Every 10-K that Air T, Inc. Air T Funding Alpha Income Trust Preferred Securities (AIRTP) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-K covers the audited annual report, with the full financial statements, so if you follow AIRTP and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full AIRTP filings page.
Air T, Inc. files its annual report describing a diversified holding company focused on growing free cash flow per share through aviation and related businesses. The company operates five core segments: overnight air cargo, ground support equipment, commercial aircraft, engines and parts, digital solutions, and a newly created regional airline segment from its acquisition of Regional Express Holdings Pty Ltd in Australia.
The overnight air cargo segment relies heavily on long‑standing dry‑lease arrangements with FedEx, which provided about 35% of consolidated revenue in the year ended March 31, 2026. Ground Support Equipment is centered on deicing trucks and related equipment, including a multi‑year U.S. Air Force contract, while the commercial aircraft, engines and parts segment trades, leases, stores and disassembles aircraft and engines. Digital solutions provide data and software to aviation customers.
The Rex acquisition adds a 98‑aircraft regional airline network in Australia, extensive regulated routes and government‑backed facilities tied to strict operating commitments. The report highlights significant leverage, concentrated ownership—two holders control about 67% of common stock—and key risks including FedEx customer concentration, refinancing needs, cybersecurity, regulatory compliance, and integration and labor risks at Rex.
Air T, Inc. filed an amendment to its Annual Report on Form 10-K/A for the fiscal year ended March 31, 2025 to include an updated audit opinion from Deloitte & Touche LLP correcting a clerical header error in the Critical Audit Matter section. The Amendment states no changes to the consolidated financial statements and adds new management certifications and Deloitte's consent; it otherwise speaks as of the original filing date.
The company outlines its four reportable segments — Overnight Air Cargo, Ground Support Equipment, Commercial Aircraft, Engines and Parts, and Digital Solutions — and discloses key metrics: $14.3 million backlog for GGS as of March 31, 2025 (up from $12.6M), 103 aircraft operated under FedEx dry-lease agreements as of March 31, 2025, revenues from FedEx represented approximately 39% of consolidated revenue in FY2025 and 36% in FY2024, 646 employees, aggregate market value of common equity of approximately $14,257,338 as of Sept 30, 2024, and 2,702,639 outstanding common shares as of May 31, 2025.
Air T Funding – Alpha Income Trust Preferred Securities (NASDAQ:AIRTP) filed its annual report (10-K) for the fiscal year ended March 31 2025. XBRL data confirms five operating segments—Overnight Air Cargo, Ground Support Equipment, Commercial Aircraft Engines & Parts, Digital Solutions, and Corporate & Other—and notes that FedEx Corporation and American Airlines remain key customers, triggering concentration-risk disclosure. The filing lists a wide array of credit arrangements (Term Loans A/B/D, revolvers, promissory and subordinated notes) plus a Level 2 interest-rate swap open as of February 28 2025. Management also reports equity-method investments (Contrail, Lendway, Cadillac Casting) and contingent earn-out liabilities. While the press release omits financial figures, the full 10-K will provide revenue, cash-flow and leverage details crucial for assessing distribution coverage and credit quality of the preferred securities.