Great Lakes Aviation(OTC) GLUX

Great Lakes Aviation, Ltd. is a regional air service provider in the United States, operating independently and as a codeshare partner with United Air Lines, Inc. The company offers regular passenger flights and cargo transport to designated hubs under the Great Lakes brand.

Products and Services

• Regular passenger flights to 28 airports across nine states
• Cargo transport services on scheduled flights
• Partnerships with major airlines for expanded reach

Growth Outlook

• Expansion of flight routes to meet increasing demand
• Strategic partnerships enhancing operational capabilities
• Focus on improving customer service and operational efficiency

Financial Highlights

• Recent quarterly revenue of 9.69 million, showing resilience
• Trailing twelve months gross profit margin at 56.8%
• Current ratio of 3.98 indicates strong liquidity position

Great Lakes Aviation, Ltd. has established itself as a key player in the regional airline sector, providing essential services to underserved markets. The company operates a fleet of regional aircraft, ensuring reliable transportation for both passengers and cargo. With a focus on expanding its network and enhancing service quality, Great Lakes is well-positioned to capitalize on growth opportunities in the aviation industry. Recent financial performance indicates a revenue of 9.69 million for the latest quarter, reflecting the company's ability to generate income despite challenges. The gross profit margin of 56.8% demonstrates effective cost management and operational efficiency. Additionally, a current ratio of 3.98 highlights a robust liquidity position, allowing the company to meet short-term obligations comfortably. The growth outlook remains positive, with plans to expand flight routes and enhance partnerships with major airlines. This strategic direction aims to improve customer service and operational efficiency, positioning Great Lakes Aviation for future success in a competitive market.