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Air T Announces the Acquisition of Royal Aircraft Services by its Wholly-Owned Subsidiary Mountain Air Cargo

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(Positive)
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.
La controllata di Air T (NASDAQ:AIRT), Mountain Air Cargo (MAC), ha acquisito Royal Aircraft Services a Hagerstown, MD. L'acquisizione mira a rafforzare le capacità di manutenzione, riparazione e revisione (MRO) degli aeromobili di MAC. Royal Aircraft Services manterrà il proprio nome commerciale, integrando la sua esperienza specializzata con la rete MRO consolidata di MAC. L'accordo potenzia la capacità operativa e la qualità del servizio di MAC per i suoi partner. I precedenti proprietari, Pamela e Austin Heffernan, hanno espresso fiducia nella crescita futura di Royal sotto la nuova struttura proprietaria.
La subsidiaria de Air T (NASDAQ:AIRT), Mountain Air Cargo (MAC), ha adquirido Royal Aircraft Services en Hagerstown, MD. La adquisición tiene como objetivo fortalecer las capacidades de mantenimiento, reparación y revisión (MRO) de aeronaves de MAC. Royal Aircraft Services mantendrá su nombre de marca mientras integra su experiencia especializada con la red MRO establecida de MAC. El acuerdo mejora la capacidad operativa y la calidad del servicio de MAC para sus socios. Los antiguos propietarios, Pamela y Austin Heffernan, expresaron confianza en el crecimiento futuro de Royal bajo la nueva estructura de propiedad.
Air T(NASDAQ:AIRT)의 자회사 Mountain Air Cargo(MAC)가 메릴랜드주 해거스타운에 위치한 Royal Aircraft Services를 인수했습니다. 이번 인수는 MAC의 항공기 유지보수, 수리 및 점검(MRO) 서비스 역량을 강화하기 위한 것입니다. Royal Aircraft Services는 기존 브랜드명을 유지하면서 MAC의 확립된 MRO 네트워크와 전문성을 통합할 예정입니다. 이번 거래로 MAC의 운영 능력과 파트너에 대한 서비스 품질이 향상됩니다. 이전 소유주인 Pamela와 Austin Heffernan은 새로운 소유 구조 아래 Royal의 미래 성장에 대한 자신감을 표명했습니다.
La filiale d'Air T (NASDAQ:AIRT), Mountain Air Cargo (MAC), a acquis Royal Aircraft Services à Hagerstown, MD. Cette acquisition vise à renforcer les capacités de maintenance, réparation et révision (MRO) des avions de MAC. Royal Aircraft Services conservera son nom de marque tout en intégrant son expertise spécialisée au réseau MRO établi de MAC. L'accord améliore la capacité opérationnelle et la qualité de service de MAC pour ses partenaires. Les anciens propriétaires, Pamela et Austin Heffernan, ont exprimé leur confiance dans la croissance future de Royal sous la nouvelle structure de propriété.
Die Tochtergesellschaft von Air T (NASDAQ:AIRT), Mountain Air Cargo (MAC), hat Royal Aircraft Services in Hagerstown, MD übernommen. Die Übernahme zielt darauf ab, die Fähigkeiten von MAC im Bereich Wartung, Reparatur und Überholung (MRO) von Flugzeugen zu stärken. Royal Aircraft Services wird seinen bestehenden Markennamen beibehalten und seine spezialisierte Expertise in das etablierte MRO-Netzwerk von MAC integrieren. Der Deal verbessert die operative Kapazität und Servicequalität von MAC für seine Partner. Die ehemaligen Eigentümer Pamela und Austin Heffernan äußerten Zuversicht in das zukünftige Wachstum von Royal unter der neuen Eigentümerstruktur.
Positive
  • Strategic expansion of MRO service capabilities through acquisition
  • Geographic expansion with new location in Hagerstown, MD
  • Integration of Royal's specialized expertise with MAC's existing network
  • Retention of Royal's established brand name and operational continuity
Negative
  • None.

Insights

Air T's acquisition of Royal Aircraft Services enhances Mountain Air Cargo's MRO capabilities and geographic footprint, strengthening its service network.

This acquisition represents a strategic expansion of Mountain Air Cargo's maintenance, repair, and overhaul (MRO) capabilities through the addition of Royal Aircraft Services' Hagerstown, MD operation. The move creates several notable operational advantages for Air T's subsidiary.

By maintaining Royal Aircraft Services as a separate brand, MAC preserves the acquired company's established market reputation while gaining access to its specialized maintenance expertise. This approach minimizes integration risks while allowing for knowledge transfer between organizations.

From an operational perspective, this acquisition delivers three key benefits:

  • Geographic expansion into the Mid-Atlantic region, potentially reducing aircraft repositioning costs
  • Increased maintenance capacity to service existing and new clients
  • Diversification of technical capabilities through Royal's specialized knowledge

The integration aligns with the industry-wide trend of MRO consolidation, as providers seek scale advantages amid increasing maintenance complexity and regulatory requirements. For Air T, the expanded MRO network should enhance their ability to service aviation clients more comprehensively while potentially capturing operational efficiencies.

While financial terms weren't disclosed, this type of targeted acquisition typically represents a modest capital allocation focused on enhancing service capabilities rather than transformative financial impact. The retained leadership of Royal Aircraft suggests continuity of operations, indicating Air T is acquiring both physical assets and institutional knowledge.

MINNEAPOLIS, MN / ACCESS Newswire / May 21, 2025 / Air T, Inc. (NASDAQ:AIRT) is pleased to announce that Mountain Air Cargo (MAC), a wholly-owned subsidiary, has successfully completed the acquisition of Royal Aircraft Services in Hagerstown, MD. This strategic move strengthens MAC's commitment to providing top-tier aircraft maintenance, repair, and overhaul (MRO) services, while expanding its capabilities and footprint in the aviation industry.

"Royal Aircraft Services has a long-standing reputation for excellence in aircraft maintenance and support," said Mike Bandalan, CEO of Mountain Air Cargo. "This acquisition aligns perfectly with our mission to enhance operational efficiency and service quality for our valued partners. We look forward to integrating their expertise with our established MRO network."

Royal Aircraft Services will continue to operate under its existing name, maintaining its focus on delivering superior aircraft services. The partnership allows MAC to leverage Royal's specialized knowledge while enhancing operational capacity across key markets.

"Partnering with Mountain Air Cargo marks an exciting new chapter for Royal Aircraft Services," said Pamela and Austin Heffernan, longtime owners of Royal Aircraft Services. "With our shared commitment to aviation excellence, this transition will strengthen service capabilities and enhance value for Royal's customers and stakeholders. We are confident that under new ownership, Royal will continue to thrive and build on its legacy of quality and expertise."

NOTE REGARDING STAKEHOLDER QUESTIONS

If you have questions related to this release or other Air T matters, please use our interactive Q&A capability, through Slido.com, accessible from our website, to submit your questions. We intend to keep that link open and available for shareholder questions. Questions submitted through Slido will be answered "live" and in writing at our Annual Meeting, and via a written response on a quarterly basis. Note that legal and pragmatic requirements restrict us from answering every question posted, yet we intend to address all reasonable and relevant questions with a written answer.

ABOUT AIR T, INC.

Established in 1980, Air T Inc. is a portfolio of powerful businesses and financial assets, each of which is independent yet interrelated. Its core segments are overnight air cargo, aviation ground support equipment manufacturing and sales, commercial jet engines and parts, and corporate and other. We seek to expand, strengthen and diversify Air T's after-tax cash flow per share. Our goal is to build Air T's core businesses, and when appropriate, to expand into adjacent and other industries. We seek to activate growth and overcome challenges while delivering meaningful value for all stakeholders. For more information, visit www.airt.net. The information on our website is available for information purposes only and is not incorporated by reference into this press release.

ABOUT MOUNTAIN AIR CARGO INC.

Mountain Air Cargo (MAC), a wholly owned subsidiary of Air T Inc., is a leading provider of air cargo services and aircraft maintenance solutions. With over four decades of industry expertise, MAC operates a diverse fleet, including ATR and Cessna aircraft, to support domestic and international cargo operations. Committed to excellence, MAC delivers reliable, on-time service to major global logistics providers while maintaining FAA and EASA-certified maintenance repair overhaul (MRO) capabilities. With a reputation built on safety, precision, and customer satisfaction, MAC continues to expand its operational reach and service offerings in the aviation industry.

ABOUT ROYAL AIRCRAFT SERVICES, LLC

Royal Aircraft Services is a respected provider of aircraft maintenance, repair, and overhaul (MRO) services, known for its expertise in delivering high-quality solutions to the aviation industry. With a commitment to safety, precision, and operational excellence, Royal Aircraft Services supports a range of aircraft maintenance needs, ensuring reliability and efficiency for its clients. In addition to its comprehensive MRO capabilities, Royal Aircraft Services operates a FAA-certified aircraft painting facility, offering custom painting and refinishing services. With decades of experience and a dedicated team of aviation professionals, Royal Aircraft Services continues to uphold its reputation for technical expertise and customer-focused service, making it a trusted partner for aircraft operators and logistics providers.

CONTACT:

Katrina Philp
kphilp@airt.net

SOURCE: Air T, Inc.



View the original press release on ACCESS Newswire

FAQ

What company did Mountain Air Cargo (AIRT) acquire in May 2025?

Mountain Air Cargo, a subsidiary of Air T (NASDAQ:AIRT), acquired Royal Aircraft Services, located in Hagerstown, MD.

What is the strategic purpose of AIRT's Royal Aircraft Services acquisition?

The acquisition aims to strengthen Mountain Air Cargo's MRO (maintenance, repair, and overhaul) service capabilities, expand its operational footprint, and enhance service quality for partners.

Will Royal Aircraft Services continue operating under its original name after the AIRT acquisition?

Yes, Royal Aircraft Services will continue to operate under its existing name while integrating its expertise with Mountain Air Cargo's MRO network.

Who were the previous owners of Royal Aircraft Services before the AIRT acquisition?

Pamela and Austin Heffernan were the longtime owners of Royal Aircraft Services before its acquisition by Mountain Air Cargo.
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