Air T Stock Price, News & Analysis

Air T (NASDAQ:AIRT) has announced that its 2025 Annual Meeting of Stockholders will be accessible both in-person and via webcast on August 14, 2024, at 8:30 AM Central Time. The meeting will be held at the company's St. Louis Park office in Minneapolis.

Stockholders of record as of June 27, 2025, can attend by registering at agm.issuerdirect.com/airt. Participants can submit questions during the meeting or in advance through slido.com using event code #AIRTQA. The company encourages shareholders to vote in advance through mail, telephone, or internet using the previously distributed proxy materials.

Air T, Inc. (NASDAQ:AIRT) has reported its fiscal 2025 results, showing mixed performance across its diverse business segments. The company achieved total revenues of $291.9 million, a 2% increase year-over-year, and improved operating income to $1.9 million from $1.3 million in the previous year.

Key segment performances include: Overnight Air Cargo revenues increased 7%, Ground Support Equipment revenues grew 5%, while Commercial Aircraft, Engines and Parts saw a revenue decline. The Digital Solutions segment showed strong growth with a 26% revenue increase. Despite operational improvements, the company reported a loss per share of $2.23, though improved from $2.42 in the previous year.

The company's Adjusted EBITDA improved to $7.4 million from $6.2 million in the prior year, demonstrating enhanced operational efficiency despite challenges in some segments.

Air T (NASDAQ:AIRT) has successfully renegotiated a financing agreement through its subsidiary AAM 24-1, LLC, significantly expanding the deal from $30M to $100M with institutional investors. The enhanced agreement provides non-recourse capital through scheduled disbursements until 2027, with final maturity in 2035. This restructuring offers increased financial flexibility and extended repayment timelines, supporting Air T's long-term capital foundation and strategic growth initiatives. The capital will be utilized to support various subsidiaries, including Crestone Air Partners, Inc., a full-service aviation asset management platform. CEO Nick Swenson emphasized this as a vote of confidence from sophisticated capital partners and a significant step toward building long-term value.

Air T (NASDAQ:AIRT) announced its participation in the upcoming 15th Annual East Coast IDEAS Investor Conference at The Westin Times Square in New York, NY. CEO Nick Swenson and Chief of Staff Katrina Philp will deliver a presentation on June 12, 2025, at 10:45 ET. The company will also conduct one-on-one meetings with investors during the conference. Interested parties can access the presentation webcast through the conference website at https://www.threepartadvisors.com/east-coast.

Air T's (NASDAQ:AIRT) subsidiary Mountain Air Cargo (MAC) has acquired Royal Aircraft Services in Hagerstown, MD. The acquisition aims to strengthen MAC's aircraft maintenance, repair, and overhaul (MRO) service capabilities. Royal Aircraft Services will maintain its existing brand name while integrating its specialized expertise with MAC's established MRO network. The deal enhances MAC's operational capacity and service quality for its partners. Former owners Pamela and Austin Heffernan expressed confidence in Royal's future growth under the new ownership structure.

Air T (NASDAQ:AIRT) has announced its participation in the upcoming Sidoti May Virtual Investor Conference, scheduled for May 21-22, 2025. The company will deliver a presentation on Thursday, May 22nd at 12:15 PM ET, which will be accessible via a live webinar link. Additionally, Air T will conduct one-on-one meetings with investors during both conference days.

The company has also implemented an interactive Q&A system through Slido.com for stakeholder questions. Responses to submitted questions will be provided during the Annual Meeting and through quarterly written updates, though not all questions may be addressed due to legal and practical constraints.

Air T (NASDAQ:AIRT) has announced its participation in the upcoming Planet MicroCap Showcase: VEGAS 2025, scheduled for April 23-24, 2025, at the Paris Hotel & Casino in Las Vegas. Chairman and CEO Nick Swenson will deliver a presentation on Wednesday, April 23, at 1:00 PM PST, followed by a Q&A session.

The company will also conduct in-person 1x1 investor meetings on Thursday, April 24. A preview conversation between Swenson and Planet MicroCap Host & CEO Robert Kraft is available online. The company has implemented an interactive Q&A capability through Slido.com for stakeholder questions, which will be addressed during the Annual Meeting and through quarterly written responses.

Air T (NASDAQ:AIRT) reported strong financial results for Q3 FY2025. Revenue increased 22% to $77.9 million, with operating income of $1.8 million, up $3.4 million from prior year's loss. Adjusted EBITDA reached $2.7 million compared to a $0.1 million loss last year.

Key segment performance includes: Overnight Air Cargo revenue up 5% to $30.6 million with fleet expansion to 105 aircraft; Ground Equipment Sales revenue up 40% to $11.8 million with backlog at $12.9 million; Commercial Jet Engines and Parts revenue increased by $8.5 million to $32.7 million.

The company is celebrating Contrail's 25th anniversary, a key business unit showing strong growth with revenue CAGR of 42.27% since FY2017 and contributing $10.7 million in Operating Income in the recent nine months ended December 31, 2024.

LeaseWorks, a Portside company, has announced a new partnership with Denver-based Crestone Air Partners to enhance their digital asset management strategy. Crestone will implement two key solutions: Aeris MATCH™, which will automate commercial activities including trading, marketing, and market intelligence gathering, and Aeris ASSET™, which will streamline contract, finance, and technical activities.

The partnership aims to improve process efficiency, organization, and asset management through advanced analytics and automation. According to Crestone's CEO Kevin Milligan, these systems will support their growing asset base and scale with their expansion plans, while LeaseWorks' President Haseem Vazhayil emphasizes the solutions' role in powering growth through data-driven decision-making.