Company Air T, Inc.

Equities

AIRT

US0092071010

Air Freight & Logistics

Market Closed - Nasdaq 04:00:00 2024-04-19 pm EDT 5-day change 1st Jan Change
23.22 USD +5.98% Intraday chart for Air T, Inc. -2.35% +37.40%

Business Summary

Air T, Inc. is a holding company with a portfolio of operating businesses and financial assets. The Company has four segments: Overnight air cargo, Ground equipment sales, Commercial jet engines and parts, and Corporate and other. Overnight air cargo segment operates in the air express delivery services industry. Ground equipment sales segment manufactures and provides mobile deicers and other specialized equipment products to passenger and cargo airlines, airports, military and industrial customers. Commercial jet engines and parts segment manages and leases aviation assets, supplies surplus and aftermarket commercial jet engine components, provides commercial aircraft disassembly/part-out services, commercial aircraft parts sales, and procurement services and overhaul and repair services to airlines. Corporate and other segment acts as the capital allocator and resources for other consolidated businesses. Further, the segment is also comprised of insignificant businesses.

Number of employees: 584

Sales per Business

USD in Million2022Weight2023Weight Delta
Commercial Jet Engines and Parts
41.1 %
58 32.6 % 102 41.1 % +76.35%
Overnight Air Cargo
36.6 %
74 42.0 % 91 36.6 % +21.68%
Ground Equipment
19.6 %
42 23.9 % 48 19.6 % +14.79%
Corporate and Other
2.7 %
3 1.5 % 7 2.7 % +139.34%

Sales per region

USD in Million2022Weight2023Weight Delta
United States
80.7 %
143 80.7 % 200 80.7 % +39.66%
Foreign
19.3 %
34 19.3 % 48 19.3 % +39.71%

Managers

Managers TitleAgeSince
Chief Executive Officer 55 12-07-31
Director of Finance/CFO 56 19-07-07
Chief Tech/Sci/R&D Officer - 19-03-31
Comptroller/Controller/Auditor - 22-09-30
Corporate Officer/Principal 39 12-12-31
Human Resources Officer 39 13-12-31
General Counsel 44 18-04-30

Members of the board

Members of the board TitleAgeSince
Director/Board Member 67 14-08-31
Director/Board Member 61 16-10-31
Chief Executive Officer 55 12-07-31
Director/Board Member 52 23-08-15
Director/Board Member 54 13-07-31
Director/Board Member 54 17-11-30
Director/Board Member 46 17-11-30

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 3,030,245 1,401,224 ( 46.24 %) 208,741 ( 6.889 %) 46.24 %

Shareholders

NameEquities%Valuation
1,352,938 47.95 % 30 M $
Farnam Street Capital, Inc.
16.35 %
461,383 16.35 % 10 M $
Renaissance Technologies LLC
4.183 %
118,011 4.183 % 3 M $
Vanguard Global Advisers LLC
1.880 %
53,042 1.880 % 1 M $
20,646 0.7317 % 458 341 $
20,103 0.7125 % 446 287 $
Bridgeway Capital Management LLC
0.6114 %
17,250 0.6114 % 382 950 $
Dimensional Fund Advisors LP
0.5872 %
16,569 0.5872 % 367 832 $
Morgan Stanley Smith Barney LLC
0.4785 %
13,501 0.4785 % 299 722 $
UBS Financial Services, Inc.
0.4475 %
12,625 0.4475 % 280 275 $

Holdings

NameEquities%Valuation
701,275 40.17% 4,179,599 $

Company contact information

Air T, Inc.

11020 David Taylor Drive Suite 305

28262, Charlotte

+828 464 8741

http://www.airt.net
address Air T, Inc.(AIRT)