Air T, Inc. (AIRT)

NASDAQ: AIRT · IEX Real-Time Price · USD
22.20
+1.19 (5.66%)
At close: Mar 28, 2024, 4:00 PM
22.10
-0.10 (-0.45%)
After-hours: Mar 28, 2024, 4:06 PM EDT
5.66%
Market Cap 59.28M
Revenue (ttm) 288.53M
Net Income (ttm) -14.16M
Shares Out 2.82M
EPS (ttm) -5.00
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 5,414
Open 21.02
Previous Close 21.01
Day's Range 21.02 - 22.23
52-Week Range 12.53 - 28.62
Beta 0.73
Analysts n/a
Price Target n/a
Earnings Date Feb 12, 2024

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 Overnight Air Cargo segment offers air express delivery services. As of March 31, 2023, this segment had 85 aircraft under the dry-lease agreements with FedEx. The 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 s... [Read more]

Sector Industrials
Founded 1980
Employees 584
Stock Exchange NASDAQ
Ticker Symbol AIRT
Full Company Profile

Financial Performance

Financial Statements

News

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...

23 days 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...

6 weeks 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...

2 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...

2 months 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...

4 months 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...

4 months 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...

8 months 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...

8 months 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...

9 months 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...

11 months 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...

1 year 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...

1 year 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...

1 year 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 ...

1 year 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...

1 year ago - Accesswire

Ashland Place Announces Closing of Engine Facility Deal with Crestone Air Partners

NEW YORK , July 12, 2022 /PRNewswire/ -- Ashland Place Finance LLC ("Ashland Place"), a commercial aviation financing platform, and Crestone Air Partners, Inc. ("Crestone"), a full-service aviation as...

1 year ago - PRNewsWire

Air T Inc Announces Formation Of Crestone Air Partners - Independent Yet Interrelated Division Focusing on Leasing and Managing Commercial Aviation Assets

MINNEAPOLIS, MN / ACCESSWIRE / July 8, 2022 / AIR T, INC (NASDAQ:AIRT) today announced the formation of Crestone Air Partners, Inc. ("Crestone"), a wholly owned subsidiary focused on trading, leasing,...

1 year ago - Accesswire

Air T, Inc. Reports Fiscal 2022 Results

DENVER, NC / ACCESSWIRE / June 28, 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 in...

1 year ago - Accesswire

Air T, Inc. Reports Third Quarter Fiscal 2022 Results

DENVER, NC / ACCESSWIRE / February 14, 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. Announces Record and Payment Dates for Alpha Income Preferred Securities (AIRTP)

DENVER, NC / ACCESSWIRE / February 10, 2022 / Air T, Inc. (NASDAQ:AIRT) ("Air T") announces the following record dates and payments dates for its Alpha Income Preferred (AIP) securities (NASDAQ:AIRTP)...

2 years ago - Accesswire

Air T, Inc. Reports Second Quarter Fiscal 2022 Results

DENVER, NC / ACCESSWIRE / November 12, 2021 / 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 2022 Results

DENVER, NC / ACCESSWIRE / August 12, 2021 / 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. Reports Fiscal 2021 Results

DENVER, NC / ACCESSWIRE / June 25, 2021 / 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 in...

2 years ago - Accesswire