Air T, Inc. (AIRT)

21.75 -1.65 (-7.05%) At close: 04:00PM EDT

Air T, Inc.

11020 David Taylor Drive
Suite 305
Charlotte, NC 28262
United States
980 595 2840
https://airt.net

Sector(s): Industrials
Industry: Conglomerates
Full-time employees: 624

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Nicholas John Swenson	Chairman, President & CEO	50k	N/A	1969
Mr. Brian Ochocki	CFO & Treasurer	343k	N/A	1969
Tracy Kennedy	Chief Accounting Officer	N/A	N/A	N/A
Mr. Mark R. Jundt	Secretary & General Counsel	N/A	N/A	1980
Ms. Katrina Marie-Kramer Philp	Chief of Staff	N/A	N/A	1986
Mr. Kevin Milligan	Principal & CEO of Crestone Air Partners	N/A	N/A	N/A
Mr. Michael Moore	Chief Executive Officer of Global Ground Support LLC	N/A	N/A	N/A
Mr. Mark Harris	CEO of Worthington Aviation, Inc. and AirCo Group	N/A	N/A	N/A
Mr. Michael Bandalan	CEO of Mountain Air Cargo, Inc., & CSA Air, Inc.	N/A	N/A	N/A
Mr. Dave Bixler	President of Jet Yard, LLC	N/A	N/A	N/A

Amounts are as of 31 December 2023, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Air T, Inc., through its subsidiaries, provides overnight air cargo, ground equipment sale, and commercial jet engines and parts in the United States and internationally. The company's Overnight Air Cargo segment offers air express delivery services. As of March 31, 2024, this segment had 105 aircraft under the dry-lease agreements with FedEx. Its Ground Equipment Sales 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. This segment sells its products to passenger and cargo airlines, ground handling companies, the United States Air Force, airports, and industrial customers. The company's Commercial Jet Engines and Parts segment offers commercial aircraft trading, leasing, and parts solutions; commercial aircraft storage, storage maintenance, and aircraft disassembly/part-out services; commercial aircraft parts sales, exchanges, procurement services, consignment programs, and overhaul and repair services; and aircraft instrumentation, avionics, and various electrical accessories for civilian, military transport, regional/commuter and business/commercial jet, and turboprop aircraft to airlines and commercial aircraft leasing companies. This segment also provides composite aircraft structures, and repair and support services, as well as aircraft service and maintenance services. Air T, Inc. was incorporated in 1980 and is based in Charlotte, North Carolina.

Corporate governance

Air T, Inc.’s ISS governance QualityScore as of N/A is N/A. The pillar scores are Audit: N/A; Board: N/A; Shareholder rights: N/A; Compensation: N/A.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.