Air T Inc (OQ:AIRT)
Business Focus: Courier Services
Apr 17, 2024 12:30 pm ET
The145.com Announces Technology Partnership Aimed at Benefitting Its Aviation Aftermarket Parts Suppliers and MROs
CAMBRIDGE, MN / ACCESSWIRE / April 17, 2024 / In a significant move, The145 is excited to announce a strategic partnership with Ambry Hill Technologies, advocating for its innovative cloud-based Vista-Quote RFQ and quote management platform. This collaboration is poised to transform how The145 customers handle inbound requests for quotes (RFQ) volume, offering a more efficient and seamless quote response process.
Mar 05, 2024 04:05 pm ET
Air T, Inc. Secures $15.0 Million in Private and Non-Recourse Debt Transaction, Propelling Strategic Growth Initiatives
MINNEAPOLIS, MN / ACCESSWIRE / March 5, 2024 / Air T, Inc. (NASDAQ:AIRT) (the "Company") recently announced the closing of a direct, structured $15,000,000 private note transaction with a major pension plan on February 22, 2024 (the "Transaction"). The Transaction involved 7-year notes bearing 8.5% interest per annum.
Feb 12, 2024 04:25 pm ET
Air T, Inc. Reports Third Quarter Fiscal 2024 Results
CHARLOTTE, NC / ACCESSWIRE / February 12, 2024 / 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. We believe we can apply corporate resources to help activate growth and overcome challenges.
Jan 22, 2024 12:03 pm ET
Air T, Inc. Announces Dividend Dates for Air T Funding Alpha Income Preferred Securities (AIRTP)
CHARLOTTE, NC, January 22, 2024 - Air T, Inc. (NASDAQ: AIRT) ("Air T") announces the following dividend dates and record dates for Air T Funding Alpha Income Preferred (AIP) securities (NASDAQ: AIRTP) during 2024 and 2025. Cash distributions on the AIP are in the amount of $0.50 per share (a rate of 8.0% per annum).
Jan 17, 2024 08:00 am ET
Ashland Place Completes 3-Aircraft Financing for Atalaya Capital Management and Crestone Air Partners
NEW YORK, Jan. 17, 2024 /PRNewswire/ -- Ashland Place Finance LLC ("Ashland Place"), a commercial aviation financing platform, today announced the completion of a new facility financing the acquisition of three B737-800 freighters for Atalaya Capital Management ("Atalaya") and Crestone Air Partners ("Crestone").
Nov 28, 2023 06:10 pm ET
Air T, Inc. Announces Completion of $4.0 million Private Placement of Trust Preferred Securities
CHARLOTTE, NC / ACCESSWIRE / November 28, 2023 / Today The Company announces the completion of a private placement of $4.0 million of its 8% Trust Preferred Securities (NASDAQ:AIRTP) at a price of $17.00 per share for a 12.1% yield to maturity. This offering complements the Company's currently active program to sell up to $5.4 million of 8% Trust Preferred Securities ("TruPs") through its at-the-market offering. The principal buyers of the private placement were its largest shareholder and their affiliates. Moreover, the private placement buyers have an option to buy
Nov 13, 2023 06:00 pm ET
Air T, Inc. Reports Second Quarter Fiscal 2024 Results
CHARLOTTE, NC / ACCESSWIRE / November 13, 2023 / 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. We believe we can apply corporate resources to help activate growth and overcome challenges.
Aug 11, 2023 04:30 pm ET
Air T, Inc. Reports First Quarter Fiscal 2024 Results
CHARLOTTE, NC / ACCESSWIRE / August 11, 2023 / 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. We believe we can apply corporate resources to help activate growth and overcome challenges.
Aug 11, 2023 01:20 pm ET
Air T, Inc. Announces Webcast Availability for 2023 Annual Meeting of Stockholders
CHARLOTTE, NC / ACCESSWIRE / August 11, 2023 / AIR T, INC (NASDAQ:AIRT) announced today that the Company's 2023 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 16, 2023, at 8:30 AM, Central Time. Stockholders will be able to physically attend the Annual Meeting or participate via webcast. Directors and members of management will be physically in attendance at the Company's St. Louis Park office.
Jun 27, 2023 11:30 am ET
Air T, Inc. Reports Fiscal 2023 Results
CHARLOTTE, NC / ACCESSWIRE / June 27, 2023 / 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. We believe we can apply corporate resources to help activate growth and overcome challenges.
May 18, 2023 04:30 pm ET
Air T, Inc. Announces Commencement of Exchange Offer
DENVER, NC / ACCESSWIRE / May 18, 2023 / Air T, Inc. (NASDAQ:AIRT) ("AIRT" or the "Company") today announced the official commencement of an exchange offer for up to 138,000 of its shares of common stock, $0.25 par value per share ("Common Shares"). As first announced on March 28, 2023, the Company will acquire Common Shares in exchange for consideration consisting of newly‑issued shares of Air T Funding 8.0% Alpha Income Trust Preferred Securities valued at their liquidation preference $25.00 per share ("Tru
Apr 11, 2023 09:45 am ET
Ambry Hill Technologies Automates Aviation Aftermarket RFQ Quoting With Artificial Intelligence (AI)
A shining example of putting the power of AI directly in the hands of end-users to create real-world and practical benefits in the aviation aftermarket community.
Mar 28, 2023 04:25 pm ET
Air T, Inc. Announces Exchange Offer for up to 138,000 Common Shares in Exchange for Shares of Air T Funding 8.0% Alpha Income Trust Preferred Securities (TruPs)
Company to Conduct "Modified Dutch Auction" for up to 138,000 Common Shares in Exchange for TruPs; Offer Price Between 1.05 and 1.4 TruPs Per Share Represents a Premium of 13% to 51% Over Current Market Price
Feb 21, 2023 04:00 pm ET
Mountain Air Cargo Inc Launches World's First Cessna 408 SkyCourier In Florida
Inaugural C408 SkyCourier Flight Operations Expands Mountain Air Cargo's New Aircraft Fleet and Advances Pilot Career Opportunities
Feb 10, 2023 04:15 pm ET
Air T, Inc. Reports Third Quarter Fiscal 2023 Results
DENVER, NC / ACCESSWIRE / February 10, 2023 / 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. We believe we can apply corporate resources to help activate growth and overcome challenges.
Nov 11, 2022 12:45 pm ET
CORRECTION: Air T, Inc. Reports Second Quarter Fiscal 2023 Results
This press release corrects, replaces and entirely supersedes the prior version published on November 10, 2022 at 4:30 PM EST
Nov 10, 2022 04:30 pm ET
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. We believe we can apply corporate resources to help activate growth and overcome challenges.
Aug 12, 2022 04:15 pm ET
Air T, Inc. Reports First 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. We believe we can apply corporate resources to help activate growth and overcome challenges.
Aug 10, 2022 04:30 pm ET
Air T, Inc. Announces Webcast Availability for 2022 Annual Meeting of Stockholders
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. Stockholders will be able to physically attend the Annual Meeting or participate via webcast. Directors and members of management will be physically in attendance at the Company's St. Louis Park office.
Jul 12, 2022 09:00 am ET
Ashland Place Announces Closing of Engine Facility Deal with Crestone Air Partners
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).
Jul 08, 2022 03:45 pm ET
Air T Inc Announces Formation Of Crestone Air Partners - Independent Yet Interrelated Division Focusing on Leasing and Managing Commercial Aviation Assets
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. Crestone will service our previously announced aircraft asset management joint venture (the "2021 JV"), and work closely with our capital partners to invest in aviation assets through the 2021 JV. As of June 30, 2022, the
Jun 28, 2022 04:20 pm ET
Air T, Inc. Reports Fiscal 2022 Results
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. We believe we can apply corporate resources to help activate growth and overcome challenges.
Feb 14, 2022 05:10 pm ET
Air T, Inc. Reports Third Quarter 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. We believe we can apply corporate resources to help activate growth and overcome challenges.
Feb 10, 2022 01:30 pm ET
Air T, Inc. Announces Record and Payment Dates for Alpha Income Preferred Securities (AIRTP)
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).
Nov 12, 2021 04:15 pm ET
Air T, Inc. Reports Second Quarter Fiscal 2022 Results
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. We believe we can apply corporate resources to help activate growth and overcome challenges.
Aug 12, 2021 05:15 pm ET
Air T, Inc. Reports First 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. We believe we can apply corporate resources to help activate growth and overcome challenges.
Jun 25, 2021 04:10 pm ET
Air T, Inc. Reports Fiscal 2021 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. We believe we can apply corporate resources to help activate growth and overcome challenges.
Jun 23, 2021 04:05 pm ET
Air T Announces It Will Not Extend the Warrants (AIRTW) to Purchase Alpha Income Preferred Securities (AIRTP) Beyond August 30, 2021
Warrants (AIRTW) to purchase Alpha Income Preferred Securities (AIRTP) will expire August 30, 2021, as previously announced
May 06, 2021 04:15 pm ET
Air T Launches Aviation Asset Management Vehicle With up to $408m Equity Capital
New Asset Management Business Focused on Acquiring, Trading and Leasing Commercial Jet Aircraft
Feb 12, 2021 03:00 pm ET
Air T, Inc. Reports Third Quarter Fiscal 2021 Results
DENVER, NC / ACCESSWIRE / February 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. We believe we can apply corporate resources to help activate growth and overcome challenges.
Jan 11, 2021 04:30 pm ET
Air T, Inc. Announces Extension of Warrants (AIRTW) to purchase Alpha Income Preferred Securities (AIRTP) Through August 30, 2021
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.
Dec 23, 2020 05:00 pm ET
Air T, Inc. Announces Intent to Form New Aircraft Equity Vehicle
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. The new business and joint venture ar
Nov 12, 2020 08:00 am ET
Air T, Inc. Reports Second Quarter Fiscal 2021 Results
DENVER, NC / ACCESSWIRE / November 12, 2020 / 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. We believe we can apply corporate resources to help activate growth and overcome challenges.
Sep 02, 2020 11:00 am ET
Air T, Inc. Announces Extension of Warrants (AIRTW) to purchase Alpha Income Preferred Securities (AIRTP) Through January 15, 2021
DENVER, NC / ACCESSWIRE / September 2, 2020 / 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 January 15, 2021. The Warrants were scheduled to expire on September 8, 2020.
Aug 14, 2020 04:25 pm ET
Air T, Inc. Reports First Quarter Fiscal 2021 Results
DENVER, NC / ACCESSWIRE / August 14, 2020 / 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. We believe we can apply corporate resources to help activate growth and overcome challenges.
Jul 29, 2020 05:05 pm ET
Air T, Inc. Moves 2020 Annual Meeting of Stockholders to Virtual-Only Format
DENVER, NC / ACCESSWIRE / July 29, 2020 / Air T, Inc. (NASDAQ:AIRT) ("Air T") announced today that the place of the Company's 2020 Annual Meeting of Stockholders (the "Annual Meeting") has been changed. As previously announced, the Annual Meeting will be held on Wednesday, August 12, 2020 at 8:30 AM, Central Time. In light of public health concerns regarding the COVID-19 outbreak, the Annual Meeting will be held in a virtual meeting format only. Stockholders will not be able to physically attend the Annual Meeting, and no directors or members of managem
Jun 26, 2020 05:25 pm ET
Air T, Inc. Reports Fiscal 2020 Results
DENVER, NC / ACCESSWIRE / June 26, 2020 / Air T, Inc. (NASDAQ:AIRT) is an industrious American company with a networked portfolio of businesses, each of which is independent yet interrelated. We seek to identify and empower individuals and teams who will operate businesses well, increasing value over time. We believe we can apply corporate resources to help activate growth and overcome challenges. We seek to build a valuable enterprise over the long-term.
Jun 09, 2020 07:15 pm ET
Air T, Inc. Announces Extension of Warrants (AIRTW) to purchase Alpha Income Preferred Securities (AIRTP) Through September 8, 2020
DENVER, NC / ACCESSWIRE / June 9, 2020 / 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 September 8, 2020. The Warrants were scheduled to expire on June 10, 2020.
Feb 14, 2020 11:05 am ET
Air T, Inc. Reports Third Quarter Fiscal 2020 Results
DENVER, NC / ACCESSWIRE / February 14, 2020 / Air T, Inc. (NASDAQ:AIRT) is organized as a portfolio of powerful businesses, each of which is independent yet interrelated. These include overnight air cargo operations; ground support equipment manufacturing; and commercial aircraft management, leasing and logistics. Today the Company announced results for its fiscal quarter ended December 31, 2019.
Feb 13, 2020 04:20 pm ET
Air T, Inc. Reports Third Quarter Fiscal 2020 Results
DENVER, NC / ACCESSWIRE / February 13, 2020 / Air T, Inc. (NASDAQ:AIRT) is organized as a portfolio of powerful businesses, each of which is independent yet interrelated. These include overnight air cargo operations; ground support equipment manufacturing; and commercial aircraft management, leasing and logistics. Today the Company announced results for its fiscal quarter ended December 31, 2019.
Feb 04, 2020 11:25 am ET
Air T, Inc. Announces Record Date, Payment Date and Payment Rate for Distribution on Alpha Income Preferred Securities
DENVER, NC / ACCESSWIRE / February 4, 2020 / Air T, Inc. (NASDAQ:AIRT) ("Air T") announced today the record date, payment date and payment rate for the next quarterly cash distribution on its Alpha Income Preferred (AIP) securities (NASDAQ:AIRTP), which provide for distributions at the rate of 8.0% per annum on the stated value of $25.00 per share of AIP (reflecting a one-for-ten reverse split that was effective January 14, 2020). The distribution will be paid on Monday, February 17, 2020, to holders as of the Record Date of February 14, 2020. This distribution will
Jan 07, 2020 03:00 pm ET
Air T, Inc. Announces Reverse Split of Alpha Income Preferred Securities (AIRTP) Effective January 14, 2020
DENVER, NC / ACCESSWIRE / January 7, 2020 / Air T, Inc. (NASDAQ:AIRT) ("Air T") announced today that a one-for-ten reverse split of its Alpha Income Preferred (AIP) securities (NASDAQ:AIRTP) will be completed effective January 14, 2020. The record date for the reverse split will be January 14, 2020, and as of that date, the CUSIP number for the AIP will be 00919P 302. Cash will be paid for fractional shares of AIP.
Nov 26, 2019 04:45 pm ET
Air T, Inc. Announces Resignation of Andrew Stumpf, Board Member
MINNEAPOLIS, MN / ACCESSWIRE / November 26, 2019 / AIR T, INC. (NASDAQ:AIRT), a company organized as a portfolio of powerful businesses that operate independently yet interrelatedly, today announced the resignation of Andrew Stumpf, a member of its Board of Directors.
Nov 12, 2019 06:15 pm ET
Air T, Inc. Reports Second Quarter Fiscal 2020 Results
DENVER, NC / ACCESSWIRE / November 12, 2019 / Air T, Inc. (NASDAQ:AIRT) is organized as a portfolio of powerful businesses, each of which is independent yet interrelated. These include overnight air cargo operations; ground support equipment manufacturing; and commercial aircraft management, leasing and logistics. Today the Company announced results for its fiscal quarter ended September 30, 2019.
Nov 05, 2019 04:30 pm ET
Air T, Inc. Announces Record Date, Payment Date and Payment Rate for Distribution on Alpha Income Preferred Securities
DENVER, NC / ACCESSWIRE / November 5, 2019 / Air T, Inc. (NASDAQ:AIRT) ("Air T") announced today the record date, payment date and payment rate for the next quarterly cash distribution on its Alpha Income Preferred (AIP) securities (NASDAQ: AIRTP), which provide for distributions at the rate of 8.0% per annum on the stated value of $2.50 per share of AIP. The distribution payment date will be Friday, November 15, 2019, to holders as of the Record Date of November 14, 2019. This distribution will cover the period from August 27, 2019, the date of the previous distribu
Aug 16, 2019 08:00 am ET
Air T, Inc. Announces Record Date, Payment Date and Payment Rate for Initial Distribution on Alpha Income Preferred Securities
DENVER, NC / ACCESSWIRE / August 16, 2019 / Air T, Inc. (NASDAQ:AIRT) ("Air T") announced today the record date, payment date and payment rate for the initial quarterly cash on its Alpha Income Preferred (AIP) securities (NASDAQ:AIRTP), which provide for distributions at the rate of 8.0% per annum on the stated value of $2.50 per share of AIP. The distribution payment date will be Tuesday, August 27, 2019, to holders as of the Record Date of August 26, 2019. This initial distribution will cover the period from June 10, 2019, the date of initial issuance, to the payme
Aug 14, 2019 05:45 pm ET
Air T, Inc. Reports First Quarter Fiscal 2020 Results
DENVER, NC, / ACCESSWIRE / August 14, 2019 / Air T, Inc. (NASDAQ:AIRT) is organized as a portfolio of powerful businesses, each of which is independent yet interrelated. These include overnight air cargo operations; ground support equipment manufacturing; ground support equipment maintenance services; and commercial aircraft management, leasing and logistics. Today the Company announced results for its fiscal quarter ended June 30, 2019.
Jun 28, 2019 04:30 pm ET
Air T, Inc. Announces Fiscal 2019 Earnings
DENVER, NC / ACCESSWIRE / June 28, 2019 / Air T, Inc. (NASDAQ: AIRT) is a holding company with a portfolio of operating businesses and financial assets. These operating businesses include overnight air cargo operations, ground support equipment manufacturing and maintenance services, and commercial aircraft leasing, trading, and parts sales. Our goal is to prudently and strategically grow Air T's earnings and compound its free cash flow per share over time.
May 29, 2019 04:44 pm ET
Air T, Inc. Announces Record Date and Proposed Distribution Date for Distribution of Alpha Income Preferred Securities and Warrants to Holders of its Common Stock and 50% Common Stock Dividend
Air T, Inc. (NASDAQ: AIRT) ("Air T") announced today the record date and proposed distribution date for its issuance and distribution of $4 million in face value of a new 8% fixed income security, Alpha Income Preferred (AIP), pro rata to existing...
Mar 28, 2019 04:45 pm ET
Air T, Inc. Announces Resignation Of Brett Reynolds, Chief Financial Officer
DENVER, N.C., March 28, 2019 /PRNewswire/ -- AIR T, INC. (NASDAQ:AIRT), a diversified holding company organized as a portfolio of powerful businesses and financial assets that operate independently yet interrelatedly, today announced the resignation of Brett Reynolds, its Chief Financial Officer.
Feb 14, 2019 03:35 pm ET
Air T, Inc. Reports Third Quarter Fiscal 2019 Results
DENVER, N.C., Feb. 14, 2019 /PRNewswire/ -- Air T, Inc. (NASDAQ: AIRT) is organized as a portfolio of powerful businesses, each of which is independent yet interrelated. These include overnight air cargo operations; ground support equipment manufacturing; ground support equipment maintenance services; and commercial aircraft management, leasing and logistics. Today the Company announced results for its fiscal quarter ended December 31, 2018.
Nov 13, 2018 04:15 pm ET
Air T, Inc. Reports Second Quarter Fiscal 2019 Results
DENVER, N.C., Nov. 13, 2018 /PRNewswire/ -- Air T, Inc. (NASDAQ: AIRT) is organized as a portfolio of powerful businesses and financial assets, each of which is independent yet interrelated. Today the Company announced results for its fiscal quarter ended September 30, 2018.
Aug 14, 2018 11:38 am ET
Diversified Holding Company Air T, Inc. Q1 2019 Revenue Rose 28% to $60.9M And Q1 2019 Operating Income Rose 18% to $2.6M; Announces Consideration of Trust Preferred Offering
DENVER, N.C., Aug. 14, 2018 /PRNewswire/ -- Air T, Inc. (NASDAQ: AIRT) is organized as a powerful portfolio of businesses and financial assets, each of which is independent yet interrelated. These include overnight air cargo operations, ground support equipment manufacturing and local maintenance services, and commercial aircraft asset management and logistics. Today the Company is reporting continued improved financial performance for its fiscal quarter ended June 30, 2018.
Jul 30, 2018 06:00 am ET
Insignia Systems, Inc. Voting Shareholders Overwhelmingly In Favor of “Item #6, Approval of Voting Rights” Proposed by Air T, Inc.
Air T, Inc. (NASDAQ:AIRT), an industrious holding company with a portfolio of powerful businesses and financial assets, today commented on the voting results of the 2018 Annual Meeting of Shareholders of Insignia Systems, Inc. (NASDAQ:ISIG) held on...
Jul 05, 2018 06:00 am ET
Leading Independent Proxy Advisor ISS Recommends Insignia Systems, Inc. Shareholders Vote FOR “Item #6, Approval of Voting Rights” Proposed by Air T, Inc.
Air T, Inc. (NASDAQ:AIRT), a company with a portfolio of powerful businesses and financial assets that include overnight air cargo operations, ground support equipment manufacturing and local maintenance services, and commercial aircraft asset...
Jul 02, 2018 06:00 am ET
Leading Independent Advisory Firm Glass Lewis Recommends Insignia Systems, Inc. Shareholders Vote FOR "Item #6, Approval of Voting Rights” Proposed by Air T, Inc.
Air T, Inc. (NASDAQ:AIRT) is a diversified holding company with a powerful portfolio of businesses and financial assets, including overnight air cargo operations, ground support equipment manufacturing and local maintenance services, and commercial...
Jun 29, 2018 12:05 pm ET
Diversified Holding Company Air T, Inc. FY 2018 Revenue Rose 31% to $194.5M and FY 2018 EPS Improved to $1.11
DENVER, N.C., June 29, 2018 /PRNewswire/ -- Air T, Inc. (NASDAQ: AIRT) is organized as a powerful portfolio of businesses and financial assets, each of which is independent yet interrelated. These include overnight air cargo operations, ground support equipment manufacturing and local maintenance services, and commercial aircraft asset management and logistics. Today the Company is reporting improved financial performance for its fiscal year-ended March 31, 2018.
May 30, 2018 06:00 am ET
Diversified Holding Company Air T, Inc. Brings Legal Affairs In-house by Naming Mark Jundt as General Counsel
Air T, Inc. (NASDAQ:AIRT), a diversified holding company with operations in air cargo, aviation ground support equipment and services, and aircraft engine and airframe parts sales, today announced that Mark Jundt, formerly Principal Legal Counsel...
May 09, 2018 06:00 am ET
Diversified Holding Company Air T, Inc. Names Brett Reynolds as SVP and CFO
Air T, Inc., (NASDAQ:AIRT), a diversified holding company with operations in air cargo, aviation ground support equipment and services, and aircraft engine sales, today announced that it has appointed Brett Reynolds as Senior Vice President, Chief...
Feb 14, 2018 02:35 pm ET
Air T, Inc. Reports Unaudited Third Quarter Earnings
DENVER, N.C., Feb. 14, 2018 /PRNewswire/ -- Air T, Inc. ("Air T" or the "Company") (NASDAQ: AIRT) today reported consolidated net loss attributable to Air T, Inc. stockholders of $672,000 ($0.33 per diluted share) for the fiscal 2018 third quarter ended December 31, 2017 as compared to consolidated net income attributable to Air T, Inc. stockholders of $1,220,000 ($0.60 per diluted share) for the fiscal 2017 comparable period.
Nov 14, 2017 06:30 am ET
Air T, Inc. Reports Unaudited Second Quarter Earnings
DENVER, N.C., Nov. 14, 2017 /PRNewswire/ -- Air T, Inc. (Air T) (NASDAQ: AIRT) today reported consolidated net income attributable to Air T, Inc. stockholders of $422,000 ($0.21 per diluted share) for the fiscal 2018 second quarter ended September 30, 2017 as compared to consolidated net income attributable to Air T, Inc. stockholders of $1,084,000 ($0.53 per diluted share) for the fiscal 2017 comparable period.
Oct 26, 2017 06:08 pm ET
Air T, Inc. Reports Unaudited First Quarter Earnings
DENVER, N.C., Oct. 26, 2017 /PRNewswire/ -- Air T, Inc. (Air T) (NASDAQ: AIRT) today reported consolidated net income attributable to Air T, Inc. stockholders of $968,000 ($0.47 per diluted share) for the fiscal 2018 first quarter ended June 30, 2017 as compared to consolidated net loss attributable to Air T, Inc. stockholders of $5,751,000 ($2.42 per diluted share) for the fiscal 2017 comparable period.
Oct 13, 2017 06:35 pm ET
Air T, Inc. Reports Fiscal 2017 Results
DENVER, N.C., Oct. 13, 2017 /PRNewswire/ -- Air T, Inc. (Air T) (NASDAQ: AIRT) today reported a consolidated net loss attributable to Air T, Inc. stockholders of $3,214,000 ($1.51 per diluted share) for fiscal 2017, which ended March 31, 2017, compared to restated consolidated net income attributable to Air T, Inc. stockholders of $4,414,000 ($1.84 per diluted share) for fiscal 2016.
Sep 28, 2017 05:15 pm ET
Air T, Inc. Granted 180-Day Extension By NASDAQ Stock Market To Regain Compliance With Listing Requirements
DENVER, N.C., Sept. 28, 2017 /PRNewswire/ -- Air T, Inc. ("Air T" or the "Company") (NASDAQ: AIRT) announced today that The NASDAQ Stock Market ("NASDAQ") granted the Company a 180-day extension to meet the requirements for continued listing on its exchange.
Aug 24, 2017 05:45 pm ET
Air T, Inc. Receives NASDAQ Notice Letter
DENVER, N.C., Aug. 24, 2017 /PRNewswire/ -- Air T, Inc. ("Air T" or the "Company") (NASDAQ: AIRT) announced today that it has received an anticipated letter from the Listing Qualifications Department of The NASDAQ Stock Market ("NASDAQ") notifying the Company of its noncompliance with NASDAQ Listing Rule 5250(c)(1) because the Company has not yet filed its Quarterly Report on Form 10-Q for the period ended June 30, 2017 (the "Form 10-Q").
Jul 24, 2017 06:30 pm ET
Air T, Inc. Receives NASDAQ Notice Letter
MAIDEN, N.C., July 24, 2017 /PRNewswire/ -- Air T, Inc. (Air T) (NASDAQ: AIRT) announced today that it has received an anticipated letter from the Listing Qualifications Department of The NASDAQ Stock Market ("NASDAQ") notifying the Company of its noncompliance with NASDAQ Listing Rule 5250(c)(1) because the Company has not yet filed its Annual Report on Form 10-K for the year ended March 31, 2017 ("Form 10-K").
Feb 13, 2017 08:05 am ET
Air T, Inc. Reports Unaudited Third Quarter Earnings
MAIDEN, N.C., Feb. 13, 2017 /PRNewswire/ -- Air T, Inc. (Air T) (NASDAQ: AIRT) today reported consolidated net earnings of $856,000 ($0.42 per diluted share) for fiscal 2017's third quarter ended December 31, 2016 compared to consolidated net earnings of $2,971,000 ($1.24 per diluted share) for the similar fiscal 2016 period.
Dec 06, 2016 04:30 pm ET
Global Aviation Services Awarded GSE Maintenance Contract from Delta Air Lines
MAIDEN, N.C., Dec. 6, 2016 /PRNewswire/ -- Air T, Inc. (NASDAQ: AIRT) today announced that its subsidiary, Global Aviation Services, LLC (Global), has been notified by Delta Air Lines (Delta) that Global had been awarded a five-year contract for 28 locations in connection with Delta's 2016 ground support equipment (GSE) maintenance RFP process. The total annualized revenue of the new award and services at other Delta locations not part of the 2016 RFP process is anticipated by Global to be approximately $8.1 million, compared with annualized revenue under existing arrangements with Delta of
Nov 14, 2016 04:35 pm ET
Air T, Inc. Reports Unaudited Second Quarter Earnings
MAIDEN, N.C., Nov. 14, 2016 /PRNewswire/ -- Air T, Inc. (Air T) (NASDAQ: AIRT) today reported consolidated net earnings of $1,069,000 ($0.52 per diluted share) for fiscal 2017's second quarter ended September 30, 2016 compared to consolidated net earnings of $3,794,000 ($1.58 per diluted share) for the similar fiscal 2016 period.
Nov 02, 2016 05:30 pm ET
Global Aviation Services, LLC Acquires D&D GSE
EAGAN, Minn., Nov. 2, 2016 /PRNewswire/ -- Global Aviation Services, LLC (Global) announced the acquisition of D&D GSE Support, Inc. (D&D) a leading ground support equipment (GSE) maintenance provider serving the Fort Lauderdale-Hollywood International Airport (FLL). The acquisition further enhances Global's market position in South Florida and marks the company's first acquisition. Global intends to pursue continued expansion by acquiring high quality GSE maintenance businesses across the country.
Sep 26, 2016 05:15 pm ET
Air T, Inc. Terminates Stockholder Rights Plan
MAIDEN, N.C., Sept. 26, 2016 /PRNewswire/ -- Air T, Inc. (Air T) (NASDAQ: AIRT) today announced that a special committee of independent members of its Board of Directors voted to amend Air T's stockholder rights plan adopted in December 2014 to terminate the preferred share purchase rights under plan at 5:00 p.m. (Eastern time) on September 26, 2016. Air T has entered into such an amendment to the stockholder rights plan, and as a result preferred share purchase rights distributed to stockholders under the plan will expire at 5:00 p.m. (Eastern time) on September 26, 2016. Stockholders are
Aug 15, 2016 05:20 pm ET
Air T, Inc. Reports Unaudited First Quarter Earnings
MAIDEN, N.C., Aug. 15, 2016 /PRNewswire/ -- Air T, Inc. (Air T) (NASDAQ: AIRT) today reported consolidated net loss attributable to Air T, Inc. stockholders of $3,676,000 ($1.55 per diluted share) for the fiscal 2017 first quarter ended June 30, 2016 as compared to consolidated net loss of $736,000 ($0.31 per diluted share) for the similar fiscal 2016 comparable period. As discussed below, Air T's consolidated financial results include the results of Delphax Technologies, Inc. ("Delphax") since November 24, 2015.
Aug 12, 2016 05:00 pm ET
Air T, Inc. To Report First Quarter Results On August 15
MAIDEN, N.C., Aug. 12, 2016 /PRNewswire/ -- Air T, Inc. (Air T) (NASDAQ: AIRT) announced that it will release its results for the first quarter ended June 30, 2016 on August 15, 2016.
Aug 09, 2016 10:00 am ET
Air T, Inc. To Report First Quarter Results On August 12
MAIDEN, N.C., Aug. 9, 2016 /PRNewswire/ -- Air T, Inc. (Air T) (NASDAQ: AIRT) announced that it will release its results for the first quarter ended June 30, 2016 on August 12, 2016.
Jun 29, 2016 09:05 am ET
Air T, Inc. Reports Fiscal 2016 Results
MAIDEN, N.C., June 29, 2016 /PRNewswire/ -- Air T, Inc. (NASDAQ Capital Market: AIRT) today reported consolidated net income attributable to Air T, Inc. stockholders of $4,943,000 ($2.06 per diluted share) for fiscal 2016, which ended March 31, 2016, compared to net income of $2,484,000 ($1.04 per diluted share) for fiscal 2015. Consolidated net income was $3,758,000 for the fiscal year 2016.
Mar 24, 2016 10:00 am ET
Global Ground Support Awarded Order from Southwest Airlines
MAIDEN, N.C., March 24, 2016 /PRNewswire/ -- Air T, Inc. (NASDAQ: AIRT) today announced that its subsidiary Global Ground Support, LLC was awarded an order from Southwest Airlines on March 10, 2016 in excess of $2.8 million for the supply of Global's Provisioning trucks. The Provisioning trucks will be equipped with Global's exclusive designed scissor-lift with two single stage hydraulic lift cylinders and payload capacity of 6,000 pounds.
Feb 05, 2016 08:00 am ET
Air T, Inc. Reports Unaudited Third Quarter Earnings
MAIDEN, N.C., Feb. 5, 2016 /PRNewswire/ -- Air T, Inc. (Air T) (NASDAQ: AIRT) today reported consolidated net income of $2,971,000 ($1.24 per diluted share) for the fiscal 2016 third quarter ended December 31, 2015 as compared to consolidated net income of $1,448,000 ($0.61 per diluted share) for the similar fiscal 2015 comparable period. As discussed below, Air T's consolidated financial results include the results of Delphax Technologies, Inc. ("Delphax") since November 24, 2015.
Jan 25, 2016 08:30 am ET
Air T, Inc. To Report Third Quarter Results On February 5
MAIDEN, N.C., Jan. 25, 2016 /PRNewswire/ -- Air T, Inc. (Air T) (NASDAQ: AIRT) announced that it will release its results for the third quarter ended December 31, 2015 on February 5, 2016.
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