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AIRT Stock - Air T Inc.


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Air T, Inc., operating through its subsidiaries, is a diversified provider of air cargo services, ground equipment sales, and commercial aviation solutions across domestic and international markets. The company's Overnight Air Cargo segment specializes in air express delivery services, managing a fleet of 72 aircraft under dry-lease agreements primarily with FedEx as of March 31, 2022. This segment plays a crucial role in facilitating timely and efficient overnight deliveries.

The Ground Equipment Sales segment of Air T manufactures, sells, and services a broad range of specialized equipment including aircraft deicers, scissor-type lifts, decontamination units for military and civilian use, flight-line tow tractors, and glycol recovery vehicles. These products cater to passenger and cargo airlines, ground handling companies, the United States Air Force, airports, and various industrial customers, ensuring operational efficiency and safety on the ground.

Air T's Commercial Aircraft, Engines, and Parts segment offers comprehensive solutions in commercial aircraft trading, leasing, and parts supply. Additionally, it provides services such as aircraft storage, maintenance, disassembly, and part-out services. The segment also specializes in sales, exchanges, procurement, consignment programs, overhaul, and repair of commercial aircraft parts, including instrumentation, avionics, electrical accessories, and composite aircraft structures. With a foundation dating back to 1980 and headquartered in Denver, North Carolina, Air T continues to expand its footprint in the aviation industry by delivering reliable services and innovative solutions tailored to meet the evolving needs of its diverse customer base.

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Stock Sector: Transportation: Air Delivery & Freight Services

 

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