UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported):   October 10, 2005  
AirNet Systems, Inc.
 
(Exact name of registrant as specified in its charter)
         
Ohio   001-13025   31-1458309
         
(State or other jurisdiction
of incorporation) 		  (Commission
File Number) 		  (IRS Employer
Identification No.)
7250 Star Check Drive, Columbus, Ohio   43217
 
(Address of principal executive offices)   (Zip Code)
(614) 409-4900
 
(Registrant’s telephone number, including area code)
Not Applicable
 
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
 
 

Item 8.01. Other Events .
     On October 10, 2005, AirNet Systems, Inc. (“AirNet”) issued a news release announcing that its Board of Directors has established December 16, 2005 as the date of AirNet’s 2005 Annual Meeting of Shareholders. The record date for determining the shareholders of AirNet entitled to receive notice of, and vote at, the 2005 Annual Meeting of Shareholders will be November 7, 2005. AirNet shareholders seeking to bring business before the 2005 Annual Meeting of Shareholders, or to nominate candidates for election as directors at the 2005 Annual Meeting of Shareholders, must provide notice thereof in writing to AirNet, which notice must be received no later than the close of business on October 28, 2005. The AirNet Code of Regulations specifies certain requirements for a shareholder’s notice to be in proper written form. In addition, shareholder proposals must be in the form specified in SEC Rule 14a-8. Shareholder proposals must be addressed to the Secretary of AirNet at its executive offices located at 7250 Star Check Drive, Columbus, Ohio 43217.
     A copy of the October 10, 2005 news release is being filed as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference.
Item 9.01. Financial Statements and Exhibits .
     (a) through (c) Not applicable
     (d)  Exhibits :
     The following exhibit is filed with this Current Report on Form 8-K :
       
 
Exhibit No.
   Description
   
 
99.1
   News release issued by AirNet Systems, Inc. on October 10, 2005
[Remainder of page intentionally left blank;
signature on following page.]

 
SIGNATURE
     Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
           
    AIRNET SYSTEMS, INC.

Dated: October 11, 2005
   By:   /s/ Gary W. Qualmann
 
        
 
       Gary W. Qualmann
Chief Financial Officer,
Treasurer and Secretary

 

INDEX TO EXHIBITS
       
 
Exhibit No.
   Description
 
 
99.1
   News release issued by AirNet Systems, Inc. on October 10, 2005

 

Exhibit 99.1
FOR IMMEDIATE RELEASE
           
CONTACT:
  Gary Qualmann
AirNet Systems, Inc.
(614) 409-4832 		  Bob Lentz
InvestQuest, Inc.
(614) 876-1900
AirNet Systems, Inc. Announces Annual Meeting Date
COLUMBUS, Ohio — October 10, 2005 — AirNet Systems, Inc. (NYSE: ANS) today announced that its Board of Directors has established December 16, 2005 as the date of AirNet’s 2005 Annual Meeting of Shareholders. The record date for determining the shareholders of AirNet entitled to receive notice of, and vote at, the 2005 Annual Meeting of Shareholders will be November 7, 2005.
AirNet shareholders seeking to bring business before the 2005 Annual Meeting of Shareholders, or to nominate candidates for election as directors at the 2005 Annual Meeting of Shareholders, must provide notice thereof in writing to AirNet, which notice must be received no later than the close of business on October 28, 2005.
The AirNet Code of Regulations specifies certain requirements for a shareholder’s notice to be in proper written form. In addition, shareholder proposals must be in the form specified in SEC Rule 14a-8. Shareholder proposals must be addressed to the Secretary of AirNet at its executive offices located at 7250 Star Check Drive, Columbus, Ohio 43217.
AirNet Systems, Inc.
AirNet Systems, Inc., through its operating subsidiaries, focuses its resources on providing value-added, time-critical aviation services to a diverse set of customers in the most service-intensive, cost-effective manner possible. AirNet operates an integrated national transportation network that provides expedited transportation services to banks and time-critical small package shippers nationwide. Jetride, Inc., a wholly-owned subsidiary, provides Passenger Charter services nationwide to individuals and businesses. The Company operated a total of 129 aircraft, 113 for its cargo airline and 16 for its passenger charter airline at June 30, 2005, located strategically throughout the United States. To find out more, visit AirNet’s website at www.airnet.com.
###