News
Air T, Inc. Secures $15.0 Million in Private and Non-Recourse Debt Transaction, Propelling Strategic Growth Initiatives
Minneapolis, MN, March 5, 2024 Air T, Inc. (the “Company”) recently announced the closing of a direct, structured $15,000,000 private note transaction with a major pension plan on February 22, 2024 (the “Transaction”). The Transaction involved 7-year notes bearing...
Air T, Inc. Reports Third Quarter Fiscal 2024 Results
CHARLOTTE, NC, February 12, 2024 – 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...
Air T, Inc. Announces Completion of $4.0 million Private Placement of Trust Preferred Securities
CHARLOTTE, NC, November 28, 2023 Today The Company announces the completion of a private placement of $4.0 million of its 8% Trust Preferred Securities (NASDAQ: AIRTP) at a price of $17.00 per share for a 12.1% yield to maturity. This offering complements the...
Air T, Inc. Reports Second Quarter Fiscal 2024 Results
CHARLOTTE, NC, November 13, 2023 – 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...
Air T, Inc. Announces Webcast Availability for 2023 Annual Meeting of Stockholders
CHARLOTTE, NC, August 11, 2023 – AIR T, INC (NASDAQ:AIRT) announced today that the Company's 2023 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...
Air T, Inc. Reports First Quarter Fiscal 2024 Results
CHARLOTTE, NC, August 11, 2023 – 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...
Air T, Inc. Reports Fiscal 2023 Results
DENVER, NC, June 27, 2023 – 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...
Air T, Inc. Announces Exchange Offer for up to 138,000 Common Shares in Exchange for Shares of Air T Funding 8.0% Alpha Income Trust Preferred Securities (TruPs)
Company to Conduct "Modified Dutch Auction" for up to 138,000 Common Shares in Exchange for TruPs; Offer Price Between 1.05 and 1.4 TruPs Per Share Represents a Premium of 13% to 51% Over Current Market Price TruPs Shares Valued at Liquidation Preference of $25.00 per...