28.69
+3.57%
Close of 9 Nov 2026, in USD
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About Air T
From its filings with the US Securities and Exchange Commission
Air T is based in Charlotte, North Carolina and is incorporated in Delaware. Its shares trade on Nasdaq under the ticker AIRT. The SEC classifies its business as air courier services. In the fiscal year to 31 March 2026, it reported revenue of $327.1m and net income of $78.0m. At that date it held total assets of $409.1m and shareholders' equity of $79.8m.
Air T, Inc. (the “Company,” “Air T,” “we” or “us” or “our”) is a holding company with a portfolio of operating businesses and financial assets. Our goal is to prudently and strategically grow Air T’s earnings power, compounding its free-cash-flow per share over time.
The Company additionally has a central corporate function that acts as the capital allocator and resource for other consolidated businesses, referred to as Corporate and other. Further, Corporate and other also comprises insignificant businesses and business interests.
On December 18, 2025, the Company introduced a new reportable segment named regional airline. This new segment includes all reportable activities of the Company's most recent acquisition, Regional Express Holdings Pty Ltd ("Rex"), as discussed in Note 2 of Notes to Consolidated Financial Statements included under Part II, Item 8.
Each reportable segment has separate management teams and infrastructures that offer different products and services. We evaluate the performance of our reportable segments based on operating income (loss) and Adjusted EBITDA.
Certain financial data with respect to the Company’s geographic areas and segments is set forth in Note 19 and Note 20 of Notes to Consolidated Financial Statements included under Part II, Item 8 of this report.
Quoted from its 10-K, filed 29 Jun 2026. Read the filing on SEC.gov ↗
Company facts
- Sector
- Industrials
- Industry
- Air Freight & Logistics
- Listed since
- 24 Apr 1984
- Employees
- 1,666
- Website
- airt.net ↗
- Head office
- 11020 DAVID TAYLOR DRIVE, CHARLOTTE, NC, 28262
- Incorporated in
- DE
- Classification
- Air Courier Services
- Filer status
- Non-accelerated filer<br>Smaller reporting company
Leadership
Pay as last reported
- Mr. Nicholas SwensonChairman of the Board, President, Chief Executive Officer, since 2012$50,000
- Mrs. Tracy KennedyChief Financial Officer, Principal Accounting Officer, Treasurer$180,389
- Mr. Raymond CabillotLead Independent Director$51,000
- Mr. Gary KohlerDirector$21,000
- Mr. William FoudrayIndependent Director$21,750
- Mr. Peter McClungIndependent Director$45,000
- Mr. Travis SwensonIndependent Director$54,450
- Mr. Jamie ThingelstadIndependent Director$42,000
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 0
- Environment
- 0
- Social
- 0
- Governance
- 0
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- Strong market position: Air T Inc holds a significant market share in the aviation industry.
- Diversified service portfolio: The company provides various aviation-related services, including aircraft ground support, cargo handling, and aircraft maintenance.
Weaknesses
- Dependency on key customers: Air T Inc relies heavily on a few major clients for a significant portion of its revenue, which poses a potential risk if relationships are compromised.
- High operating costs: The aviation industry is inherently cost-intensive, and Air T Inc may face challenges in maintaining profitability due to rising fuel prices and operational expenses.
Opportunities
- Growing air cargo demand: With the global increase in e-commerce and international trade, there is an opportunity for Air T Inc to expand its cargo handling services and tap into the growing air cargo market.
- Technological advancements: Embracing new technologies such as automation, data analytics, and artificial intelligence can enhance operational efficiency and provide a competitive edge for Air T Inc.
Threats
- Intense competition: The aviation industry is fiercely competitive, and Air T Inc faces threats from other established players as well as new entrants offering similar services.
- Regulatory challenges: Compliance with stringent aviation regulations and safety standards can pose challenges and potentially impact the company's operations.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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