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AIRT| Name | Value |
|---|---|
| Revenues | 71.4M |
| Cost of Revenue | 58.0M |
| Gross Profit | 13.4M |
| Operating Expense | 12.8M |
| Operating I/L | 0.7M |
| Other Income/Expense | -0.5M |
| Interest Income | 1.8M |
| Pretax | 0.2M |
| Income Tax Expense | 0.2M |
| Net Income/Loss | -0.5M |
Air T, Inc. and its subsidiaries operate in the air cargo, ground equipment sales, and commercial jet engines and parts, and printing equipment and maintenance services sectors. The company's Overnight Air Cargo segment provides air express delivery services with a fleet of 72 aircraft under dry-lease agreements with FedEx. The Ground Equipment Sales segment manufactures and sells specialized equipment to airlines, ground handling companies, the United States Air Force, airports, and industrial customers. The Commercial Aircraft, Engines and Parts segment offers trading, leasing, parts solutions, storage maintenance, disassembly/part-out services, parts sales, exchanges, and repair services for various aircraft types.
