“Through our acquisitions and investments, along with our ongoing support of the dynamic leadership within our portfolio of powerful companies, we seek to focus our resources, activate growth and deliver long-term value creation for everyone associated with AIR T, INC.”
— Nick Swenson, Chairman & CEO
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DENVER, N.C., June 28, 2019 — Air T, Inc. (NASDAQ: AIRT) is a holding company with a portfolio of operating businesses and financial assets. These operating businesses include overnight air cargo operations, ground support equipment manufacturing and maintenance services, and commercial aircraft leasing, trading, and parts sales. Our goal is to prudently and strategically grow Air T’s earnings and compound its free cash flow per share over time.
DENVER, N.C., June 19, 2019 — Air T, Inc., (NASDAQ: AIRT), an allocator that invests in operating businesses and financial assets, today announced that it has appointed Brian Ochocki as Chief Financial Officer and Principal Financial Officer, effective July 8, 2019.
Air T, Inc. Announces Final Distribution Date and Ratios for Alpha Income Preferred Securities and Warrants and 50% Common Stock Dividend
DENVER, N.C., June 10, 2019 — Air T, Inc. (NASDAQ: AIRT) (“Air T”) announced today the final distribution date and distribution ratios for its previously announced issuance and distribution of (1) $4 million in face value of Alpha Income Preferred (AIP), a new 8% fixed income trust preferred security, and (2) warrants to purchase up to an additional $21 million in face value of AIP at an exercise price equal to 96% of face value.