Air T INC

Market Movers (8-K)

NASDAQ
Air T, Inc. has entered into an At the Market Offering Agreement to sell up to $8 million in common stock through Ascendiant Capital Markets, LLC.
Capital raise
NASDAQ
Air T, Inc. has updated its investor presentation, providing insights into its portfolio of companies, financial highlights, and growth strategies.
NASDAQ
Air T, Inc. announced fiscal year 2026 results, with revenues increasing 12% to $327.1 million, largely driven by the acquisition of Regional Express Holdings Pty Ltd (Rex), while the company reported an operating loss of $11.2 million.
NASDAQ
Air T, Inc. announced a proposed unregistered offering of trust preferred securities to existing holders to fund potential strategic acquisitions or investments.
Capital raise
NASDAQ
Air T, Inc. announced a new employment agreement for Chief Financial Officer Tracy Kennedy, detailing her compensation, benefits, and restrictive covenants.
NASDAQ
Air T, Inc. completes its acquisition of Regional Express Holdings Limited, detailing a significant financial restructuring and a preliminary bargain purchase gain.
Better than expected
Capital raise

Quarterly Earnings (10-Q)

NASDAQ
Air T, Inc. reported an increased net loss for the quarter ended December 31, 2025, and a decline in nine-month net income, despite strategic acquisitions and growth in some segments, as overall revenue decreased and expenses rose.
Worse than expected
Capital raise
NASDAQ
Air T, Inc. reported a significant increase in net income for the second quarter and first half of fiscal 2026, primarily driven by a $7.0 million gain from aircraft sales and growth in its Digital Solutions segment, despite overall revenue declines in other segments.
Capital raise
Better than expected
NASDAQ
Air T, Inc. reported a 6.7% increase in consolidated revenue for Q1 FY26, driven by strong ground support equipment and digital solutions, but saw its net loss attributable to stockholders widen significantly.
Capital raise
Worse than expected
NASDAQ
Air T, Inc. saw a revenue increase in Q3 2025 compared to Q3 2024, but experienced a net loss attributable to Air T, Inc. stockholders.
Worse than expected
NASDAQ
Air T, Inc. saw a significant improvement in its second quarter results, driven by growth in overnight air cargo and commercial jet engine parts, despite a slight overall revenue decrease.
Better than expected
Capital raise
NASDAQ
Air T, Inc. experienced a decrease in revenue and a net loss attributable to stockholders in the first quarter of fiscal year 2025, despite growth in the overnight air cargo segment.
Worse than expected

Annual Reports (10-K)

NASDAQ
Air T, Inc. has filed its Annual Report on Form 10-K for the fiscal year ended March 31, 2026, detailing its diverse operations across five segments and outlining its financial performance and strategic outlook.
Worse than expected
NASDAQ
Air T, Inc. filed an amended Annual Report on Form 10-K/A for fiscal year 2025 to correct a clerical error in its independent auditor's report, with no changes to financial statements.
Capital raise
NASDAQ
Air T, Inc., a diversified holding company, reported a 2% increase in consolidated revenue to $291.9 million for fiscal year 2025, driven by growth in its Overnight Air Cargo and Digital Solutions segments, despite a net loss of $6.14 million attributable to stockholders.
Capital raise
NASDAQ
Air T, Inc. saw a 16% increase in consolidated revenue for fiscal year 2024, reaching $286.8 million, despite facing challenges in its ground equipment sales segment.
Worse than expected

Insider Trading (Form 4)

NASDAQ
AIR T Director William R Foudray is set to receive 1,000 stock options and holds 12,500 common shares as of a planned August 2025 transaction.
NASDAQ
AIR T Inc. Director Gary S. Kohler acquired 1,000 stock options with varying exercise prices, signaling confidence in the company's future.
NASDAQ
Peter B. McClung, a director of Air T Inc, acquired stock options with exercise prices of $30 and $50 on August 11, 2025.
NASDAQ
AIR T Inc. Director Jamie Thingelstad was granted 3,042 stock options with varying exercise prices and vesting schedules.
NASDAQ
AIR T Inc.'s CFO, Tracy Kennedy, acquired 4,000 stock options with varying exercise prices, as detailed in a recent SEC Form 4 filing.
NASDAQ
AIR T INC Director Travis Swenson reported the acquisition of 1,000 stock options and beneficial ownership of 982 common shares.

Proxy Statements (Def-14A)

NASDAQ
Air T, Inc. has issued its proxy statement for the Annual Meeting of Stockholders to be held on August 25, 2026, detailing proposals for director elections, executive compensation, and auditor ratification.
NASDAQ
Air T, Inc. has issued a notice detailing the availability of proxy materials for its upcoming Annual Stockholder Meeting on August 14, 2025, outlining proposals including director elections, executive compensation, and an increase in authorized preferred shares.
Capital raise
NASDAQ
Air T, Inc. is convening its Annual Meeting on August 14, 2025, to vote on the election of seven directors, advisory approval of executive compensation, ratification of its independent auditor, and a significant proposal to increase authorized preferred stock from 2 million to 4 million shares, against a backdrop of persistent net losses and declining shareholder returns.
Capital raise
Worse than expected
NASDAQ
Air T, Inc. will hold its annual stockholder meeting on August 21, 2024, and has made proxy materials available online.
NASDAQ
Air T, Inc. will hold its annual meeting of stockholders on August 21, 2024, to vote on the election of directors, executive compensation, and the ratification of the company's independent auditor.

Schedule 13D - Activist Investments

NASDAQ
An amended Schedule 13D filing reveals significant beneficial ownership changes and strategic intentions regarding Air T, Inc. common stock.
NASDAQ
The Swenson Group and Air T, Inc. have increased their collective beneficial ownership in Bloomia Holdings, Inc. to 60.1% following a rights offering and debt-to-equity conversion.
Capital raise
NASDAQ
Nicholas J. Swenson and affiliated entities have increased their beneficial ownership in Air T Inc. to 49.4%, signaling an intent to influence company policies and maximize shareholder value.
NASDAQ
Lendway, Inc. has secured an additional $6.3 million in debt financing from Air T, Inc. and AO Partners I, L.P., increasing its total beneficial ownership by a group led by Nicholas J. Swenson to 39.6%.
Capital raise
NASDAQ
Air T Inc. and the Swenson Group have increased their combined beneficial ownership in Lendway, Inc. to 39.5% and amended a delayed draw term note, raising the principal amount to $3.5 million.
Capital raise