Air T, Inc. (AIRT)
Market Cap | 58.26M |
Revenue (ttm) | 284.09M |
Net Income (ttm) | -2.49M |
Shares Out | 2.76M |
EPS (ttm) | -0.90 |
PE Ratio | n/a |
Forward PE | n/a |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 21,590 |
Open | 19.60 |
Previous Close | 19.32 |
Day's Range | 19.40 - 21.13 |
52-Week Range | 12.53 - 30.60 |
Beta | 0.77 |
Analysts | n/a |
Price Target | n/a |
Earnings Date | Feb 10, 2025 |
About AIRT
Air T, Inc., through its subsidiaries, provides overnight air cargo, ground equipment sale, and commercial jet engines and parts in the United States and internationally. The company’s Overnight Air Cargo segment offers air express delivery services. As of March 31, 2024, this segment had 105 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, ... [Read more]
Financial Performance
In 2023, Air T's revenue was $286.83 million, an increase of 15.98% compared to the previous year's $247.32 million. Losses were -$6.82 million, -44.54% less than in 2022.
Financial StatementsNews
Air T, Inc. Reports Second Quarter Fiscal 2025 Results
CHARLOTTE, NC / ACCESSWIRE / November 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...
Ashland Place Completes New Financing Facility for Crestone Air Partners, Air T, Inc. and Mill Road Capital
NEW YORK , Nov. 12, 2024 /PRNewswire/ -- Ashland Place Finance LLC ("Ashland Place"), a commercial aviation financing platform, today announced the completion of a new facility financing the acquisiti...
Air T, Inc. Names Tracy Kennedy as Chief Financial Officer
MINNEAPOLIS, MN / ACCESSWIRE / October 22, 2024 / Air T, Inc. (NASDAQ:AIRT) is pleased to announce the appointment of Tracy Kennedy as Chief Financial Officer, effective October 16, 2024. Tracy has be...
Air T, Inc. Announces Webcast Availability for 2024 Annual Meeting of Stockholders
CHARLOTTE, NC / ACCESSWIRE / August 19, 2024 / AIR T, INC (NASDAQ:AIRT) announced today that the Company's 2024 Annual Meeting of Stockholders (the "Annual Meeting") will be available to attendees via...
Air T, Inc. Reports First Quarter Fiscal 2025 Results
CHARLOTTE, NC / ACCESSWIRE / August 14, 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 dynam...
Air T, Inc. Announces Departure of Brian Ochocki, Chief Financial Officer
MINNEAPOLIS, MN / ACCESSWIRE / August 7, 2024 / Air T, Inc. (NASDAQ:AIRT) today announced that its Chief Financial Officer, Brian Ochocki, is departing the Company on or about September 3, 2024. Mr. O...
Air T, Inc. Reports Fiscal 2024 Results
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...
The145.com Announces Technology Partnership Aimed at Benefitting Its Aviation Aftermarket Parts Suppliers and MROs
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...
Air T, Inc. Secures $15.0 Million in Private and Non-Recourse Debt Transaction, Propelling Strategic Growth Initiatives
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...
Air T, Inc. Reports Third Quarter Fiscal 2024 Results
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...
Air T, Inc. Announces Dividend Dates for Air T Funding Alpha Income Preferred Securities (AIRTP)
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...
Ashland Place Completes 3-Aircraft Financing for Atalaya Capital Management and Crestone Air Partners
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...
Air T, Inc. Announces Completion of $4.0 million Private Placement of Trust Preferred Securities
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...
Air T, Inc. Reports Second Quarter Fiscal 2024 Results
CHARLOTTE, NC / ACCESSWIRE / November 13, 2023 / 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...
Air T, Inc. Reports First Quarter Fiscal 2024 Results
CHARLOTTE, NC / ACCESSWIRE / August 11, 2023 / Air T, Inc. (NASDAQ:AIRT) is an industrious American company with a portfolio of businesses, each of which is independent yet interrelated. We seek dynam...
Air T, Inc. Announces Webcast Availability for 2023 Annual Meeting of Stockholders
CHARLOTTE, NC / ACCESSWIRE / August 11, 2023 / AIR T, INC (NASDAQ:AIRT) announced today that the Company's 2023 Annual Meeting of Stockholders (the "Annual Meeting") will be available to attendees via...
Air T, Inc. Reports Fiscal 2023 Results
CHARLOTTE, NC / ACCESSWIRE / June 27, 2023 / 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...
Air T, Inc. Announces Commencement of Exchange Offer
DENVER, NC / ACCESSWIRE / May 18, 2023 / Air T, Inc. (NASDAQ:AIRT) ("AIRT" or the "Company") today announced the official commencement of an exchange offer for up to 138,000 of its shares of common st...
Air T, Inc. Announces Exchange Offer for up to 138,000 Common Shares in Exchange for Shares of Air T Funding 8.0% Alpha Income Trust Preferred Securities (TruPs)
Company to Conduct "Modified Dutch Auction" for up to 138,000 Common Shares in Exchange for TruPs; Offer Price Between 1.05 and 1.4 TruPs Per Share Represents a Premium of 13% to 51% Over Current Mark...
Mountain Air Cargo Inc Launches World's First Cessna 408 SkyCourier In Florida
Inaugural C408 SkyCourier Flight Operations Expands Mountain Air Cargo's New Aircraft Fleet and Advances Pilot Career Opportunities DENVER, NC / ACCESSWIRE / February 21, 2023 / Mountain Air Cargo, In...
Air T, Inc. Reports Third Quarter Fiscal 2023 Results
DENVER, NC / ACCESSWIRE / February 10, 2023 / Air T, Inc. (NASDAQ:AIRT) is an industrious American company with a portfolio of businesses, each of which is independent yet interrelated. We seek dynami...
CORRECTION: Air T, Inc. Reports Second Quarter Fiscal 2023 Results
This press release corrects, replaces and entirely supersedes the prior version published on November 10, 2022 at 4:30 PM EST DENVER, NC / ACCESSWIRE / November 11, 2022 / Air T, Inc. (NASDAQ:AIRT) is...
Air T, Inc. Reports Second Quarter Fiscal 2023 Results
DENVER, NC / ACCESSWIRE / November 10, 2022 / Air T, Inc. (NASDAQ:AIRT) is an industrious American company with a portfolio of businesses, each of which is independent yet interrelated. We seek dynami...
Air T, Inc. Reports First Quarter Fiscal 2023 Results
DENVER, NC / ACCESSWIRE / August 12, 2022 / 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 ...
Air T, Inc. Announces Webcast Availability for 2022 Annual Meeting of Stockholders
DENVER, NC / ACCESSWIRE / August 10, 2022 / Air T, Inc. (NASDAQ:AIRT) announced today that the Company's 2022 Annual Meeting of Stockholders (the "Annual Meeting") will be available to attendees via w...