While some investors are already well versed in financial metrics (hat tip), this article is for those who would like...
David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Air T Chairman and CEO, Nick Swenson, commented, "We are excited to welcome Brian Ochocki to Air T. He will expand the capabilities of our senior leadership team while helping us pursue continuous improvement and growth. Brian is a seasoned executive with an impressive background, including broad finance and operations experience across multiple industries. Brian Ochocki commented: "I am looking forward to joining the Air T organization to contribute to its mission of creating long-term shareholder value.
MINNEAPOLIS, MN and DENVER, NC / ACCESSWIRE / July 9, 2019 / Air T, Inc., (NASDAQ: AIRT), an allocator that owns a portfolio of operating businesses and financial assets, today announced that it has released ...
If you own shares in Air T, Inc. (NASDAQ:AIRT) then it's worth thinking about how it contributes to the volatility of...
DENVER, NC / ACCESSWIRE / November 12, 2019 / Air T, Inc. (AIRT) is organized as a portfolio of powerful businesses, each of which is independent yet interrelated. Today the Company announced results for its fiscal quarter ended September 30, 2019. On September 30, the Company completed the sale of its wholly-owned subsidiary, Global Aviation Services, LLC ("GAS") to PrimeFlight Aviation Services, Inc. The Company received approximately $20.5 million of total proceeds and can earn an addition $4.0 million in additional consideration if certain performance metrics are achieved by GAS by March 31, 2020.
The record date for the reverse split will be January 14, 2020, and as of that date, the CUSIP number for the AIP will be 00919P 302. As a result of the reverse split, effective January 14, 2020, the stated value of the AIP will be $25.00 per share. Warrants to purchase AIP ("Warrants") (NASDAQ:AIRTW) will remain outstanding, with the number of shares of AIP that can be purchased and the exercise price per share to be adjusted for the reverse split.
DENVER, NC / ACCESSWIRE / August 16, 2019 / Air T, Inc. (AIRT) ("Air T") announced today the record date, payment date and payment rate for the initial quarterly cash on its Alpha Income Preferred (AIP) securities (NASDAQ:AIRTP), which provide for distributions at the rate of 8.0% per annum on the stated value of $2.50 per share of AIP. The distribution payment date will be Tuesday, August 27, 2019, to holders as of the Record Date of August 26, 2019. This initial distribution will cover the period from June 10, 2019, the date of initial issuance, to the payment date of August 27, 2019, and the distribution will be in the amount of $0.0433 per share of AIP.
DENVER, NC / ACCESSWIRE / February 14, 2020 / Air T, Inc. (AIRT) is organized as a portfolio of powerful businesses, each of which is independent yet interrelated. Today the Company announced results for its fiscal quarter ended December 31, 2019. Revenues totaled $73.3 million for the fiscal quarter ended December 31, 2019, a 32% increase from the prior year comparable quarter.
We've lost count of how many times insiders have accumulated shares in a company that goes on to improve markedly. The...
Today we'll look at Air T, Inc. (NASDAQ:AIRT) and reflect on its potential as an investment. To be precise, we'll...
DENVER, NC / ACCESSWIRE / June 28, 2019 / Air T, Inc. (NASDAQ: AIRT) is a holding company with a portfolio of operating businesses and financial assets. These operating businesses include overnight air ...
If you're interested in Air T, Inc. (NASDAQ:AIRT), then you might want to consider its beta (a measure of share price...
Air T, Inc. (NASDAQ:AIRT) shareholders might be concerned after seeing the share price drop 22% in the last quarter...
Unfortunately for some shareholders, the Air T (NASDAQ:AIRT) share price has dived 41% in the last thirty days. Indeed...
Investors can approximate the average market return by buying an index fund. While individual stocks can be big...
DENVER, NC, / ACCESSWIRE / August 14, 2019 / Air T, Inc. (NASDAQ:AIRT) is organized as a portfolio of powerful businesses, each of which is independent yet interrelated. These include overnight air cargo ...
Even if it's not a huge purchase, we think it was good to see that Nicholas Swenson, the Chairman of Air T, Inc...
The distribution will be paid on Monday, February 17, 2020, to holders as of the Record Date of February 14, 2020. Future distributions will be paid on the 15th day of every February, May, August and November or the next business day if the due date is not on a business day (subject to possible deferral as set forth in the Amended and Restated Trust Agreement dated June 10, 2019). The record date for each distribution will be one business day prior to the distribution date.
MINNEAPOLIS, MN / ACCESSWIRE / November 26, 2019 / AIR T, INC. (AIRT), a company organized as a portfolio of powerful businesses that operate independently yet interrelatedly, today announced the resignation of Andrew Stumpf, a member of its Board of Directors. On November 23, 2019, Andrew Stumpf, Air T Board Member, informed the Company that he is resigning effective immediately for personal reasons.
If you own shares in Air T, Inc. (NASDAQ:AIRT) then it's worth thinking about how it contributes to the volatility of...