Air T, Inc. Announces Distribution Dates for Alpha Income Preferred Securities (AIRTP)
Rhea-AI Summary
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).
Positive
- Quarterly cash distributions scheduled through November 15, 2027
- Fixed cash amount of $0.50 per share providing an 8.0% annualized rate
- Clear record dates for each distribution improving payment visibility for holders
Negative
- None.
Key Figures
Market Reality Check
Peers on Argus
AIRT was modestly positive at +0.09% while key peers were mostly negative, with BOOM at -12.29%, TUSK at -5.76%, NNBR at -3.75%, and HHS at -3.46%. RCMT was slightly positive at +0.25%. This divergence suggests the news impact was company-specific rather than sector-driven.
Historical Context
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Dec 18 | Acquisition closing | Positive | -2.0% | Completion of 100% acquisition of Regional Express with new credit facilities. |
| Nov 12 | Earnings report | Positive | +0.3% | Q2 FY2026 results with improved operating income, EBITDA and EPS. |
| Nov 11 | Acquisition support | Positive | -0.6% | Creditor vote in favor of proposed Rex acquisition and DOCA terms. |
| Oct 21 | Acquisition agreement | Positive | -1.6% | Sale and Implementation Deed signed to acquire Regional Express Holdings. |
| Aug 13 | Earnings report | Positive | +2.2% | Q1 FY2026 results with revenue growth and improved operating income and EBITDA. |
Recent acquisition announcements have often seen negative price reactions, while earnings releases have tended to align positively with the news tone.
Over the past six months, Air T has focused on both operational performance and expansion. Earnings reports on Aug 13, 2025 and Nov 12, 2025 showed revenue volatility but improving profitability, with generally positive price alignment. In parallel, Air T advanced its acquisition of Regional Express through announcements on Oct 21, Nov 11, and closing on Dec 18, 2025, yet these deals often coincided with negative near-term price reactions. Today’s preferred distribution scheduling fits into a broader capital structure and financing context built around recent growth initiatives.
Market Pulse Summary
This announcement details the cash distribution schedule for Air T’s Alpha Income Preferred securities, with quarterly payments of $0.50 per share at an 8.0% annual rate through 2026–2027. It clarifies timing for income-focused holders rather than changing Air T’s core operations. In context of recent acquisitions and financing steps, investors may watch how these fixed obligations interact with earnings performance and integration of Regional Express over time.
AI-generated analysis. Not financial advice.
CHARLOTTE, NORTH CAROLINA / ACCESS Newswire / February 5, 2026 / Air T, Inc. (NASDAQ:AIRT) ("Air T") announces the following dividend dates and record dates for Air T Funding Alpha Income Preferred (AIP) securities (NASDAQ:AIRTP) during 2026 and 2027. Cash distributions on the AIP are in the amount of
Distribution Date | Record Date |
February 17, 2026 | February 13, 2026 |
May 15, 2026 | May 14, 2026 |
August 17, 2026 | August 14, 2026 |
November 16, 2026 | November 13, 2026 |
February 16, 2027 | February 12, 2027 |
May 17, 2027 | May 14, 2027 |
August 16, 2027 | August 13, 2027 |
November 15, 2027 | November 12, 2027 |
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.
FORWARD-LOOKING STATEMENTS
Certain statements in this press release are "forward-looking" statements within the meaning of the Private Securities Litigation Reform Act of 1995 with respect to the Company's financial condition, results of operations, plans, objectives, future performance and business. Forward-looking statements include those preceded by, followed by or that include the words "believes", "pending", "future", "expects," "anticipates," "estimates," "depends" or similar expressions. These forward-looking statements involve risks and uncertainties. Actual results may differ materially from those contemplated by such forward-looking statements, because of, among other things, potential risks and uncertainties, such as:
An inability to finance our operations through bank or other financing or through the sale of issuance of debt or equity securities as a result of the existence of substantial doubt about our ability to continue as a going concern;
Economic and industry conditions in the Company's markets;
The risk that contracts with FedEx could be terminated or adversely modified;
The risk that the number of aircraft operated for FedEx will be reduced;
The risk that GGS customers will defer or reduce significant orders for deicing equipment;
The impact of any terrorist activities on United States soil or abroad;
The Company's ability to manage its cost structure for operating expenses, or unanticipated capital requirements, and match them to shifting customer service requirements and production volume levels;
The Company's ability to meet debt service covenants and to refinance existing debt obligations;
The risk of injury or other damage arising from accidents involving the Company's overnight air cargo operations, equipment or parts sold and/or services provided;
Market acceptance of the Company's commercial and military equipment and services;
Competition from other providers of similar equipment and services;
Changes in government regulation and technology;
Changes in the value of marketable securities held as investments;
Mild winter weather conditions reducing the demand for deicing equipment;
Market acceptance and operational success of the Company's relatively new aircraft asset management business and related aircraft capital joint venture; and
Despite our current indebtedness levels, we and our subsidiaries may still be able to incur substantially more debt, which may could further exacerbate the risks associated with our substantial leverage.
A forward-looking statement is neither a prediction nor a guarantee of future events or circumstances, and those future events or circumstances may not occur. We are under no obligation, and we expressly disclaim any obligation, to update or alter any forward-looking statements, whether as a result of new information, future events or otherwise.
CONTACT
Air T, Inc. Tracy Kennedy, CFO
tkennedy@airt.com
SOURCE: Air T, Inc.
View the original press release on ACCESS Newswire
FAQ
What distribution dates did Air T announce for AIRTP in 2026 and 2027?
How much is the AIRTP cash distribution and what yield does it represent?
What are the record dates for the AIRTP distributions in 2026?
When will the first AIRTP distribution payment occur after this announcement?
How should AIRTP holders verify they will receive the scheduled distribution payments?
