Welcome to our dedicated page for Air T news (Ticker: AIRT), a resource for investors and traders seeking the latest updates and insights on Air T stock.
Air T, Inc. reports developments across a portfolio of aviation businesses and financial assets. Its recurring updates cover operating results, segment activity, completed acquisitions, and capital-structure actions tied to its common stock and Alpha Income Preferred Securities (AIRTP).
The company's operating areas include overnight air cargo services, aviation ground-support equipment manufacturing and maintenance, commercial aircraft engines and parts leasing and trading, digital aviation services, and Rex regional airline operations in Australia. Company announcements also address AIRTP distributions, investor presentations, material agreements, and governance changes.
Crestone Air Partners (NASDAQ:AIRT) has entered into a definitive agreement to acquire Arena Aviation Capital, subject to closing conditions and approvals. The deal will expand Crestone's lifecycle platform to about 124 aircraft and 17 engines on lease, > US$4 billion assets under management, and over 55 employees across 5 countries.
The combined group will keep offices in Denver, Amsterdam, and Dublin with satellite presences in Singapore and Buenos Aires, and will integrate Arena's team into roles across asset management, technical services, lease administration, and market intelligence.
Air T (NASDAQ:AIRT) announced on February 13, 2026 its intent to raise additional capital by offering its outstanding trust preferred security, Alpha Income Preferred Securities (NASDAQ:AIRTP), via an at-the-market (ATM) facility and through private placements.
The company cited plans to fund expansion of its Commercial Aircraft Engine and Parts segment and to support an existing investee while preserving balance sheet flexibility. Air T's shelf registration operates under the SEC "baby shelf" rules for issuers with a public float below $75 million, limiting sales over any 12-month period and enabling incremental capital access.
Air T (NASDAQ:AIRT) reported Q3 fiscal 2026 results for the quarter ended December 31, 2025: revenues $71.1M (down 9% YoY), operating loss $3.8M, Adjusted EBITDA $0.2M, and EPS $(0.91). The company completed the acquisition of Rex on December 18, 2025, recording preliminary net assets $106.9M and a deferred bargain purchase gain $95.8M. Air T invested AUD $50M into Rex and reported Rex produced $5.2M revenue and a $1.5M net loss for the period.
Air T (NASDAQ:AIRT) announced scheduled cash distributions for its Alpha Income Preferred securities (NASDAQ:AIRTP) for 2026 and 2027. Cash distributions are $0.50 per share, representing a stated rate of 8.0% per annum. Scheduled distribution and record dates provide quarterly payment visibility through November 15, 2027.
Key dates: Feb 17, May 15, Aug 17, Nov 16, 2026 and Feb 16, May 17, Aug 16, Nov 15, 2027 (each paired with stated record dates).
Air T (NASDAQ:AIRT) announced on December 18, 2025 the closing of its acquisition of Regional Express (Rex), acquiring 100% ownership.
The transaction includes a $50 million AUD credit facility funded by an investor partner and access to an additional undrawn $60 million AUD loan from the Commonwealth of Australia. Rex currently operates approximately 31 flyers with a plan to return the fleet to 45 flyers within two years. The Commonwealth will remain a secured creditor.
GA Telesis Engine Services (NASDAQ:AIRT) announced on Dec 18, 2025 that it secured Republic of Korea AMO approval for CFM56-5B, CFM56-7B and CF6-80C2 engines and won an engine overhaul agreement with MIAT Mongolian Airlines for CFM56-7B engines. The AMO certification authorizes GATES to perform full engine overhaul services for South Korean operators, creating an independent MRO alternative to OEM-affiliated shops in the region. The MIAT contract expands GATES' APAC footprint and reinforces its technical credentials for CFM56 maintenance and turnaround support.
These developments signal regulatory compliance in South Korea and a new commercial win in Asia Pacific, without financial terms disclosed.
Air T (NASDAQ:AIRT) reported results for the fiscal quarter ended September 30, 2025. Revenues were $64.2M, down $17.1M (21%) year-over-year. Operating income rose to $5.5M from $3.6M a year earlier. Adjusted EBITDA was $7.9M versus $5.0M a year ago. Earnings per share increased to $1.61 from $0.91. The company's equity-method investee balance rose to $27.9M from $19.0M at March 31, 2025.
By segment: Overnight Air Cargo revenue was $29.9M (down 4%); Ground Support Equipment revenue was $9.6M (down 33%) with backlog up to $12.9M; Commercial Aircraft, Engines and Parts revenue was $20.9M (down $12.0M) with segment Adjusted EBITDA improving; Digital Solutions revenue was $2.2M with a modest Adjusted EBITDA loss.
Air T (NASDAQ:AIRT) announced that a majority of Rex creditors, both by number and by value, voted in favour of Air T's bid at the second creditors' meeting on 11 November 2025.
The company said the vote signals creditor support for its proposed Deed of Company Arrangement and that the Administrators intend to close the transaction by year-end 2025. Air T stated it is working with all parties to ensure a smooth completion and highlighted its commitment to regional aviation across Australia.
The release also directs stakeholder questions to an interactive Q&A on Slido accessible from Air T's website, with live and written answers at the Annual Meeting and quarterly written responses.
Air T (NASDAQ:AIRT) entered into a Sale and Implementation Deed on October 21, 2025 to acquire Regional Express Holdings Limited (Rex), subject to creditor and Federal Court approvals.
The agreement includes a financing-restructure arrangement with the Commonwealth of Australia, planned funding for Rex's engine renewal program, and aims to continue and grow Rex's regional airline operations and workforce. Closing is targeted by year-end 2025 if required approvals are obtained.
Air T (NASDAQ:AIRT) reported its Q1 FY2026 results with notable improvements across key metrics. The company achieved revenues of $70.9 million, up 7% year-over-year, and an operating income of $0.4 million, marking a $1.0 million improvement from the previous year's loss. Adjusted EBITDA increased to $1.5 million from $0.9 million year-over-year.
Performance varied across segments: Ground Support Equipment saw remarkable growth with revenues up 105% to $15.1 million, while Commercial Aircraft segment revenues decreased by $4.3 million. The Overnight Air Cargo segment remained stable at $30.6 million, and the Digital Solutions segment grew to $2.1 million with improved EBITDA.
The company's equity method investees' investment balance increased to $19.9 million from $19.0 million at the previous quarter's end.