About Air T
Air T is a publicly listed company based in Maiden (United States) founded in 1977. Air cargo transportation and aviation support services are provided. The company has 646 employees. Air T has completed 1 acquisition, including Rex. Air T offers products and services including Air Cargo Services, Commercial Aircraft Parts, and Ground Support Equipment. Its focus areas include Transportation and Logistics, Freight Forwarders, Air & Ocean and Air. Its legal entity is Air T, Inc. Its competitors include ATSG and Masterpiece International.
Company details
Air T was founded in 1977 and operates in the aviation sector from Maiden, United States. Cargo handling and related aviation services are managed through subsidiaries, focusing on logistics and maintenance. Operations include aircraft leasing, ground support, and freight forwarding, primarily serving domestic and regional markets. The companys domain, airt.net, supports its online presence for these activities.
- Annual Revenue$327.09 M (USD)12.07as on Mar 31, 2026
- Net Profit$77.98 M (USD)as on Mar 31, 2026
- EBITDA-$6.56 M (USD)-197.88as on Mar 31, 2026
- Employee Count646
- Investments & Acquisitions
Products & Services of Air T
Air T offers a comprehensive portfolio of products and services, including Air Cargo Services, Commercial Aircraft Parts, and Ground Support Equipment.
Provides overnight air cargo delivery for business clients
Sales of jet engines and parts to aviation companies
Equipment sales for airport ground operations and maintenance
People of Air T
14 people are tracked at Air T (10 in leadership, 4 in team); the tracked headcount is 646.
| Name | Role | Group |
|---|---|---|
Nick Swenson | Chairman & CEO | Leadership |
Michael Moore | CEO, Global Ground Support, LLC | Leadership |
Dave Bixler | President, Jet Yard, LLC | Leadership |
Chuck Kingsley | President, AirCo, LLC | Leadership |
Jeff Golbus | Vice President Finance And Capital Markets | Leadership |
Daniel Philp | Senior Vice President Of Corporate Development | Leadership |
Ryan O. | Sr. Director Of Technology Infrastructure And Operations | Leadership |
Philip Wahlman | Director Of Financial Reporting | Leadership |
Katrina Philp | Chief Of Staff | Leadership |
Tracy K. | Chief Financial Officer | Leadership |
Mark Jundt | General Counsel | Team |
Nick Vucenich | Administrator | Team |
Jose Diaz de Villegas | Financial Reporting Manager | Team |
Erica M. | Sr. Treasury Accountant | Team |
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IPO & Listings of Air T
Air T is a publicly listed company on the NASDAQ with ticker symbol AIRT in USA, operating in the Transportation sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date29 May 1984
- Listed onNASDAQ: AIRT
- Listed entityAir T, Inc.
- Exchange sectorTransportation
- ISINUS0092071010
- Share price$31.20 (+1.83% on the day) · 2026-10-13
- Market capitalisation$83.7M
- Price to earnings1.3
- EPS (diluted, trailing year)$23.61
- Volume (last session)11,569
Financials of Air T
| Year | Revenue | Net income | EBITDA |
|---|---|---|---|
| 2025 | $327.1M | $78.0M | -$6.6M |
| 2024 | $291.9M | -$6.1M | $6.7M |
| 2023 | $286.8M | -$6.8M | $4.1M |
| 2022 | $247.3M | -$12.3M | $279,000 |
| 2021 | $177.1M | $10.9M | $10.7M |
Detailed financial statements for Air T
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Investments & Acquisitions by Air T
Air T has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Rex.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Provider of regional air travel services | rex.com.au | Sydney, Australia | 2002 | Oct 2025 | •••• |
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Timeline of Air T
3 dated milestones of Air T across 48 years, from founding to its latest funding, stage changes and deals.
- Founded Air T is founded.
- IPO Lists on the stock exchange (IPO).
- Acquisition Acquires Rex.
Competitors of Air T
Air T has 2 listed competitors in our database. They include ATSG and Masterpiece International.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| atsginc.com | 1980 | Wilmington, United States | 5,333 | A leading provider of aircraft leasing and air cargo transportation. | ||
| masterpieceintl.com | 1989 | New York, United States | 201 | Freight forwarding and logistics services are provided internationally. |
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Top companies in Freight Forwarders
3 companies that operate in the same segment as Air T (Freight Forwarders) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Global online marketplace for freight and vehicle shipping is facilitated. | 2003 | Austin, Texas, United States | USD 51.81 M | |||
SaaS-based marketplace providing multi-modal freight transportation services | 2012 | Miami Beach, Florida, United States | USD 92.71 M | USD 29.46 M | 24 | |
Transportation and logistics services are provided by PAM. | 1980 | Tontitown, Arkansas, United States | USD 598.06 M | 2,300 |
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Frequently Asked Questions about Air T
Air T was founded in 1977.
Air T is headquartered in Maiden, United States. It is registered at Maiden, North Carolina, United States.
Air T has 646 employees.
Annual revenue of Air T is $327.09M as on Mar 31, 2026.
Air T was founded in 1977 and operates in the aviation sector from Maiden, United States. Cargo handling and related aviation services are managed through subsidiaries, focusing on logistics and maintenance. Operations include aircraft leasing, ground support, and freight forwarding, primarily serving domestic and regional markets. The companys domain, airt.net, supports its online presence for these activities.
Air T's top competitors include ATSG and Masterpiece International.
Air T offers Air Cargo Services, Commercial Aircraft Parts, and Ground Support Equipment.
Yes, Air T is publicly traded on NASDAQ under the ticker symbol AIRT.
Air T has made 1 acquisition, including Rex.
Air T operates through Air T, Inc..