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Air T Inc
11020 David Taylor Drive, Suite 305
Phone: (980) 595-2840p:980 595-2840 CHARLOTTE, NC  28262  United States Ticker: AIRTAIRT
Business Summary
Air T, Inc. is a holding company with a portfolio of operating businesses and financial assets. The Company's segments include overnight air cargo, ground equipment sales, commercial jet engines and parts, and corporate and other. The overnight air cargo segment operates in the air express delivery services industry. The ground equipment sales segment manufactures and provides mobile deicers and other specialized equipment products to passenger and cargo airlines, airports, the military and industrial customers. The Company also offers fixed-pedestal-mounted deicers. The commercial jet engines and parts segment manages and leases aviation assets, supplies surplus and aftermarket commercial jet engine components, provides commercial aircraft disassembly/part-out services, commercial aircraft parts sales, and procurement services and overhaul and repair services to airlines. The corporate and other segment acts as the capital allocator and resource for other consolidated businesses.

Scores and Ratings
FRISK®
Score		 Z''
Score		 PAYCE®
Score		 DBT
Index		 Moody's
Rating		 Fitch
Rating		 DBRS
Rating
YesYes-Yes---

Financials, News and Filings
Latest
Statement		 Last
Audit
News		 SEC
Filings		 Bankruptcy
Filings		 Suit &
Judgment
Filings		 Tax
Lien
Filings
9/30/20243/31/2024YesYes--Yes

Industries
SIC Code Description
4513 Air courier services
4215 Courier services, except by air
3569 General industrial machinery and equipment, not elsewhere classified
5084 Industrial machinery and equipment
3724 Aircraft engines and engine parts
3728 Aircraft parts and auxiliary equipment, not elsewhere classified
3721 Aircraft
4581 Airports, flying fields, and airport terminal services
7359 Equipment rental and leasing, not elsewhere classified
5088 Transportation equipment and supplies, except motor vehicles
6719 Offices of holding companies, not elsewhere classified

Officers and Directors

Title
Name
Age		 Title
Date		 Start
Date
Chairman of the Board, President, Chief Executive Officer Nicholas J.Swenson 56 2/10/2014 8/1/2012
Chief Financial Officer TracyKennedy 34 10/16/2024 9/3/2024
Lead Independent Director Raymond E.Cabillot 61 1/1/2019 11/3/2016
4 additional Officers and Directors records available in full report.

Subsidiaries
Business Name Address City State/Province Country
JET YARD LLC 25233 E PINAL AIR PARK RD, STE 101 MARANA AZ
MOUNTAIN AIR CARGO INC 6100 NW 36 ST BLDG 831 DORAL FL
Contrail Aviation, Inc. 28 Club View Lane Phoenix MD United States
6 additional Subsidiary records available in full report.

Business Names
Business Name
AAM 24-1, LLC
Air T Acquisition 22.1, LLC
Air T Ag Lending, LLC
31 additional Business Names available in full report.

General Information
Number of Employees: 624 (As of 3/31/2024)
Outstanding Shares: 2,760,047 (As of 9/30/2024)
Shareholders: 153
Stock Exchange: NASD
Federal Tax Id: 521206400
Fax Number: (302) 636-5454
Email Address: airtinfo@airt.net


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Monday, December 2, 2024