight Air Cargo	$	110,810		$	124,793
Ground Equipment Sales		433,184			597,240
Ground Support Services		471,776			383,963
Printing Equipment and Maintenance		13,135			1,738,819
Commercial Jet Engines and Parts		1,174,764			109,807
Leasing		59,244			247,323
Corporate		421,243			174,510
Intercompany		(5,298	)		(194,610	)
Total	$	2,678,858		$	3,181,845

During fiscal year

2017,

the elimination of intercompany revenues is related to the sale of

two

elan

printers by Delphax to ATGL, along with the premiums paid to SAIC, and the elimination of intercompany operating income for such period reflects the margins on the sales of those assets, elimination of excess depreciation and amortization related to the margin on those assets, and the premiums paid to SAIC.

During fiscal year

2018,

the elimination of intercompany revenues is primarily related to the sale of aircrafts from Contrail Aviation to AirCo along with the premiums paid to SAIC. The elimination of intercompany operating income for such period reflects the margins on the sales of those assets.