Texas Air Cargo
Financial Information Sheet
First Quarter; Fiscal Year 2000

                                                            Actual                        Budgeted                        Difference  
Revenue:
Flight Income

Sales Income:
Hangar/Ramp Rental

Fuel Sales

Other Sales

Income from Investors

Income from Grants or Loans

Gross Income


Expenses:
Loan Repayment

Rent:
Home Office

ABIA Hub

Memhis Hub

Employee Wages

Insurance:
Cargo Insurance

Liability Insurance

Comprehensive Insurance (equipment)

Employee Health Insurance

Maintenance:
Building Maintenance

Ground Equipment Maintenance

New Equipment Purchase

Equipment Rental

Miscelaneous Expenses

Total Expenses

Net Income

Profit/Loss %

Other Fiscal Breakdowns

First Quarter FY2000       Second Quarter FY2000      Third Quarter FY2000       Fourth Quater FY200

March, 2000    April, 2000   May, 2000   June, 2000   July, 2000   August, 2000   September, 2000

October, 2000   November, 2000   December, 2000   January, 2001   February, 2001