About the company

Air T, Inc. is a holding company, which engages in the provision of overnight air freight service to the express delivery industry, manufactures and sells aircraft deicers and other industrial equipment, and provides ground support equipment and facilities maintenance to airlines. It operates through the following segments: Overnight Air Cargo, Ground Equipment Sales, Ground Support Services, Printing Equipment & Maintenance, Commercial Aircrafts Engines & Parts, Printing Equipment & Maintenance and Corporate & 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 Ground Support Services segment offers ground support equipment maintenance and facilities maintenance services to domestic airlines and aviation service providers. The Commercial Aircrafts, Engines & 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. The Printing Equipment & Maintenance segment designs, manufactures and sells advanced digital print production equipment and provides maintenance services to commercial customers. The Corporate & Other segment acts as the capital allocator and resource for other segments. Air T was founded in 1980 and is headquartered in Denver, NC.




Air Freight and Couriers




Nicholas John Swenson





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Industry peers

Name Ticker Market capitalization (in USD Million) Revenues (in USD Million) Price/Book Price/Earning Net margin (in %)
United Parcel Service, Inc. UPS 99474.43 74969.00 29.89 23.17 5.73
FedEx Corp. FDX 41542.72 69666.00 2.26 -123.87 -0.50
Expeditors International of Washington, Inc. EXPD 13359.06 8057.00 6.31 23.40 7.11
C.H. Robinson Worldwide, Inc. CHRW 10987.40 15363.00 6.80 22.28 3.21
Hub Group, Inc. HUBG 1667.49 3574.00 1.59 17.48 2.70
Forward Air Corp. FWRD 1318.80 1431.00 2.33 17.44 5.33
Atlas Air Worldwide Holdings, Inc. AAWW 1199.90 2703.00 0.66 -4.96 -8.88
CryoPort, Inc. CYRX 1158.15 37.00 9.91 -57.05 -53.66
Radiant Logistics, Inc. RLGT 202.47 784.00 1.48 19.85 1.32
Roadrunner Transportation Systems, Inc. RRTS 71.36 1848.00 1.52 -0.21 -18.45
Air T, Inc. AIRT 36.51 237.00 1.46 4.46 3.23
Steel Connect, Inc. STCN 33.48 822.00 0.76 -0.73 -5.48

Latest insider transactions

Date Role Name Transaction Quantity Quantity Owned After

Air T, Inc. Reports Fiscal 2020 Results

5d ago, source: YAHOO!

DENVER, NC / ACCESSWIRE / June 26, 2020 / Air T, Inc. (AIRT) is an industrious American company with a networked portfolio of businesses, each of which is independent yet interrelated. Revenues from ...

Were Hedge Funds Right About Dumping Delta Air Lines, Inc. (DAL)?

2d ago, source: YAHOO!

At the end of February we announced the arrival of the first US recession since 2009 and we predicted that the market will ...

Delta Air CEO Cautious About Schedule, Sees Slow Rebound

1h ago, source:

Delta CEO Ed Bastian predicted, in a memo to workers, a “lengthy and slow” rebound from the coronavirus pandemic.

Global BioProtect Launches Hand Sanitizer with 100% Air-Powered Technology

5h ago, source: Business Insider

2020 Insider Inc. and GmbH All rights reserved ... patented hand sanitizer that comes in a 100% recyclable, ...

Air conditioning companies in high demand even as National Grid asks customers to use less energy

1d ago, source: WIVB-TV

they were going to be stuck in their house and needed air conditioning, and, number two, the heat was just unbearable.” Thur ...

Air Canada assesses Spartan Bioscience's COVID-19 testing technology

1d ago, source: Nasdaq

Air Canada AC.TO said on Wednesday it was working with Spartan Bioscience Inc to assess using the Ottawa-based biotechnology company's portable COVID-19 testing technology in the aviation sector.

Offices Try to Combat Coronavirus With More Fresh Air

1d ago, source: Wall Street Journal

The pandemic is challenging long-held conventions for offices to be cool, dry, shaded from direct sunlight and mostly sealed off from outside air.

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