XNAS
AIRT
Market cap82mUSD
Oct 08, Last price
30.51USD
1D
-0.65%
1Q
12.67%
Jan 2017
98.98%
Name
Air T Inc
Chart & performance
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Profile
Air T, Inc., established in 1980 and headquartered in Denver, North Carolina, operates as a diversified holding company. Its core businesses encompass three primary areas: expedited air freight services, the manufacture and sale of specialized ground support equipment, and comprehensive solutions for commercial aircraft, engines, and components. It also provides printing equipment and maintenance services, serving both domestic and international markets. The expedited air freight division delivers overnight air cargo, notably managing a fleet of 72 aircraft under dry-lease agreements with FedEx as of March 31, 2022. Its ground support equipment segment designs, produces, sells, and maintains a range of specialized machinery. This includes items such as aircraft deicers, scissor lifts, military and civilian decontamination units, flight-line tow tractors, and glycol recovery vehicles. Its clientele spans passenger and cargo airlines, ground handling firms, the United States Air Force, various airports, and industrial enterprises. The commercial aircraft, engine, and parts unit offers a broad spectrum of services. These include commercial aircraft acquisition, leasing, and part solutions; aircraft storage and maintenance, along with disassembly and part-out services. Furthermore, it handles sales, exchanges, procurement, consignment programs, and overhaul and repair for aircraft components. The segment also supplies vital instrumentation, avionics, and electrical accessories for a diverse array of civilian, military transport, regional/commuter, and business/commercial jet and turboprop aircraft. Rounding out its offerings are composite aircraft structures and associated repair and support functions.
Related entities
Subsidiaries (3)
Contrail Aviation Support, LLC
Mountain Air Cargo, Inc.
CONTRAIL AVIATION LEASING, LLC
Key people
Chairman of the Board, President, Chief Executive Officer, Director · since 2014
Brian Ochocki
Chief Financial Officer · since 2019
Mark Randall Jundt
General Counsel · since 2018
Director · since 2016
Gary S. Kohler
Director · since 2014
William R. Foudray
Independent Director · since 2013
Legal address
C/O Corporation Service Company
251 Little Falls Drive
Wilmington, DE 19808
US
251 Little Falls Drive
Wilmington, DE 19808
US
Headquarters
5930 Balsom Ridge Road
Denver, NC 28037
US
Denver, NC 28037
US
Valuation
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