Air T, Inc. (AIRT)
NASDAQ: AIRT · Real-Time Price · USD
15.51
-1.19 (-7.13%)
At close: Nov 4, 2024, 4:00 PM
15.40
-0.11 (-0.71%)
After-hours: Nov 4, 2024, 4:22 PM EST

Company Description

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, 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.

The company’s Commercial Jet 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 various electrical accessories for civilian, military transport, regional/commuter and business/commercial jet, and turboprop aircraft to airlines and commercial aircraft leasing companies.

This segment also provides composite aircraft structures, and repair and support services, as well as aircraft service and maintenance services.

Air T, Inc. was incorporated in 1980 and is based in Charlotte, North Carolina.

Air T, Inc.
Air T logo
Country United States
Founded 1980
Industry Conglomerates
Sector Industrials
Employees 624
CEO Nicholas Swenson

Contact Details

Address:
11020 David Taylor Drive, Suite 305
Charlotte, North Carolina 28262
United States
Phone 980 595 2840
Website airt.net

Stock Details

Ticker Symbol AIRT
Exchange NASDAQ
Fiscal Year April - March
Reporting Currency USD
CIK Code 0000353184
CUSIP Number 009207101
ISIN Number US0092071010
Employer ID 52-1206400
SIC Code 4513

Key Executives

Name Position
Richard Lee Chief Executive Officer of Delphax Solutions, Inc.
Michael Bandalan Chief Executive Officer of Mountain Air Cargo, Inc., Worldwide Aircraft Services, Inc. and CSA Air, Inc.
Mark Harris Chief Executive Officer of Worthington Aviation, Inc. and AirCo Group
Michael Moore Chief Executive Officer of Global Ground Support LLC
Kevin Milligan Principal and Chief Executive Officer of Crestone Air Partners
Nicholas John Swenson Chairman, President and Chief Executive Officer
Mark R. Jundt Secretary and General Counsel
Katrina Marie-Kramer Philp Chief of Staff
Dave Bixler President of Jet Yard, LLC and Air'Zona Aircraft Services, Inc.
Paul Stewart President of Ambry Hill Technologies

Latest SEC Filings

Date Type Title
Oct 22, 2024 8-K Current Report
Oct 22, 2024 8-K Current Report
Sep 18, 2024 8-K Current Report
Sep 5, 2024 8-K Current Report
Aug 30, 2024 8-K Current Report
Aug 30, 2024 424B5 Filing
Aug 23, 2024 8-K Current Report
Aug 19, 2024 SC 13D/A [Amend] General statement of acquisition of beneficial ownership
Aug 14, 2024 8-K Current Report
Aug 14, 2024 10-Q Quarterly Report