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“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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Air T Launches Aviation Asset Management Vehicle With up to $408m Equity Capital
DENVER, NC, May 6, 2021 — Air T, Inc. (NASDAQ: AIRT), an industrious American holding company which operates a group of independent, yet interrelated, aviation businesses, today announced the formation of a new aircraft asset management business called Contrail Asset Management (“CAM”), and a new aircraft capital joint venture called Contrail JV II LLC (“CJVII”). The new joint venture has been formed as a scalable asset management platform that complements Air T’s existing operating businesses.
Air T, Inc. Reports Third Quarter Fiscal 2021 Results
DENVER, NC, February 12, 2021 — Air T, Inc. (NASDAQ: AIRT) is an industrious American company with a portfolio of businesses, each of which is independent yet interrelated. We seek dynamic individuals and teams to operate companies using processes that increase value over time. We believe we can apply corporate resources to help activate growth and overcome challenges.
Our core segments are overnight air cargo; aviation ground equipment manufacturing and sales; commercial jet engines and parts; and corporate and other.
Air T, Inc. Announces Extension of Warrants (AIRTW) to purchase Alpha Income Preferred Securities (AIRTP) Through August 30, 2021
DENVER, N.C., January 11, 2021 — Air T, Inc. (NASDAQ: AIRT) (“Air T”) announced today that the Warrants (“Warrants”) (NASDAQ:AIRTW) to purchase its Alpha Income Preferred (AIP) securities of Air T Funding (NASDAQ:AIRTP) have been extended through August 30, 2021. The Warrants were scheduled to expire on January 15, 2021.