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Last $17.51 USD
Change Today 0.00 / 0.00%
Volume 0.0
As of 8:10 PM 10/7/15 All times are local (Market data is delayed by at least 15 minutes).

air t inc (AIRT) Snapshot

Previous Close
Day High
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52 Week High
07/1/15 - $28.00
52 Week Low
10/16/14 - $12.17
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 Inc. Reports Consolidated Earnings Results for the Quarter Ended June 30, 2015

Air T Inc. reported consolidated earnings results for the quarter ended June 30, 2015. The company reported consolidated net loss of approximately $736,000 or $0.31 per diluted share for the quarter ended June 30, 2015 compared to consolidated net income of approximately $73,000 or $0.03 per diluted share for the first quarter of the prior fiscal year. Consolidated revenues increased by approximately $580,000 or 3% to $22,359,000 for the quarter ended June 30, 2015 compared to $21,779,000 reported in the same quarter in the prior fiscal year. Operating income decreased $1,148,000 to $1,049,000 in the first quarter compared to the prior year quarter.

Air T Inc. to Report Q1, 2016 Results on Aug 05, 2015

Air T Inc. announced that they will report Q1, 2016 results at 8:00 AM, US Eastern Standard Time on Aug 05, 2015

Air T Inc., Annual General Meeting, Aug 26, 2015

Air T Inc., Annual General Meeting, Aug 26, 2015., at 10:00 US Eastern Standard Time. Location: One Independence CenterNorth Tryon Street, Suite 1900. Agenda: To consider and elect as directors the seven nominees named in the attached proxy statement to hold office until the next annual meeting of stockholders and until their respective successors are elected and qualified; to consider and adopt a resolution approving, on an advisory basis, the compensation paid to the company's named executive officers as disclosed in the accompanying proxy statement; to consider and ratify the appointment of Dixon Hughes Goodman, LLP as the independent registered public accounting firm of the company for the fiscal year ending march 31, 2016; to consider and adopt a resolution to approve the rights agreement, dated as of December 15, 2014, between the company and American stock transfer & trust company, LLC, as rights agent (the rights agreement ); and to consider and transact such other business as may properly come before the meeting, or any adjournment or adjournments thereof.


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Industry Analysis


Industry Average

Valuation AIRT Industry Range
Price/Earnings 24.1x
Price/Sales 0.4x
Price/Book 1.4x
Price/Cash Flow 16.2x
TEV/Sales 0.2x

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