
Air T Inc PR
AIRTP · NASDAQ · Industrials / Conglomerates
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About
Air T, Inc. provides overnight air cargo; ground support equipment; commercial aircraft, engines, and parts; digital solutions; and regional airline services in the United States and internationally. The company's Overnight Air Cargo segment offers air express delivery services. As of March 31, 2026, this segment had 103 aircraft under the dry-lease agreements with FedEx. Its Ground Support Equipment 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. Its Commercial Aircraft, Engines and Parts segment provide 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 to airlines and commercial aircraft leasing companies. This segment also offers composite aircraft structures, and repair and support services, as well as aircraft service and maintenance services. Its Digital Solutions segment develops and provides digital aviation and other business services to customers within the aviation industry. This segment also offers cloud-based software solutions for aviation aftermarket businesses. Its Regional Airline segment provides scheduled passenger services, air freight, charter services, ancillary passenger services, and government subsidies. As of March 31, 2026, this segment had 98 aircraft consisting of 57 owned SAAB 340B AND 340B+ twin-engine turboprop aircraft and remaining 41 aircraft includes the training fleet of the Australian Airline Pilot Academy. Air T, Inc. was incorporated in 1980 and is based in Charlotte, North Carolina.
Company Details
- SectorIndustrials
- IndustryConglomerates
- CEOMr. Nicholas John Swenson
- Employees1.67K
- Headquarters11020 David Taylor Drive, Charlotte, NC, United States, 28262, USA
- Websitehttps://www.airt.com
Leadership
- Mr. Nicholas John SwensonChairman, President & CEO · b. 1969
- Ms. Tracy KennedyChief Financial Officer, Chief Accounting Officer & Treasurer · b. 1991
- Mr. Mark R. Jundt J.D.Secretary & General Counsel · b. 1981
- Ms. Katrina Marie-Kramer PhilpChief of Staff · b. 1985
- Ms. Althea ArvinChief Executive Officer of Stratus Aero Partners
- Mr. Michael MooreChief Executive Officer of Global Ground Support LLC
- Mr. Michael BandalanCEO of Mountain Air Cargo, Inc., Royal Aircraft Svcs. Worldwide Aircraft Svcs., Inc. & CSA Air, Inc.
- Mr. Dave BixlerPresident of Jet Yard, LLC & Air'Zona Aircraft Services, Inc.
- Mr. Paul StewartPresident of Ambry Hill Technologies
- Mr. Richard LeeChief Executive Officer of Delphax Solutions, Inc.
Financials
Income Statement
Balance Sheet
Cash Flow
Earnings
Key Statistics & Ratios
Ownership Breakdown
- Institutions
- 0.03%
- Insiders
- 0.00%
- Retail / Other
- 99.97%
Top Institutional Holders
- Bessemer Group Inc60.00%
Dividends
Stock Splits
- Jan 14, 20201:10