Air T, Inc. (OQ:AIRT)

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....