Air T

Key facts

Headquarters

Charlotte, North Carolina, United States

Employees

Unknown

Industries

Aerospace, Air Transportation, Government

Status

Public (AIRT)

Website

airt.com

LinkedIn

Company page

Recent activity at Air T

• Sep 04, 2026: SEC 8-K (1.01): On September 1, 2026, Air’Zona Aircraft Services, Inc. and several subsidiaries, collectively referred to as the Alerus Borrowers, entered into Amendment No. 7 to their Credit Agreement with Alerus Financial. This amendment increases the revolving credit commitment from $20 million to $25 million and extends the revolving credit termination date to August 27, 2029. It also revises the borrowing base criteria and introduces an accordion option allowing additional revolving commitments up to $3.5 million under specific conditions. This agreement significantly enhances the liquidity position of Air T, Inc. and its subsidiaries, positioning them for future capital needs and business growth.
• Aug 14, 2026: SEC 8-K (8.01):
• Jul 10, 2026: SEC 8-K (1.01): On July 10, 2026, Air T, Inc. entered into an At the Market Offering Agreement with Ascendiant Capital Markets, LLC, allowing for the sale of up to $8,000,000 in shares of the Company’s common stock. The Agent will sell the shares as per the terms of the agreement, and the Company is not obligated to sell any shares. The sales can be made through various trading methods, and the Company will compensate the Agent with a 3.0% placement fee on gross sales. This agreement enhances the Company's ability to raise capital in a flexible manner, being effective under its existing shelf registration statement dated March 27, 2024.
• Jun 29, 2026: SEC 8-K (8.01):
• Jun 16, 2026: SEC 8-K (1.01):
• Mar 23, 2026: SEC 8-K (8.01): On March 20, 2026, Air T, Inc. issued a notice regarding its proposal to make an unregistered offering of trust preferred securities to existing holders of its outstanding trust preferred securities. This strategic move is significant as it may allow the Company to raise additional capital without going through a public offering process. The details of this notice are provided in Exhibit 99.1 attached to the Form 8-K. This offering could have implications for the Company’s capital structure and liquidity, depending on the uptake by investors.
• Mar 23, 2026: SEC 8-K (8.01): On March 20, 2026, Air T, Inc. reported an important corporate event that falls under Item 8.01 of Form 8-K. The filing indicates a significant operational update that could impact investors and stakeholders. The specific nature of this event is not detailed in the content provided, but it is marked as critical for security holders, implying potential changes or developments within the company. The filing reflects the company's ongoing activities and management's response to current market conditions, though further details would be needed for a complete understanding.
• Mar 10, 2026: SEC 8-K (5.02): On March 9, 2026, Travis Swenson resigned as a director of Air T, Inc., effective the same day. In conjunction with his departure, he also stepped down as Chair of the Audit Committee. His resignation is due to his new role as Chief Financial Officer of the recently acquired Regional Express Holdings Limited, which took effect immediately. This transition does not stem from any disagreements regarding company operations. Lead Independent Director Raymond Cabillot has been appointed as the new Audit Committee Chair.
• Mar 09, 2026: SEC 8-K (1.01): On March 8, 2026, Air T, Inc. entered into a Share Purchase Agreement with Arena Aviation Partners B.V. for the acquisition of all outstanding shares of Arena, facilitated through Crestone Air Partners LLC. The transaction involved aggregate consideration exceeding $35 million, subject to customary post-closing adjustments. Additionally, certain holders of depositary receipts may qualify for contingent cash payments based on future collections as outlined in the agreement. This acquisition marks a significant strategic move for Air T, Inc. aiming to expand its operations.
• Mar 08, 2026: SEC 8-K (1.01): On March 8, 2026, Air T, Inc. entered into a material definitive agreement regarding the issuance of Alpha Income Preferred Securities, specifically 8% Cumulative Capital Securities. This agreement enhances the company's capital structure and aims to provide additional financing for future operations. The transaction reflects the company's strategy to attract investment and improve financial stability. The issuance took place through established trading platforms including NASDAQ, and specific terms regarding the securities' dividends and investor rights were outlined in the agreement.

Leadership

• Nick Swenson, President & CEO
• Tracy Kennedy, Chief Financial Officer

Verified email and direct lines for Air T’s decision-makers are on Fundz. See plans — or book a 15-minute walkthrough.

Employee benefit plans

Air T files 4 employee benefit plans with the U.S. Department of Labor, including a retirement plan. The next plan year renews in Dec 2026.

Air T in the news

• Air T, Inc. (AIRT) stock price, news, quote and history - Yahoo Finance Singapore (May 17, 2017)
• Air T (AIRT) Stock Price, News & Analysis $AIRT - MarketBeat (Aug 13, 2016)
• Step-by-Step Guide to Raising an Airtel Complaint Online - Airtel (Oct 15, 2025)
• Airtel Missed Call Alert Feature Activation in Airtel - Airtel (Sep 19, 2022)

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About Air T: questions and answers

Source: Fundz records from SEC filings, press releases and company announcements. How Fundz measures data accuracy