Filing Flows › Industries › Industrials › Air Courier Services
Air Courier Services SIC 4513
3 companies filing with the SEC under SIC 4513. Median revenue growth +10% year on year in Q3 2026 (2 companies). The growth model expects the industry's combined revenue to grow +11% in Q3 2026. 8 customer or supplier links named in annual reports.
Money flow: where the industry's revenue goes
Drawn in the browser: an estimate of where the industry's revenue goes — what it buys from other industries, the pay that reaches households, taxes and profit — beside its filed cash flow, two tiers of suppliers and its capital spending by kind of asset.
Open the industry: growth distribution, money flow, network →
Who sells to whom
Customers and suppliers named in the companies' annual reports; the share is of the supplier's revenue.
- AIRT → FDX 35% of the supplier's revenue, $114M
- AIRT → AAL 4% of the supplier's revenue, $13.1M
- FDX → BTOC 12% of the supplier's revenue
- FDX → W
- FDX → ACVA
- FDX → PEW
- FDX → AIRT
- FDX → ETS
Growth model
Industry revenue, the same companies year on year; 80% ranges. Fitted on SEC filings and tested out of sample (how).
| Quarter | Growth Y/Y | Revenue | 80% range |
|---|---|---|---|
| Q3 2026 | +11.5% | $22.8B | $21.4B – $24.3B |
| Q4 2026 | +10.4% | $26.0B | $23.9B – $28.1B |
| Q1 2027 | +9.4% | $26.4B | $24.1B – $28.7B |
| Q2 2027 | +8.6% | $27.3B | $24.8B – $29.8B |
Capital spending and supply chain →
Companies
| Company | Quarterly revenue | Y/Y | Stage |
|---|---|---|---|
| FDX FedEx | $22.9B | +12% | transition |
| FDXF FedEx Freight Holding Company | $2.4B | +8% | mature |
| AIRT Air T | $115M | — | deceleration |
Growth from positive, comparable quarterly revenue as filed; industries are SEC Standard Industrial Classification codes. Data Nov 8, 2026.