Air T

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Air T, Inc. is a holding company, which engages in the provision of overnight air freight service to the express delivery industry, manufactures and sells aircraft deicers and other industrial equipment, and provides ground support equipment and facilities maintenance to airlines. It operates through the following segments: Overnight Air Cargo, Ground Equipment Sales, Ground Support Services, Printing Equipment & Maintenance, Commercial Aircrafts Engines & Parts, Printing Equipment & Maintenance and Corporate & Other. The Overnight Air Cargo segment operates in the air express delivery services industry. The Ground Equipment Sales segment manufactures and provides mobile deicers and other specialized equipment products to passenger and cargo airlines, airports, the military and industrial customers. The Ground Support Services segment offers ground support equipment maintenance and facilities maintenance services to domestic airlines and aviation service providers. The Commercial Aircrafts, Engines & Parts segment manages and leases aviation assets, supplies surplus and aftermarket commercial jet engine components, provides commercial aircraft disassembly, part-out services, and commercial aircraft parts sales. The Printing Equipment & Maintenance segment designs, manufactures, and sells advanced digital print production equipment and provides maintenance services to commercial customers. The Corporate & Other segment acts as the capital allocator and resource for other segments. The company was founded in 1980 and is headquartered in Charlotte, NC.

This press release corrects, replaces and entirely supersedes the prior version published on November 10, 2022 at 4:30 PM EST DENVER, NC / ACCESSWIRE / November 11, 2022 / Air T, Inc. (NASDAQ:AIRT) is an industrious American company with a portfolio of businesses, each of which is independent yet interrelated. We seek dynamic individuals and teams to operate companies using processes that increase value over time.

CORRECTION: Air T, Inc. Reports Second Quarter Fiscal 2023 Results

DENVER, NC / ACCESSWIRE / November 10, 2022 / Air T, Inc. (NASDAQ:AIRT) is an industrious American company with a portfolio of businesses, each of which is independent yet interrelated. We seek dynamic individuals and teams to operate companies using processes that increase value over time.

Air T, Inc. Reports Second Quarter Fiscal 2023 Results

DENVER, NC / ACCESSWIRE / August 12, 2022 / Air T, Inc. (NASDAQ:AIRT) is an industrious American company with a portfolio of businesses, each of which is independent yet interrelated. We seek dynamic individuals and teams to operate companies using processes that increase value over time.

Air T, Inc. Reports First Quarter Fiscal 2023 Results

DENVER, NC / ACCESSWIRE / August 10, 2022 / Air T, Inc. (NASDAQ:AIRT) announced today that the Company's 2022 Annual Meeting of Stockholders (the "Annual Meeting") will be available to attendees via webcast as well as in person. As previously announced, the Annual Meeting will be held on Wednesday, August 17, 2022 at 8:30AM, Central Time.

Air T, Inc. Announces Webcast Availability for 2022 Annual Meeting of Stockholders

NEW YORK , July 12, 2022 /PRNewswire/ -- Ashland Place Finance LLC ("Ashland Place"), a commercial aviation financing platform, and Crestone Air Partners, Inc. ("Crestone"), a full-service aviation asset management platform, today announced the closing of an engine facility financing four CFM56 engines on lease to Cebu Air, Inc. (Philippines) and TUI Airways Limited (UK). "We are pleased to welcome Crestone as a new member of our commercial aviation financing platform," said Jennifer Villa, Ashland Place's Executive Director and Group Head.

Ashland Place Announces Closing of Engine Facility Deal with Crestone Air Partners

MINNEAPOLIS, MN / ACCESSWIRE / July 8, 2022 / AIR T, INC (NASDAQ:AIRT) today announced the formation of Crestone Air Partners, Inc. ("Crestone"), a wholly owned subsidiary focused on trading, leasing, and managing commercial aviation assets. Crestone's leadership has over 100 years of combined aviation industry experience.

Air T Inc Announces Formation Of Crestone Air Partners - Independent Yet Interrelated Division Focusing on Leasing and Managing Commercial Aviation Assets

DENVER, NC / ACCESSWIRE / June 28, 2022 / Air T, Inc. (NASDAQ:AIRT) is an industrious American company with a portfolio of businesses, each of which is independent yet interrelated. We seek dynamic individuals and teams to operate companies using processes that increase value over time.

Air T, Inc. Reports Fiscal 2022 Results

DENVER, NC / ACCESSWIRE / February 14, 2022 / Air T, Inc. (NASDAQ:AIRT) is an industrious American company with a portfolio of businesses, each of which is independent yet interrelated. We seek dynamic individuals and teams to operate companies using processes that increase value over time.

Air T, Inc. Reports Third Quarter Fiscal 2022 Results

DENVER, NC / ACCESSWIRE / February 10, 2022 / Air T, Inc. (NASDAQ:AIRT) ("Air T") announces the following record dates and payments dates for its Alpha Income Preferred (AIP) securities (NASDAQ:AIRTP) during 2022 and 2023. Cash distributions on the AIP are in the amount of $0.50 per share (a rate of 8.0% of par value per annum).

Air T, Inc. Announces Record and Payment Dates for Alpha Income Preferred Securities (AIRTP)

DENVER, NC / ACCESSWIRE / November 12, 2021 / Air T, Inc. (NASDAQ:AIRT) is an industrious American company with a portfolio of businesses, each of which is independent yet interrelated. We seek dynamic individuals and teams to operate companies using processes that increase value over time.

Air T, Inc. Reports Second Quarter Fiscal 2022 Results

DENVER, NC / ACCESSWIRE / August 12, 2021 / Air T, Inc. (NASDAQ:AIRT) is an industrious American company with a portfolio of businesses, each of which is independent yet interrelated. We seek dynamic individuals and teams to operate companies using processes that increase value over time.

Air T, Inc. Reports First Quarter Fiscal 2022 Results

DENVER, NC / ACCESSWIRE / June 25, 2021 / Air T, Inc. (NASDAQ:AIRT) is an industrious American company with a portfolio of businesses, each of which is independent yet interrelated. We seek dynamic individuals and teams to operate companies using processes that increase value over time.

Air T, Inc. Reports Fiscal 2021 Results

Warrants (AIRTW) to purchase Alpha Income Preferred Securities (AIRTP) will expire August 30, 2021, as previously announced DENVER, CO / ACCESSWIRE / June 23, 2021 / Air T, Inc. (NASDAQ:AIRT), announced today that the Warrants ("Warrants") (NASDAQ:AIRTW) to purchase its Alpha Income Preferred (AIP) securities of Air T Funding (NASDAQ:AIRTP) will not be extended. After two generous extensions, the Warrants will expire as scheduled on August 30, 2021.

Air T Announces It Will Not Extend the Warrants (AIRTW) to Purchase Alpha Income Preferred Securities (AIRTP) Beyond August 30, 2021

New Asset Management Business Focused on Acquiring, Trading and Leasing Commercial Jet Aircraft DENVER, NC / ACCESSWIRE / May 6, 2021 / Air T, Inc. (NASDAQ:AIRT), an industrious American holding company which operates a group of independent, yet interrelated, aviation businesses, today announced the formation of a new aircraft asset management business called Contrail Asset Management ("CAM"), and a new aircraft capital joint venture called Contrail JV II LLC ("CJVII"). The new joint venture has been formed as a scalable asset management platform that complements Air T's existing operating businesses.

Air T Launches Aviation Asset Management Vehicle With up to $408m Equity Capital

Air T has been hit hard by the pandemic. Ground Services and their de-icing machines have proved to be a bright spot.

Air T: Pass On This Pandemic Recovery Play

DENVER, NC / ACCESSWIRE / January 11, 2021 / Air T, Inc. (NASDAQ:AIRT) ("Air T") announced today that the Warrants ("Warrants") (NASDAQ:AIRTW) to purchase its Alpha Income Preferred (AIP) securities of Air T Funding (NASDAQ:AIRTP) have been extended through August 30, 2021. The Warrants were scheduled to expire on January 15, 2021.

Air T, Inc. Announces Extension of Warrants (AIRTW) to purchase Alpha Income Preferred Securities (AIRTP) Through August 30, 2021

DENVER, NC / ACCESSWIRE / December 23, 2020 / Air T, Inc. (NASDAQ:AIRT) announced today that it has entered into letters of intent with three separate, large investment and asset management firms (the "Investors") to form a new aircraft asset management business to be called Contrail Aircraft Management ("CAM"), and a new aircraft capital joint venture to be called Contrail Fund II ("CFII"). The parties presently expect the new business and joint venture to be formed and capitalized by the end of January 2021.

Air T, Inc. Announces Intent to Form New Aircraft Equity Vehicle

News for Air T Stock (AIRT)