Name | Value |
---|---|
Revenues | 60.7M |
Cost of Revenue | 48.4M |
Gross Profit | 12.3M |
Operating Expense | 10.7M |
Operating I/L | 1.6M |
Other Income/Expense | -3.5M |
Interest Income | 2.0M |
Pretax | -1.9M |
Income Tax Expense | -0.6M |
Net Income/Loss | -1.3M |
Air T, Inc. operates through its subsidiaries, providing overnight air cargo services with a fleet of 72 aircraft under dry-lease agreements with FedEx. The company also manufactures and sells ground equipment such as aircraft deicers, lifts, and military decontamination units. Additionally, it offers commercial aircraft trading, leasing, parts solutions, storage maintenance, disassembly services, and aircraft parts sales and repair. Its products cater to passenger and cargo airlines, ground handling companies, the United States Air Force, airports, and industrial customers, generating revenue from air express delivery services, ground equipment sales, and commercial aircraft, engines, and parts solutions.