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Air T, Inc., through its subsidiaries, provides overnight air cargo, ground equipment sale, and commercial jet engines and parts, and printing equipment and maintenance services in the United States and internationally. The company's Overnight Air Cargo segment offers air express delivery services. As of March 31, 2022, this segment had 72 aircraft under the dry-lease agreements with FedEx. Its Ground Equipment Sales segment manufactures, sells, and services aircraft deicers, scissor-type lifts, military and civilian decontamination units, flight-line tow tractors, glycol recovery vehicles, and other specialized equipment. This segment sells its products to passenger and cargo airlines, ground handling companies, the United States Air Force, airports, and industrial customers. Its Commercial Aircraft, Engines and Parts segment offers commercial aircraft trading, leasing, and parts solutions; commercial aircraft storage, storage maintenance, and aircraft disassembly/part-out services; commercial aircraft parts sales, exchanges, procurement services, consignment programs, and overhaul and repair services; and aircraft instrumentation, avionics, and a range of electrical accessories for civilian, military transport, regional/commuter and business/commercial jet, and turboprop aircraft. This segment also provides composite aircraft structures, and repair and support services. Air T, Inc. was incorporated in 1980 and is based in Denver, North Carolina.
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Air T's (AIRT) overall topline benefits from revenue growth in the majority of its segments....
CHARLOTTE, NC / ACCESSWIRE / June 26, 2024 / Air T, Inc. (NASDAQ:AIRT) is an industrious American company with a portfolio of businesses, each of which is independent yet interrelated. We seek dynamic...
Find out why Zacks rates Air T as "Neutral," being the first on Wall Street to initiate coverage on the stock. Explore AIRT's strategic acquisitions and financial health amid market challenges....
CAMBRIDGE, MN / ACCESSWIRE / April 17, 2024 / In a significant move, The145 is excited to announce a strategic partnership with Ambry Hill Technologies, advocating for its innovative cloud-based Vista...
MINNEAPOLIS, MN / ACCESSWIRE / March 5, 2024 / Air T, Inc. (NASDAQ:AIRT) (the "Company") recently announced the closing of a direct, structured $15,000,000 private note transaction with a major pensio...
CHARLOTTE, NC / ACCESSWIRE / February 12, 2024 / Air T, Inc. (NASDAQ:AIRT) is an industrious American company with a portfolio of businesses, each of which is independent yet interrelated. We seek dyn...
CHARLOTTE, NC / ACCESSWIRE / January 22, 2024 / Air T, Inc. (NASDAQ:AIRT) ("Air T") announces the following dividend dates and record dates for Air T Funding Alpha Income Preferred (AIP) securities (N...
NEW YORK , Jan. 17, 2024 /PRNewswire/ -- Ashland Place Finance LLC ("Ashland Place"), a commercial aviation financing platform, today announced the completion of a new facility financing the acquisiti...
CHARLOTTE, NC / ACCESSWIRE / November 28, 2023 / Today The Company announces the completion of a private placement of $4.0 million of its 8% Trust Preferred Securities (NASDAQ:AIRTP) at a price of $17...