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. (NASDAQ: AIRT) generates a steady flow of company news through its portfolio of aviation-focused businesses and financial assets. Established in 1980, the company reports operations across overnight air cargo, ground support equipment, commercial aircraft, engines and parts, and digital solutions, which together create multiple sources of corporate and operational updates.
News about Air T often highlights developments in its core aviation segments. In overnight air cargo, the company reports on its air express delivery services, primarily for FedEx, and related maintenance activity. In ground support equipment, updates can involve manufacturing and sales of mobile deicers and specialized ground-support equipment for airlines, airports, the military and industrial customers, as well as changes in order backlog and segment performance.
The commercial aircraft, engines and parts segment frequently appears in disclosures related to leasing activity, trading of surplus and aftermarket engines and components, and shifts in market conditions for whole assets and parts packages. Digital solutions news may cover growth in aviation-focused software subscriptions and the scaling of recurring revenue services.
Recent headlines have also focused on Air T’s acquisition of Regional Express Holdings Limited (Rex), described as Australia’s leading regional airline. Press releases and Form 8-K filings detail the completion of this transaction, associated financing arrangements, and the role of Rex in serving regional and remote communities across Australia.
Investors following AIRT news can also expect updates on financing agreements, such as multi-year capital arrangements supporting subsidiaries like Crestone Air Partners, and information about investor presentations, annual meetings and non-GAAP performance measures. This news page aggregates these disclosures so readers can review segment trends, portfolio moves and capital structure developments in one place.
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 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.
Air T Inc (NASDAQ:AIRT) reported strong Q2 FY2025 results with revenues of $81.2 million, up 3% year-over-year. Operating income increased significantly to $3.9 million from $0.8 million in the prior year. The company achieved an Adjusted EBITDA of $5.0 million, up from $1.6 million. Earnings per share improved to $0.91 compared to a loss of $0.57 in the previous year. The Overnight Air Cargo segment saw 11% revenue growth, while Ground Equipment Sales increased 18%. Commercial Jet Engines segment showed strong margins despite revenue decrease. The company's equity method investments reached $17.6 million, with net income of $2.3 million from these investments.
Ashland Place Finance has completed a new facility financing for the acquisition of a Boeing 737-800 for Crestone Air Partners, Air T, and Mill Road Capital Management. This marks the third transaction between Ashland Place and Crestone, following previous financings of three Boeing 737-800 freighters in January 2024 and four CFM56 engines in July 2022. The deal demonstrates the ongoing partnership between the companies, with both parties expressing satisfaction with their continued collaboration.