Air T, Inc. (AIRT)

NASDAQ: AIRT · Real-Time Price · USD
21.11
+1.79 (9.27%)
At close: Dec 20, 2024, 4:00 PM
20.91
-0.20 (-0.95%)
After-hours: Dec 20, 2024, 4:05 PM EST
9.27%
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]

Industry Conglomerates
Sector Industrials
Founded 1980
Employees 624
Stock Exchange NASDAQ
Ticker Symbol AIRT
Full Company Profile

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 Statements

News

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...

5 weeks ago - Accesswire

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...

5 weeks ago - PRNewsWire

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...

2 months ago - Accesswire

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...

4 months ago - Accesswire

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...

4 months ago - Accesswire

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...

4 months ago - Accesswire

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...

6 months ago - Accesswire

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...

8 months ago - Accesswire

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...

10 months ago - Accesswire

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...

11 months ago - Accesswire

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...

11 months ago - Accesswire

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...

1 year ago - PRNewsWire

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...

1 year ago - Accesswire

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...

1 year ago - Accesswire

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...

1 year ago - Accesswire

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...

1 year ago - Accesswire

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...

1 year ago - Accesswire

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...

1 year ago - Accesswire

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...

1 year ago - Accesswire

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...

1 year ago - Accesswire

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...

2 years ago - Accesswire

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...

2 years ago - Accesswire

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...

2 years ago - Accesswire

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 ...

2 years ago - Accesswire

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...

2 years ago - Accesswire