Air T (NASDAQ: AIRT) — Company Overview, News & Financial Data
Air T operates in air cargo, aviation ground support, and jet engine parts, focusing on logistics for aviation industries.

Air T
Air T (NASDAQ:AIRT), a diversified company, delves into three primary business segments: overnight air cargo, aviation ground support equipment manufacturing, and commercial jet engines and parts. With a strategic focus on serving the air cargo and aviation industries, Air T operates a robust network designed to meet an array of logistical and operational needs. The company's overnight air cargo operations are tailored to efficiently deliver small packages across the United States, leveraging a fleet of aircraft designed for such purpose. On the manufacturing front, Air T creates a wide variety of ground support equipment, catering to the demands of commercial and military aviation clients. Additionally, in its commercial jet engines and parts segment, Air T trades and deals in components essential for aircraft maintenance and operation. The overarching objective of Air T is to enhance its market position in the aviation sector by delivering exceptional service, expanding its product offerings, and executing strategic acquisitions that align with its core operations.
Snapshot
Operations
Products and/or services of Air T
- Overnight air cargo services for major express delivery companies
- Ground equipment sales, including deicers and other specialized airport ground support equipment
- Commercial jet engines and parts trading, providing comprehensive solutions for aviation customers
- Leasing of equipment and engines to airlines and other clients
- Printing equipment and maintenance services for financial transaction and other high security printing needs
- Providing workforce solutions and business process outsourcing services tailored to client needs.
Air T executive team
- Nicholas John SwensonChairman, President & CEO
- Tracy KennedyChief Financial Officer, Chief Accounting Officer & Treasurer
- Mark R. JundtSecretary & General Counsel
- Katrina Marie-Kramer PhilpChief of Staff
- Althea ArvinChief Executive Officer of Stratus Aero Partners
- Michael MooreChief Executive Officer of Global Ground Support LLC
- Michael BandalanCEO of Mountain Air Cargo, Inc., Royal Aircraft Svcs. Worldwide Aircraft Svcs., Inc. & CSA Air, Inc.
- Dave BixlerPresident of Jet Yard, LLC & Air'Zona Aircraft Services, Inc.
- Paul StewartPresident of Ambry Hill Technologies
- Richard LeeChief Executive Officer of Delphax Solutions, Inc.
Key financials
Reported results for Air T, in USD.
- Market cap
- 76.8M
- Revenue (TTM)
- 371.7M
- P/E ratio
- 1.2
- EPS (diluted, TTM)
- 23.6
- Dividend yield
- —
- Profit margin
- 17.2%
| Fiscal year end | Revenue | Operating income | Net income |
|---|---|---|---|
| 327.1M | -18.9M | 78M | |
| 291.9M | 1.9M | -6.1M | |
| 286.8M | 1.3M | -6.8M | |
| 247.3M | -4.4M | -12.3M |