AIR T INC
Close on Oct 19, 2026
- Market cap
- $72.19M
- P/E (TTM)
- 1.1
- Dividend yield
- –
About AIR T
Air Courier Services, SIC 4513
Air T, Inc. is a holding company managing a portfolio of operating businesses across five primary industry segments: overnight air cargo, ground support equipment, commercial aircraft, engines and parts, digital solutions, and regional airline services. The company provides contract air express delivery, manufactures specialized mobile deicing and ground support equipment, and offers aircraft maintenance, leasing, surplus parts, and teardown services. Its digital offerings include global air freight data aggregation and aviation software systems. Through its regional airline operations, it runs scheduled passenger, freight, and pilot training services. Air T serves passenger and cargo airlines, airports, military entities, and industrial clients.
The company operates internationally, conducting business in the United States, Australia, the Netherlands, Canada, and the United Kingdom. Its regional carrier network serves 53 Australian destinations across seven hubs and 46 regional ports with a fleet of 98 aircraft, while its air cargo segment operates 103 aircraft across the eastern United States and the Caribbean. Air T is headquartered in Charlotte, North Carolina.
Summary of the business section of AIR T's latest annual report, written by StockData.
Company profile
Company
- Legal name
- AIR T INC
- Founded
- 1980
- Headquarters
- Charlotte, NC
- Address
- 11020 David Taylor Drive, Suite 305 28262
- Phone
- (980) 595-2840
- Website
- airt.com
- Employees
- 6, Mar 31, 2026
- Industry
- Air Courier Services
- Incorporated in
- Delaware
- Fiscal year ends
- March 31
- Auditor
- Deloitte & Touche LLP, Minneapolis, Minnesota
Stock & identifiers
- Ticker
- AIRT
- Other tickers
- AIRTP
- Exchange
- Nasdaq
- IPO date
- Apr 24, 1984
- Shares outstanding
- 3M, Jul 31, 2026
- Public float
- $20.10M, Sep 30, 2025
- Filer category
- Non-accelerated filer<br>Smaller reporting company
- Stock splits
- 1-for-10 reverse, Jan 14, 2020; 3-for-2, Jun 11, 2019; 3-for-2, Jun 4, 2019; 1-for-5 reverse, May 16, 1994
- SEC CIK
- 353184
- CUSIP
- 009207101
- ISIN
- US0092071010
- LEI
- 549300XSFJNDOT088737
- EIN
- 52-1206400
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| Nicholas John Swenson | CEO, Director | 1,352,938 |
| Tracy Kennedy | CFO | – |
| William R. Foudray | Director | 15,000 |
| Gary S. Kohler | Director | 20,103 |
| Peter B. McClung | Director | 7,500 |
| Travis Jacob Swenson | Director | 982 |
| Jamie Thingelstad | Director | – |
| Raymond E. Cabillot | Director | 470,529 |
Employees
Headcount reported in annual reports
“ursement payments under the dry-lease agreements) is derived from the services performed by it pursuant to the respective dry-lease agreements, FedEx becomes MAC or CSA’s only customer, or MAC or CSA employs fewer than six employees.”
Corporate history
Events identified from SEC filings