Demonstration environment — all carriers, scores, and figures are fictional and illustrative. Licensed-source values (RapidRatings, CreditRiskMonitor) depict a planned integration, not vendor output.

COMPASS
Portfolio

Torrent Air FreightTAF

Air carrierPrivately heldMiami, FLHighMixed provenanceConfidence A

Open findings (1)

All sources agree: sustained financial and operational decline

DeteriorationRaised 2026-06-28

Audited FHR 31/100 (deteriorating), FRISK 2/10, 12-month distress probability 9.6%, load factor at 47% after seven consecutive declines. Grade-A confidence — every track corroborates. Contingency routing recommended.

  • FHR 31/100, deterioratingRapidRatings FHR (confidential statement exchange)
  • 12-month distress probability 9.6%CreditRiskMonitor FRISK
  • Load factor 47%, 7 quarters of declineDOT-BTS Form 41 Schedule T-100

Two-track assessment

Track 1

Statement-derived financial health

Confidential statement exchange (RapidRatings FHR) — audited statements, never made public

31/100
DeterioratingStatements as of 2026-Q1
Audited

Track 2

Inferred financial risk

No carrier cooperation required (CreditRiskMonitor FRISK/PAYCE)

2/10 FRISK
12-month distress probability
9.6%
As of
2026-06
Inferred

Operational ground truth

Government and public feeds USTRANSCOM already trusts.

Load factor % — trailing 8 quarters

47%
2024-Q22026-Q1
Active fleet6 of 12 aircraft
On-time performance68%

Fuel exposure

Exposed to fuel-price shocks

Forward fuel hedged (next 12 months)

5%

Fuel share of operating cost

38%

Only 5% of forward fuel is hedged against a 38% fuel share of operating cost — a fuel-price shock would flow through largely unhedged.

AI executive snapshot

Generated 2026-07-06 06:40 UTC — every sentence resolves to a named source.

Torrent Air Freight is rated HIGH risk with grade-A confidence: audited statements, the inference model, and operational data all point the same direction.

Statement-derived FHR is 31/100 and deteriorating; modeled 12-month distress probability is 9.6%.

Half the fleet is inactive, load factor is at 47% after seven consecutive quarterly declines, and only 5% of forward fuel is hedged against a 38% fuel share of operating cost.

Recommend contingency routing plans for awarded lanes and no expansion of commitments this cycle.

Sources cited

  1. 1.RapidRatings FHR (confidential statement exchange) — Financial Health Rating: 31 / 100 (as of 2026-Q1)
  2. 2.CreditRiskMonitor FRISK — FRISK score (10 = lowest risk): 2 / 10 (as of 2026-06)
  3. 3.DOT-BTS Form 41 Schedule T-100 — System load factor: 47%, seventh consecutive quarterly decline (as of 2026-Q1 filing)
  4. 4.CreditRiskMonitor FRISK — 12-month probability of financial distress: 9.6% (as of 2026-06)
  5. 5.EIA fuel-market series vs. disclosed hedge posture — Forward fuel hedged (next 12 months): 5% (as of 2026-06)