TRANSPORT BRIEFS

TRANSPORT BRIEFS

AEI PROFIT, REVENUE

HIT RECORD LAST YEARAir Express International Corp., a freight forwarder based in Darien, Conn., said 1991 net income rose 25 percent to $13.9 million. Revenue totaled $602 million, up from $568 million in 1990.

The 1991 figures are full-year records, AEI said.

AEI said fourth-quarter net income rose 36 percent from a year earlier to $4.5 million, while revenue rose $9 million to $164 million.

SOUTHERN AIR TRANSPORT

ACQUIRES THREE PLANES

Southern Air Transport, a Miami-based cargo carrier, said it acquired a DC8-73 and two Hercules L-100 aircraft. Terms were not disclosed.

The DC-8, currently in passenger configuration, will be converted to freighter form.

Southern said the plane is likely to be used on trans-Atlantic, trans- Pacific or intra-continental routes.

The L-100s, which were owned by Alaskan carrier MarkAir, will be used in part to launch Southern's new operations in Alaska.

One of the L-100s will be leased back to MarkAir. The other will be used to support Southern's West Coast business.

In conjunction with the purchase, MarkAir will sell cargo space for Southern in Alaska.

The purchase gives Southern 18 Hercules L-100s, the world's largest fleet of "Hercs."