Company Air T, Inc.

Equities

AIRT

US0092071010

Air Freight & Logistics

Market Closed - Nasdaq 04:00:00 2024-07-05 pm EDT 5-day change 1st Jan Change
21.75 USD -7.05% Intraday chart for Air T, Inc. +1.97% +28.71%

Business Summary

Air T, Inc. is a holding company with a portfolio of operating businesses and financial assets. The Company's segments include overnight air cargo, ground equipment sales, commercial jet engines and parts, and corporate and 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 Company also offers fixed-pedestal-mounted deicers. The Commercial jet engines and parts segment manages and leases aviation assets, supplies surplus and aftermarket commercial jet engine components, provides commercial aircraft disassembly/part-out services, commercial aircraft parts sales, and procurement services and overhaul and repair services to airlines. The Corporate and other segment acts as the capital allocator and resource for other consolidated businesses.

Number of employees: 624

Sales per Business

USD in Million2023Weight2024Weight Delta
Commercial Jet Engines and Parts
43.8 %
102 41.1 % 126 43.8 % +23.39%
Overnight Air Cargo
40.3 %
91 36.6 % 116 40.3 % +27.61%
Ground Equipment
13.0 %
48 19.6 % 37 13.0 % -23.34%
Corporate and Other
3.0 %
7 2.7 % 9 3.0 % +30.91%

Sales per region

USD in Million2023Weight2024Weight Delta
United States
86.0 %
200 80.7 % 247 86.0 % +23.58%
Foreign
14.0 %
48 19.3 % 40 14.0 % -15.80%

Managers

Managers TitleAgeSince
Chief Executive Officer 55 12-07-31
Director of Finance/CFO 56 19-07-07
Chief Tech/Sci/R&D Officer - 19-03-31
Comptroller/Controller/Auditor - 22-09-30
Corporate Officer/Principal 39 12-12-31
Human Resources Officer 39 13-12-31
General Counsel 44 18-04-30

Members of the board

Members of the board TitleAgeSince
Director/Board Member 67 14-08-31
Director/Board Member 61 16-10-31
Chief Executive Officer 55 12-07-31
Director/Board Member 52 23-08-15
Director/Board Member 54 13-07-31
Director/Board Member 54 17-11-30
Director/Board Member 46 17-11-30

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 3,016,897 1,407,109 ( 46.64 %) 256,850 ( 8.514 %) 46.64 %

Shareholders

NameEquities%Valuation
1,352,938 47.95 % 34 M $
Farnam Street Capital, Inc.
16.35 %
461,383 16.35 % 12 M $
Renaissance Technologies LLC
4.144 %
116,911 4.144 % 3 M $
Vanguard Global Advisers LLC
1.873 %
52,847 1.873 % 1 M $
20,646 0.7317 % 523 995 $
20,103 0.7125 % 510 214 $
Bridgeway Capital Management LLC
0.6114 %
17,250 0.6114 % 437 805 $
Dimensional Fund Advisors LP (13F Subfiler)
0.4571 %
12,898 0.4571 % 327 351 $
Geode Capital Management LLC
0.4188 %
11,817 0.4188 % 299 915 $
10,000 0.3544 % 253 800 $

Holdings

NameEquities%Valuation
701,275 39.63% 3,790,391 $

Company contact information

Air T, Inc.

11020 David Taylor Drive Suite 305

28262, Charlotte

+980 595 2840

http://www.airt.net
address Air T, Inc.(AIRT)

Group companies

NameCategory and Sector
Aerospace & Defense