Air T Stock (NASDAQ:AIRT)
Previous Close
$19.67
52W Range
$12.53 - $30.60
50D Avg
$18.20
200D Avg
$21.49
Market Cap
$53.32M
Avg Vol (3M)
$20.26K
Beta
0.72
Div Yield
-
AIRT Company Profile
Air T, Inc., through its subsidiaries, provides overnight air cargo, ground equipment sale, and commercial jet engines and parts, and printing equipment and maintenance services in the United States and internationally. The company's Overnight Air Cargo segment offers air express delivery services. As of March 31, 2022, this segment had 72 aircraft under the dry-lease agreements with FedEx. Its Ground Equipment Sales segment manufactures, sells, and services aircraft deicers, scissor-type lifts, military and civilian decontamination units, flight-line tow tractors, glycol recovery vehicles, and other specialized equipment. This segment sells its products to passenger and cargo airlines, ground handling companies, the United States Air Force, airports, and industrial customers. Its Commercial Aircraft, Engines and Parts segment offers commercial aircraft trading, leasing, and parts solutions; commercial aircraft storage, storage maintenance, and aircraft disassembly/part-out services; commercial aircraft parts sales, exchanges, procurement services, consignment programs, and overhaul and repair services; and aircraft instrumentation, avionics, and a range of electrical accessories for civilian, military transport, regional/commuter and business/commercial jet, and turboprop aircraft. This segment also provides composite aircraft structures, and repair and support services. Air T, Inc. was incorporated in 1980 and is based in Denver, North Carolina.
AIRT Performance
Revenue Breakdown
Revenue Breakdown by Product/Service
Product/Service | Mar 24 | Mar 23 | Mar 22 |
---|---|---|---|
Commercial Jet Engines Inventory Segment | $125.53M | $203.47M | $57.69M |
Corporate and Other | $8.59M | $13.12M | $2.74M |
Ground Equipment Sales Segment | $37.17M | $96.97M | $42.24M |
Overnight Air Cargo Segment | $115.55M | $181.09M | - |
Overnight Air Cargo | - | - | $74.41M |