Air T, Inc.
AIRTP
NASDAQ Global Market19.40
USD
+0.15
- -
CIK
0000353184
ISIN
US00919P3029
CUSIP
00919P302
Return %
Stock
S&P500
1Y
3.63
19.25
3Y
-11.46
65.11
5Y
-23.02
72.21
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- CEO
- Nicholas John Swenson
- Full Time Employees
- 624
- Sector
- Industrials
- Industry
- Integrated Freight & Logistics
- Address
- 11020 David Taylor Drive Charlotte NC United States of America 28037
- IPO Date
- Jun 13, 2019
- CIK
- 0000353184
- Website
- airt.net
- Similar Companies
- Business
- Air T, Inc. (NASDAQ: AIRT) is a holding company that operates a portfolio of aviation-focused businesses, including overnight air cargo services; commercial aircraft, jet engines, and parts trading, leasing, and logistics; aviation ground support equipment manufacturing; and digital aviation solutions. Founded in 1980 and headquartered in Charlotte, North Carolina, the company serves airlines, airports, military customers, and aviation industry participants primarily in the United States, with international operations including aircraft leasing globally and market data services from the Netherlands. Its core subsidiaries encompass Mountain Air Cargo and CSA Air for FedEx-contracted overnight air cargo feeder services using a fleet of over 100 aircraft; Global Ground Support, a leading manufacturer of mobile deicers, scissor-lift catering trucks, and glycol recovery vehicles that has supplied the U.S. Air Force exclusively since 1999; Contrail Aviation Support, JetYard, AirCo Group, and Worthington Aviation for surplus and aftermarket jet engine parts, airframes, avionics, and whole aircraft leasing through Crestone Air Partners; and WorldACD with Ambry Hill Technologies for air cargo market data publishing and SaaS platforms like VistaQuote and VistaSuite. Recent developments include the acquisition of Royal Aircraft Services in early 2025 to enhance air cargo maintenance capabilities; a renegotiated $100 million non-recourse financing agreement with institutional investors in June 2025 for aviation asset growth through 2035; amended credit facilities in November 2025 expanding a revolving line to $20 million with Alerus Financial at reduced rates maturing in 2027; the sale of two Airbus aircraft for over $18 million in July 2025; and a pending acquisition of Australia's Regional Express Holdings (Rex), approved by creditors in November 2025 and expected to close by year-end, marking international expansion into regional passenger and cargo airline operations.
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