Air T, Inc., together with its subsidiaries, provides overnight air cargo, ground equipment sale, and ground support services in the United States and internationally. The company's Overnight Air Cargo segment offers air express delivery services. As of March 31, 2018, this segment had 79 aircrafts under the dry-lease agreements with FedEx. Its Ground Equipment Sales segment manufactures, sells, and services aircraft deicers, scissor-type lifts, military and civilian decontamination units, flight-line tow tractors, glycol recovery vehicles, and other specialized equipment. This segment offers its products to passenger and cargo airlines, ground handling companies, the United States Air Force, airports, and industrial customers. The company's Ground Support Services segment provides aircraft ground support equipment, fleet, and facility maintenance services to airlines and aviation service providers. Its Leasing segment provides funding for equipment leasing transactions for the leasing of equipment manufactured by the company and third parties. The company's Printing Equipment and Maintenance segment designs, manufactures, and sells digital print production equipment, spare parts, supplies, and consumable items, as well as provides maintenance contracts. Its Commercial Jet Engines and Parts segment supplies commercial jet engines and components for airlines and original equipment manufacturers, as well as for maintenance, repair, and overhaul service providers. This segment also offers commercial aircraft storage, storage maintenance, and aircraft disassembly/part-out services; commercial aircraft parts, exchanges, procurement services, consignment programs, and overhaul and repair services; and aircraft instrumentation, avionics, and a range of accessories for civilian, military transport, regional/commuter and business/commercial jet, and turboprop aircraft. Air T, Inc. was founded in 1980 and is headquartered in Denver, North Carolina.
Industry, Sector and Symbol
Industry Air courier services
Sub-IndustryN/A
SectorTransportation
Phone82-8-4648-741x
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$194.52 million
Profitability
Miscellaneous
Employees775
OptionableNot Optionable
Air T (NASDAQ:AIRT) Frequently Asked Questions
What is Air T's stock symbol?
Air T trades on the NASDAQ under the ticker symbol "AIRT."
How were Air T's earnings last quarter?
Air T, Inc. (NASDAQ:AIRT) released its quarterly earnings results on Tuesday, November, 14th. The transportation company reported $0.21 earnings per share for the quarter. The transportation company had revenue of $48.86 million for the quarter. Air T had a net margin of 1.15% and a return on equity of 9.56%. View Air T's Earnings History.
When is Air T's next earnings date?
Has Air T been receiving favorable news coverage?
News articles about AIRT stock have trended negative recently, according to InfoTrie Sentiment Analysis. The research firm identifies negative and positive press coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Air T earned a daily sentiment score of -2.8 on InfoTrie's scale. They also assigned news headlines about the transportation company a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an impact on the company's share price in the immediate future.
Who are some of Air T's key competitors?
Some companies that are related to Air T include Mesa Air Group (MESA), Era Group (ERA), Ardmore Shipping (ASC), Danaos (DAC), Pingtan Marine Enterprise (PME), Navios Maritime Partners (NMM), Overseas Shipholding Group (OSG), Safe Bulkers (SB), USA Truck (USAK), Pangaea Logistics Solutions (PANL), StealthGas (GASS), FreightCar America (RAIL), Dynagas LNG Partners (DLNG), NAVIOS MARITIME/UT LTD PARTN INT (NMCI) and Navios Maritime Acquisition (NNA).
Who are Air T's key executives?
Air T's management team includes the folowing people:
- Mr. Nicholas John Swenson, Chairman, CEO & Pres (Age 50)
- Ms. Candice L. Otey, Chief Accounting Officer (Age 36)
- Mr. Brett A. Reynolds, Sr. VP & CFO (Age 50)
- Mr. Mark Jundt, Chief Legal Counsel
- Ms. Cheryl C. Sigmon, Chief Financial Officer of Air Cargo Segment (Age 63)
Who are Air T's major shareholders?
Air T's stock is owned by a variety of of retail and institutional investors. Top institutional investors include LSV Asset Management (0.83%) and Dimensional Fund Advisors LP (0.41%). Company insiders that own Air T stock include Gary S Kohler, John A Reeves, Nicholas John Swenson and Raymond E Cabillot. View Institutional Ownership Trends for Air T.
Which institutional investors are selling Air T stock?
Which institutional investors are buying Air T stock?
AIRT stock was purchased by a variety of institutional investors in the last quarter, including Dimensional Fund Advisors LP. Company insiders that have bought Air T stock in the last two years include Gary S Kohler, Nicholas John Swenson and Raymond E Cabillot. View Insider Buying and Selling for Air T.
How do I buy shares of Air T?
Shares of AIRT can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Air T's stock price today?
One share of AIRT stock can currently be purchased for approximately $29.15.
How big of a company is Air T?
Air T has a market capitalization of $59.17 million and generates $194.52 million in revenue each year. Air T employs 775 workers across the globe.
What is Air T's official website?
How can I contact Air T?
Air T's mailing address is 5930 BALSOM RIDGE ROAD, DENVER NC, 28037. The transportation company can be reached via phone at 82-8-4648-741x or via email at [email protected]
MarketBeat Community Rating for Air T (NASDAQ AIRT)
MarketBeat's community ratings are surveys of what our community members think about Air T and other stocks. Vote "Outperform" if you believe AIRT will outperform the S&P 500 over the long term. Vote "Underperform" if you believe AIRT will underperform the S&P 500 over the long term. You may vote once every thirty days.
