AIR T Inc. AIRT

What this company does

Air T, Inc. operates in five core industry segments: overnight air cargo, which operates in the air express delivery services industry; ground support equipment, which manufactures and provides mobile deicers and other specialized equipment to passenger and cargo airlines, airports, the military and industrial customers; commercial aircraft, engines and parts, which manages and leases aviation assets and supplies surplus and aftermarket commercial jet engine components; digital solutions, which develops and provides digital aviation and other business services to customers within the aviation industry; and regional airline, which provides scheduled regional passenger, freight and charter airline services and pilot training in Australia. As of March 31, 2026, the Company and its subsidiaries had approximately 1,666 full-time and full-time-equivalent employees, of which approximately 969 were employed by Rex in Australia and the remainder were employed by the Company's other consolidated subsidiaries, principally in the United States. Revenues from MAC and CSA's contracts with FedEx accounted for approximately 35% and 39% of the Company's consolidated revenue for the fiscal years ended March 31, 2026 and 2025, respectively. GGS manufactures five basic models of mobile deicing equipment with capacities ranging from 1,200 to 2,800 gallons. Contrail acquires commercial aircraft, jet engines and components for the purposes of sale, trading, leasing and disassembly/overhaul. As of March 31, 2026, Rex's network served 53 destinations across all Australian states, comprising seven hub airports—Sydney, Melbourne, Adelaide, Brisbane, Cairns, Townsville and Perth—and 46 regional ports, with more than 1,000 scheduled flights per week. Air T was incorporated under the laws of the State of Delaware in 1980.

Written from the business description in AIR T, INC.'s annual report to the U.S. Securities and Exchange Commission, filed 29 June 2026. Every sentence was checked against that document before publication.