Air T, Inc. Announces Resignation of John Parry as Chief Financial Officer, Vice President-Finance, Treasurer and Secretary, Effective July 23, 2014
June 25, 2014 at 08:09 am EDT
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On June 24, 2014, John Parry, chief financial officer, vice president-finance, treasurer and secretary of Air T Inc. announced that the company of his decision to resign from his employment and all offices with the company to pursue other opportunities. Mr. Parry stated that his resignation would be effective July 23, 2014, subject to any mutually agreeable change to that schedule to accommodate the transition of his duties.
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.
AIR T, INC. 
