(AIRT) Air T - Ratings and Ratios

Air T, Inc. operates through three core segments: Overnight Air Cargo, Ground Equipment Sales, and Commercial Jet Engines and Parts. The Overnight Air Cargo segment provides express delivery services, leveraging 105 aircraft under dry-lease agreements with FedEx as of March 31, 2024. This segment is critical for time-sensitive shipments, ensuring rapid delivery across the United States and internationally.

The Ground Equipment Sales segment specializes in manufacturing, selling, and servicing specialized aviation and industrial equipment. Key products include aircraft deicers, scissor-type lifts, decontamination units, flight-line tow tractors, and glycol recovery vehicles. This segment serves a diverse clientele, including passenger and cargo airlines, ground handling companies, the U.S. Air Force, airports, and industrial customers, highlighting its broad market reach.

The Commercial Jet Engines and Parts segment offers a comprehensive suite of services, including commercial aircraft trading, leasing, storage, and disassembly. It also provides parts sales, exchanges, procurement, and overhaul services, catering to airlines and leasing companies. Additionally, this segment offers repair services for composite aircraft structures, avionics, and electrical accessories, further diversifying its revenue streams.

Air T, Inc., founded in 1980 and headquartered in Charlotte, North Carolina, is a key player in the air freight and logistics industry. Its diverse operations span aircraft leasing, equipment manufacturing, and aircraft parts services, positioning it as a multifaceted entity in the aviation sector.