Air T Inc

Air T, Inc. provides overnight air cargo, ground support equipment, commercial aircraft, engines and parts, digital solutions, and regional airline services in the United States and internationally. Its Overnight Air Cargo segment offers air express delivery services and had 103 aircraft under dry-lease agreements with FedEx as of March 31, 2026. The Ground Support Equipment segment manufactures, sells, and services aircraft deicers, scissor-type lifts, military and civilian decontamination units, flight-line tow tractors, glycol recovery vehicles, and other specialized equipment for airlines, ground handlers, the U.S. Air Force, airports, and industrial customers. The Commercial Aircraft, Engines and Parts segment provides trading, leasing, parts solutions, storage, maintenance, disassembly/part-out, composite structures, and repair and support services. The Digital Solutions segment develops digital aviation and cloud-based software for the aviation aftermarket. The Regional Airline segment offers scheduled passenger services, air freight, charter services, ancillary passenger services, and government subsidies, and had 98 aircraft as of March 31, 2026, including 57 owned SAAB 340B and 340B+ twin-engine turboprop aircraft and 41 aircraft in the training fleet of the Australian Airline Pilot Academy. Air T, Inc. was incorporated in 1980 and is based in Charlotte, North Carolina.

AIRT

Air T Shareholders Approve Board, Pay and Deloitte as Rex Engine Constraints Persist

Air T shareholders approved all proposals at the 2026 annual meeting, including the election of five directors, executive compensation and Deloitte & Touche's appointment as independent auditor for fiscal 2027. Rex Regional Airlines remains constrained by limited engine MRO capacity. Parts availability has mostly improved, but only 30 Saab 340 aircraft are operating—slightly behind the company's commitment to operate more than 40 by December 2027. Air T is focusing on expanding aircraft asset management through Crestone and Contrail rather than acquiring more regional airlines. Contrail's debt rose to $13.7 million primarily because of a May 2026 teardown-package acquisition and a minority-interest redemption.

AIRT

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