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$249.84 million
Profitability
Miscellaneous
Employees775
Next Earnings Date2/13/2020 (Estimated)
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) posted its quarterly earnings data on Wednesday, November, 13th. The transportation company reported ($0.80) EPS for the quarter. The transportation company earned $50.69 million during the quarter. Air T had a return on equity of 5.13% and a net margin of 2.98%. View Air T's Earnings History.
When is Air T's next earnings date?
Has Air T been receiving favorable news coverage?
News headlines about AIRT stock have been trending somewhat positive this week, InfoTrie Sentiment reports. The research firm identifies positive and negative news coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Air T earned a coverage optimism score of 1.7 on InfoTrie's scale. They also assigned press coverage about the transportation company a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an effect on the stock's share price in the near future. View News Stories for Air T.
Are investors shorting Air T?
Air T saw a increase in short interest during the month of December. As of December 31st, there was short interest totalling 2,800 shares, an increase of 16.7% from the December 15th total of 2,400 shares. Based on an average daily volume of 2,900 shares, the short-interest ratio is currently 1.0 days. Currently, 0.2% of the shares of the company are sold short. View Air T's Current Options Chain.
Who are some of Air T's key competitors?
Some companies that are related to Air T include PowerFleet (PWFL), Ardmore Shipping (ASC), Capital Product Partners (CPLP), Daseke (DSKE), Danaos (DAC), Era Group (ERA), Martin Midstream Partners (MMLP), Navios Maritime Partners (NMM), Overseas Shipholding Group (OSG), Safe Bulkers (SB), Global Ship Lease (GSL), Pangaea Logistics Solutions (PANL), StealthGas (GASS), Grindrod Shipping (GRIN) and Navios Maritime Acquisition (NNA).
What other stocks do shareholders of Air T own?
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)
- Mr. Seth G. Barkett, Interim Principal Financial Officer & Director (Age 35)
- Mr. Mark Jundt, Chief Legal Counsel
- Ms. Cheryl C. Sigmon, Chief Financial Officer of Air Cargo Segment (Age 63)
- Mr. Brad Osborn, Chief Exec. Officer of Global Aviation Services LLC
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, Robinhood, Fidelity and Charles Schwab.
What is Air T's stock price today?
One share of AIRT stock can currently be purchased for approximately $21.11.
How big of a company is Air T?
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.
