Air T, Inc. (AIRT) NASDAQ
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Air T, Inc.
Address
11020 David Taylor Drive
Charlotte, NC 28262
United States of America (the)
Phone
828 464 8741
Website
Sector
Industrials
Industry
Conglomerates
Employees
1666
First IPO Date
April 24, 1984
Key Executives
| Name | Title | Pay | Year Born |
| Nicholas John Swenson | Chairman, President & Chief Executive Officer | 50,000 | 1969 |
| Althea Arvin | Chief Executive Officer of Stratus Aero Partners | 0 | N/A |
| Michael Bandalan | CEO of Mountain Air Cargo, Inc., Royal Aircraft Svcs. Worldwide Aircraft Svcs., Inc. & CSA Air, Inc. | 0 | N/A |
| Richard Lee | Chief Executive Officer of Delphax Solutions, Inc. | 0 | N/A |
| Michael Moore | Chief Executive Officer of Global Ground Support LLC | 0 | N/A |
| Tracy Kennedy | Chief Financial Officer, Chief Accounting Officer & Treasurer | 380,335 | 1991 |
| Paul Stewart | President of Ambry Hill Technologies | 0 | N/A |
| Dave Bixler | President of Jet Yard, LLC & Air'Zona Aircraft Services, Inc. | 0 | N/A |
| Mark Jundt | Secretary & General Counsel | 0 | 1981 |
| Katrina Marie-Kramer Philp | Chief of Staff | 0 | 1985 |
Description
Air T, Inc. operates as a diversified company, offering an array of services across the United States and globally. Its primary business activities encompass rapid air cargo transportation, the manufacturing and sale of specialized ground support equipment, comprehensive solutions for commercial aircraft, engines, and parts, and services for printing equipment maintenance. The company's Overnight Air Cargo division specializes in expedited air freight delivery. As of March 31, 2022, this segment utilized a fleet of 72 aircraft, which were dry-leased for operations with FedEx. Through its Ground Equipment Sales segment, Air T, Inc. designs, produces, distributes, and maintains various types of specialized machinery. This includes aircraft de-icing units, elevated work platforms (scissor lifts), decontamination systems for both military and civilian use, flight-line tow tractors, and glycol recovery vehicles, among other unique equipment. Its broad customer base includes passenger and cargo airlines, ground handling companies, the United States Air Force, airport authorities, and industrial enterprises. The Commercial Aircraft, Engines and Parts segment provides an exhaustive suite of services related to commercial aviation assets. These offerings span commercial aircraft trading, leasing arrangements, and extensive parts solutions. Specific services include aircraft storage, maintenance during storage periods, and aircraft disassembly for component recovery (part-out services). Furthermore, this segment handles the sale, exchange, procurement, consignment programs, and overhaul/repair of aircraft components. Its expertise extends to instrumentation, avionics, and a variety of electrical accessories suitable for civilian, military transport, regional/commuter, business/commercial jet, and turboprop aircraft. The division also specializes in composite aircraft structures, providing both repair and support services for them. Air T, Inc. was established in 1980 and is headquartered in Denver, North Carolina.
