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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. Announces Record Date, Payment Date and Payment Rate for Initial Distribution on Alpha Income Preferred Securities
DENVER, N.C., August 16, 2019 — Air T, Inc. (NASDAQ: AIRT) announced today the record date, payment date and payment rate for the initial quarterly cash on its Alpha Income Preferred (AIP) securities (NASDAQ: AIRTP), which provide for distributions at the rate of 8.0% per annum on the stated value of $2.50 per share of AIP.
Air T, Inc. Announces Fiscal 2019 Earnings
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.
Air T, Inc. Names Brian Ochocki as CFO
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.