AIRNET SYSTEMS TO PURCHASE CESSNA AIRCRAFT
AirNet Systsems, a Columbus, Ohio-based air courier for time-sensitive deliveries, will purchase five Cessna Caravan Super Cargomaster aircraft for delivery through 2003.
The company, which trades on the New York Stock Exchange under the symbol ANS, will replace twin-engine piston aircraft used in its fleet.
AirNet has a fleet of 120 aircraft, including 33 Lear jets.
The company said the Cessna Caravan has more than four times the payload of the aircraft it will be replacing.