AIRT is benefiting from Rex and Crestone expansion and digital growth, but aircraft availability and weakness in some aviation businesses remain challenges.
Air T NASDAQ: AIRT shareholders approved all matters presented at the company's 2026 annual meeting, including the election of five directors, an advisory vote on executive compensation and the ratification of Deloitte & Touche as its independent registered public accounting firm for fiscal 2027.
AIRT and IDT act bigger than their size.
AIRT reports a wider third-quarter fiscal 2026 loss and weaker revenue, while the Rex acquisition adds a new airline segment and a sizable bargain gain.
AIRT revenues dip in second-quarter fiscal 2026, but profitability surges as margin gains and asset sales offset weaker segment performance.
AIRT reports higher first-quarter fiscal 2026 revenue, driven by strong Ground Support Equipment gains despite a deeper loss.
AIRT posts higher fiscal 2025 earnings on strong cargo and engine parts performance, despite ongoing net losses.
Costco, AT&T, Marsh & McLennan and Air T are included in this Analyst Blog.
Air T records narrower loss and revenue growth in the third quarter of fiscal 2025. Strong segment performance offsets rising costs and higher interest expenses.
AIRT reports revenue growth and higher operating income in the second quarter of fiscal 2025, driving stock gains. Strong segments include overnight air cargo and jet engines and parts.
CHARLOTTE, NC / ACCESSWIRE / November 12, 2024 / Air T, Inc. (NASDAQ:AIRT) is an industrious American company with a portfolio of businesses, each of which is independent yet interrelated. We seek dynamic individuals and teams to operate companies with processes and insights that drive increasing value over time.
MINNEAPOLIS, MN / ACCESSWIRE / October 22, 2024 / Air T, Inc. (NASDAQ:AIRT) is pleased to announce the appointment of Tracy Kennedy as Chief Financial Officer, effective October 16, 2024. Tracy has been with Air T for over six years, serving first as Director of Accounting, then Corporate Controller, and most recently as Chief Accounting Officer.