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) maintains a diversified presence across aviation services through its air cargo operations, ground equipment solutions, and commercial jet engine parts management. This news hub provides investors and industry professionals with essential updates about the company's strategic initiatives and market position.
Access comprehensive coverage of AIRT's operational developments including earnings announcements, regulatory filings, partnership agreements, and leadership updates. Our curated collection ensures you stay informed about critical events affecting this multifaceted aviation services provider.
Key focus areas include air freight capacity expansions, FAA-certified operations, aftermarket parts distribution, and ground support equipment innovations. All content is sourced directly from company disclosures and verified industry channels to ensure reliability.
Bookmark this page for streamlined access to Air T Inc.'s latest business developments. Check regularly for updates on contract awards, subsidiary performance metrics, and aviation industry trends directly impacting the company's diversified operations.
Air T, Inc. (NASDAQ:AIRT) announced a Modified Dutch Auction to exchange up to 138,000 shares of Common Stock for TruPs (8.0% Alpha Income Trust Preferred Securities) valued at $25.00 each. The exchange offer aims to provide shareholders with a premium (13% to 51%) over the current market price of $23.21 per share. This opportunity is available until July 6, 2023, and allows shareholders to choose how many TruPs they wish to exchange. The Board believes this offer benefits shareholders amid market volatility, as it represents approximately 4.9% of the outstanding shares.
FAQ
What is the current stock price of Air T (AIRT)?
What is the market cap of Air T (AIRT)?
