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.
| Country | United States |
| Founded | 1980 |
| Industry | Conglomerates |
| Sector | Industrials |
| Employees | 624 |
| CEO | Nicholas John 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 |
|---|---|
| Michael Bandalan | Chief Executive Officer of Mountain Air Cargo, 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 |
| Sebastian Lourier | Principal and Chief Executive Officer of Crestone Air Partners |
| Nicholas John Swenson | Chairman, President and Chief Executive Officer |
| Brian Ochocki | Chief Financial Officer and Treasurer |
| Tracy Kennedy | Chief Accounting Officer |
| Mitch Pothen | Vice President of Technology |
| Mark R. Jundt | Secretary and General Counsel |
| Katrina Marie-Kramer Philp | Chief of Staff |
Latest SEC Filings
| Date | Type | Title |
|---|---|---|
| Jul 10, 2024 | ARS | Filing |
| Jul 10, 2024 | DEFA14A | Additional definitive proxy soliciting materials and Rule 14(a)(12) material |
| Jul 10, 2024 | DEF 14A | Other definitive proxy statements |
| Jul 1, 2024 | 8-K | Current Report |
| Jun 26, 2024 | 10-K | Annual Report |
| May 31, 2024 | 8-K | Current Report |
| May 31, 2024 | SD | Form - SD |
| May 10, 2024 | S-3/A | [Amend] Registration statement under Securities Act of 1933 |
| Apr 25, 2024 | 424B5 | Filing |
| Apr 25, 2024 | 8-K | Current Report |