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 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 | AIRTP |
| Exchange | NASDAQ |
| Stock Type | Preferred Stock |
| Fiscal Year | April - March |
| Reporting Currency | USD |
| CIK Code | 0000353184 |
| CUSIP Number | 00919P302 |
| ISIN Number | US00919P3029 |
Key Executives
| Name | Position |
|---|---|
| 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 |
| Tracy Kennedy | Chief Financial Officer and Chief Accounting Officer |
| Mark R. Jundt J.D. | 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 |