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Last $22.16 USD
Change Today +0.1416 / 0.64%
Volume 714.0
As of 8:10 PM 07/31/15 All times are local (Market data is delayed by at least 15 minutes).

air t inc (AIRT) Snapshot

Previous Close
Day High
Day Low
52 Week High
07/1/15 - $28.00
52 Week Low
08/15/14 - $10.68
Market Cap
Average Volume 10 Days
Shares Outstanding
Dividend Yield
Current Stock Chart for AIR T INC (AIRT)

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air t inc (AIRT) Details

Air T, Inc., through its subsidiaries, provides overnight air cargo, ground equipment sales, and ground support services in the United States and internationally. The company’s Overnight Air Cargo segment offers small package overnight airfreight delivery services on a contract basis to the air express delivery services industry. As of March 31, 2015, this segment had approximately 79 aircraft under agreement with FedEx in the United States and the Caribbean. Its Ground Equipment Sales segment manufactures, sells, and services aircraft deicers and other ground support equipment, including aircraft deicers, scissor-type lifts, military and civilian decontamination units, flight-line tow tractors, glycol recovery vehicles, and other special purpose mobile equipment. It 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. Air T, Inc. was founded in 1980 and is based in Maiden, North Carolina.

600 Employees
Last Reported Date: 06/8/15
Founded in 1980

air t inc (AIRT) Top Compensated Officers

Chairman, Chief Executive Officer, President ...
Total Annual Compensation: $50.0K
Chief Financial Officer, Principal Accounting...
Total Annual Compensation: $108.6K
Chief Financial Officer of Air Cargo Segment
Total Annual Compensation: $122.1K
Compensation as of Fiscal Year 2015.

air t inc (AIRT) Key Developments

Air T Unit Wins Supply Contract Worth More Than $32 million from American Airlines

Air T (AIRT), announced that its Global Ground Support subsidiary has been awarded a contract worth more than $32 million to supply its Ultimate 2200 aircraft deicing vehicles to American Airlines. Deliveries are expected to be completed in November. The vehicles will provide American Airlines with the glycol fluid reduction technology through Global's MIDAS vehicle telemetry system.

Air T, Inc. Reports Consolidated Earnings Results for the Fiscal Year Ended March 31, 2015

Air T Inc. reported consolidated earnings results for the fiscal year ended March 31, 2015. For the year, the company reported net earnings of $2,484,000 or $1.04 per diluted share compared to net earnings of $1,467,000 or $0.60 per diluted share a year ago. Revenue was $112,181,000 compared to $100,772,000 a year ago, representing an 11% increase.

Air T Inc. to Report Fiscal Year 2015 Results on Jun 08, 2015

Air T Inc. announced that they will report fiscal year 2015 results at 8:00 PM, GMT Standard Time on Jun 08, 2015


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AIRT:US $22.16 USD +0.1416

AIRT Competitors

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Republic Airways Holdings Inc $5.04 USD +0.54
United Continental Holdings Inc $56.39 USD -0.45
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Industry Analysis


Industry Average

Valuation AIRT Industry Range
Price/Earnings 21.1x
Price/Sales 0.5x
Price/Book 1.8x
Price/Cash Flow 15.6x
TEV/Sales 0.2x

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