AIRTP

Air T, Inc. operates as a diversified holding company with two primary business segments: overnight air cargo and ground equipment manufacturing. Headquartered in Denver, North Carolina, the company conducts its overnight air cargo operations through its Mountain Air Cargo and CSA Air subsidiaries, which provide air express delivery services to FedEx under multi-year contracts. These operations involve transporting time-sensitive cargo and documents throughout the eastern United States using a fleet of cargo aircraft. The company's ground equipment segment, operating through Jet Fabricators and Global Ground Support, manufactures and services aircraft deicers, ground support equipment, and other specialized aviation products for military, commercial, and cargo airlines. Air T serves customers globally, with manufacturing facilities in North Carolina and Colorado. The company employs approximately 400 people across its operations. In recent years, Air T has focused on optimizing its cargo fleet operations and expanding its ground equipment service capabilities. The company faces ongoing challenges adapting to changes in the air cargo industry, including route adjustments and contract renewals with its primary customer. Air T trades on the NASDAQ under the ticker symbol AIRT and maintains a relatively small market capitalization, positioning it as a micro-cap stock within the aerospace and transportation sectors.