Airnet Systems, Inc. - ANS- Profile

AirNet Systems, Inc.. The Group's principal activity is to provide air carrier for time-sensitive deliveries operating between 120 US cities. The Group has three product lines: Bank services consist of cancelled check delivery and includes delivery reports, interoffice mail and related information for the U.S. banking industry. Express services offers products that include medical services offered to customers requiring specialized handling, the transportation of which is often highly regulated by varying governmental authorities. Air courier services provide transportation solutions to forwarders, integrators and courier companies. Retail services are provided to end consumers whose shipment needs are highly time sensitive. Mercury business services provides nationwide overnight delivery. Aviation services product line offers passenger charter services such as on-demand cargo charters. As on 30-Jun-2005, the Group operates totally 129 aircraft, 113 for its cargo and 16 for passenger. Delivery Services accounted fro 85% of 2005 revenues and Passenger Charter Services, 15%