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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, Inc. Reports First Quarter Fiscal 2023 Results
DENVER, NC, August 12, 2022 — 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 Webcast Availability for 2022 Annual Meeting of Stockholders
DENVER, N.C., August 10, 2022 — Air T, Inc. (NASDAQ: AIRT) announced today that the Company’s 2022 Annual Meeting of Stockholders (the “Annual Meeting”) will be available to attendees via webcast as well as in person. As previously announced, the Annual Meeting will be held on Wednesday, August 17, 2022 at 8:30AM, Central Time. Stockholders will be able to physically attend the Annual Meeting or participate via webcast. Directors and members of management will be physically in attendance at the Company’s St. Louis Park office.
Air T, Inc. Announces Formation of Crestone Air Partners – Independent Yet Interrelated Division Focusing on Leasing and Managing Commercial Aviation Assets
DENVER, NC, July 8, 2022 — AIR T, INC (NASDAQ: AIRT) today announced the formation of Crestone Air Partners, Inc. (“Crestone”), a wholly owned subsidiary focused on trading, leasing, and managing commercial aviation assets. Crestone’s leadership has over 100 years of combined aviation industry experience. Crestone will service our previously announced aircraft asset management joint venture (the “2021 JV”), and work closely with our capital partners to invest in aviation assets through the 2021 JV. As of June 30, 2022, the 2021 JV has deployed nearly $100 million of equity with the possibility of an additional $300 million if all upsize options are executed.