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Air T - AIRT STOCK NEWS

Welcome to our dedicated page for Air T news (Ticker: AIRT), a resource for investors and traders seeking the latest updates and insights on Air T stock.

Overview of Air T Inc.

Air T Inc. (NASDAQ: AIRT) is a diversified American holding company with a rich history dating back to 1980. The company operates multiple interconnected business segments primarily focused on air freight, express delivery, and the supply of commercial jet engines and related parts. Through its wholly owned subsidiaries, Air T Inc. provides both overnight air cargo services and specialized aviation ground support equipment, underscoring its versatile approach within the aviation industry.

Core Business Segments

The company is structured into several key segments:

  • Overnight Air Cargo: This segment serves the express delivery industry by offering overnight air freight services. Operated under distinct certifications and managed by subsidiaries, it provides contract-based, small-package delivery services across vast regions including the eastern United States, Puerto Rico, and the Caribbean.
  • Commercial Jet Engines and Parts: Air T Inc. derives substantial revenue from its commercial jet engines and parts division. This division handles the acquisition, sale, leasing, and management of jet engines and components, focusing on aftermarket services that are crucial for maintaining operational efficiency in commercial aviation.
  • Ground Equipment Sales: Through its specialized subsidiaries, the company offers a range of aviation ground support equipment. This segment addresses customer demands for advanced deicing equipment, specialized lorries, and mobile systems, ensuring operational reliability for airports, airlines, and military customers.
  • Corporate and Other: This category encapsulates smaller business ventures and strategic investments. It functions as the capital allocator for the company, enabling reinvestment in core operations and dissemination into adjacent markets.

Operational Excellence and Industry Expertise

Air T Inc. distinguishes itself by integrating a portfolio of independent yet interrelated businesses. Each subsidiary is empowered to operate within its own niche, which allows for focused expertise and operational agility. The firm benefits from comprehensive certifications and adherence to stringent regulatory standards, ensuring both safety and quality in air cargo operations. Moreover, the company leverages state-of-the-art solutions and customer-centric processes, which have been critical in maintaining its competitive position in markets that demand efficient logistics and timely delivery.

Market Position and Business Model

At its core, Air T Inc. is focused on capitalizing on the robust demand within the aviation services ecosystem. It addresses critical challenges including operational scalability, regulatory compliance, and the need for innovative service delivery in both the air cargo and aviation parts markets. The company’s revenue model is diversified across contract-based air freight operations, aftermarket parts sales, equipment leasing, and strategic investments in high-potential aviation technologies. Such a diversified approach not only helps mitigate market risks but also positions Air T Inc. as an adaptable entity prepared to engage with multiple facets of the global aviation landscape.

Competitive Landscape

Operating in a competitive environment, Air T Inc. maintains a balanced mix of legacy operations and modern technological integrations. Its service contracts and regulatory certifications allow it to differentiate from other market players. The company’s ability to operate specialized aircraft under distinct Federal Aviation Administration (FAA) regulations reinforces its credibility and trustworthiness. Additionally, its targeted approach in aftermarket parts and secondary market activities further strengthens its foothold in a demanding industry segment.

Customer Focus and Strategic Initiatives

Air T Inc. remains committed to delivering value via operational efficiency, strategic partnerships, and quality service. The company’s emphasis on contracted overnight cargo services and the meticulous management of commercial engine and parts supply demonstrates its dedication to meeting customer expectations. Its continuous process improvements and asset management initiatives also foster a culture of reliability and technical proficiency, making it a trusted name among business partners and stakeholders.

Summary

In summary, Air T Inc. stands as an emblem of diversified business operations in the aviation industry. By seamlessly integrating services ranging from overnight air cargo to advanced aerospace parts management, the company has established a comprehensive value proposition designed to sustain long-term operational excellence. Its methodical approach, robust certifications, and commitment to innovation render it a noteworthy entity for those seeking nuanced insights into modern aviation services and support solutions.

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The145.com partners with Ambry Hill Technologies to introduce Vista-Quote RFQ platform, enhancing efficiency for aviation aftermarket parts suppliers and MROs. The collaboration aims to revolutionize the quote response process, offering a streamlined system for managing RFQs.
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Air T, Inc. (NASDAQ:AIRT) closed a $15 million private note transaction with a major pension plan, issuing 7-year notes at 8.5% interest. The transaction allows the company to securitize its ownership in aviation-related joint ventures to raise non-recourse debt, pay down existing debt, and make further investments. Proceeds were used to pay off revolving debt with Minnesota Bank & Trust. CEO Nick Swenson views the transaction positively as a strategic move for the company's growth and future opportunities.
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Air T, Inc. (NASDAQ:AIRT) reports Q3 fiscal results with $63.8 million in revenues, a $1.6 million operating loss, and a $0.4 million Adjusted EBITDA loss. The company's total equity decreased by $5.0 million. Chairman and CEO Nick Swenson addresses unexpected revenue decline in Ground Equipment Sales segment.
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Air T, Inc. (NASDAQ: AIRT) announces dividend dates and record dates for Air T Funding Alpha Income Preferred (AIP) securities (NASDAQ: AIRTP) for 2024 and 2025. Cash distributions on the AIP are at a rate of 8.0% per annum, amounting to $0.50 per share.
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Ashland Place Finance LLC completed a new facility financing the acquisition of three B737-800 freighters for Atalaya Capital Management and Crestone Air Partners. This is the second transaction with each of Atalaya and Crestone, having previously financed a 777-300ER for Atalaya and four CFM56 engines for Crestone. The Executive Director of Ashland Place expressed satisfaction in partnering with Atalaya and Crestone, while the Principal at Atalaya praised the creative and collaborative nature of their work together. The CEO of Crestone also acknowledged the deep understanding and expertise of the Ashland Place team.
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Air T, Inc. (NASDAQ:AIRTP) completes a private placement of $4.0 million of its 8% Trust Preferred Securities at a price of $17.00 per share for a 12.1% yield to maturity. The principal buyers were its largest shareholder and their affiliates. The Company anticipates offering additional TruPs at the same price or better. The offering allows for expansion and investment in various subsidiaries and business initiatives.
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Air T, Inc. (NASDAQ:AIRT) reported Q2 2023 revenues of $79.0 million, a 30% increase YoY. Adjusted EBITDA profit was $1.5 million, down from $2.3 million in the prior year. Loss per share was $0.57. Total Equity decreased by 15%. The company highlighted the significant contribution from Worldwide Aircraft Services in the Overnight Air Cargo segment, lower sales at Global Ground Support, and strong growth in Commercial Jet Engines and Parts.
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Air T, Inc. (NASDAQ:AIRT) is an American company with a diverse portfolio. The fiscal first quarter results for 2023 show revenues of $71.4 million, a 40% increase from the prior year. The operating income was $0.7 million, and the adjusted EBITDA profit was $1.4 million. However, the loss per share was $0.19, and total equity decreased by 5% from the previous quarter.
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FAQ

What is the current stock price of Air T (AIRT)?

The current stock price of Air T (AIRT) is $17.95 as of March 11, 2025.

What is the market cap of Air T (AIRT)?

The market cap of Air T (AIRT) is approximately 48.9M.

What are the primary business segments of Air T Inc.?

Air T Inc. operates in several key segments including overnight air cargo services, commercial jet engines and parts, ground equipment sales, and a corporate segment handling other investments and business ventures.

How does Air T Inc. generate its revenue?

The company generates revenue through contract-based air freight services, sales and leasing of aviation parts, distribution of ground support equipment, and strategic investments within its diverse portfolio.

What distinguishes Air T Inc. in the aviation industry?

Air T Inc. is distinguished by its diversified business model, strong regulatory compliance, specialized certifications for air cargo operations, and its expertise in managing aftermarket aviation products and services.

Which markets are primarily served by its air cargo segment?

The overnight air cargo segment primarily serves express delivery needs across the eastern United States, as well as in Puerto Rico and the Caribbean, under strict regulatory oversight.

What role do the subsidiaries play in Air T Inc.'s operations?

Subsidiaries such as those handling air cargo, ground equipment, and jet engine parts allow Air T Inc. to focus on niche markets with specialized services while benefiting from an interconnected operational structure.

How does Air T Inc. maintain compliance with aviation regulations?

The company and its subsidiaries operate under rigorous FAA certifications and standards, ensuring that its air cargo and aviation parts services meet all necessary safety and compliance requirements.

What competitive advantages does Air T Inc. hold?

Its competitive advantages include a diversified revenue model, specialized certifications for air cargo operations, a robust aftermarket parts division, and the ability to adapt quickly to evolving market demands in the aviation sector.

How does the company support its investors and stakeholders?

Air T Inc. provides comprehensive operational insights, maintains strong regulatory compliance, and leverages a diversified business strategy to address market risks, thereby offering a balanced and informative perspective to investors and stakeholders.
Air T

Nasdaq:AIRT

AIRT Rankings

AIRT Stock Data

48.88M
1.31M
51.21%
24.94%
1.07%
Conglomerates
Air Courier Services
Link
United States
CHARLOTTE