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Saj Karsan » Comments » AIRT

  • No Room for Error at Air T [View article]
    Hi Hokie,

    Sorry for the late reply.

    While you are right that AIRT has thrived in the past despite having these risks, this does not mean the risks do not exist going forward.

    As an example, consider Escalade, which recently had a 30-year relationship with Sears cut short all of a sudden. Article here: www.barelkarsan.com/20...
    Jul 29 16:21 pm |Rating: +2 -1 |Link to Comment
  • No Room for Error at Air T [View article]
    Hi Hokie,

    I did not respond to most of your comments because they were not relevant to the article. The article is about AIRT's revenue risks. I'm not telling investors that AIRT is a bad investment; in fact, I mentioned its strong profitability, its dividend yield, and suggested it could turn out to be a terrific long-term investment. But investors should know what they are buying, and so understanding the risks is important and a frequently discussed theme on my site.

    By the way, your statement regarding the previous AF contracts is also false. The current contract just announced last week is indeed subject to annual cancellation, but the previous contracts were for 4 years, 3 years and 3 years, so that situation has become more risky.
    Jul 23 02:41 am |Rating: +2 -1 |Link to Comment
  • No Room for Error at Air T [View article]
    Hi guys,

    Thanks for your comments.

    Sorry about not mentioning the most recently announced AF contract. Between the time I wrote the article and scheduled it for publishing, the contract was announced. However, it should be noted that the contract can be cancelled after one year, so the revenue risks discussed in the article, both related to that contract and related to the other segments, still remain going forward.
    Jul 19 18:49 pm |Rating: +2 -1 |Link to Comment
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