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Air T Inc (AIRT.OQ)

AIRT.OQ on NASDAQ Stock Exchange Global Market

16.35USD
20 Aug 2019
Change (% chg)

$-0.11 (-0.67%)
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$16.46
Open
$16.35
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Volume
10
Avg. Vol
937
52-wk High
$29.17
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$14.95

Latest Key Developments (Source: Significant Developments)

Air T Says Brian Ochocki Appointed CFO
Tuesday, 18 Jun 2019 

June 18 (Reuters) - Air T Inc ::SAYS BRIAN OCHOCKI APPOINTED CFO.OCHOCKI WILL ALSO SERVE AS PRINCIPAL FINANCIAL OFFICER..APPOINTED BRIAN OCHOCKI AS CFO & PRINCIPAL FINANCIAL OFFICER, EFFECTIVE JULY 8, 2019.  Full Article

Air T Inc Says Candice Otey, Principal Financial Officer Notified Co That She Resigned
Wednesday, 24 Apr 2019 

April 24 (Reuters) - Air T Inc ::AIR T INC - ON APRIL 18 CANDICE OTEY, PRINCIPAL FINANCIAL OFFICER NOTIFIED COMPANY THAT SHE RESIGNED , EFFECTIVE IMMEDIATELY.AIR T INC - SETH BARKETT APPOINTED INTERIM PRINCIPAL FINANCIAL OFFICER AND WILL REMAIN IN THIS POSITION WHILE CFO SEARCH PROCESS CONTINUES.AIR T INC - A SIGNIFICANT CUSTOMER OF COMPANY'S INFORMED MAC ON APRIL 19, 2019 THAT A STRATEGIC REALIGNMENT WOULD OCCUR IN CARIBBEAN REGION UNIT.AIR T INC - CHANGE WILL AFFECT SERVICE PROVIDED BY MAC IN THAT REGION.AIR T INC - MAC ASSETS AND SERVICES WILL BE TRANSFERRED TO A NEW CARRIER..AIR T INC - MAC CURRENTLY ESTIMATES THAT APPROXIMATELY ELEVEN (11) AIRCRAFT WILL BE TRANSITIONED TO NEW CARRIER.AIR T INC - UP TO $2 MILLION IN REVENUE AND $540,000 IN NET INCOME ARE CURRENTLY ESTIMATED TO BE INVOLVED.  Full Article

Air T Inc Unit Entered Into Loan Agreement For A Revolving Credit Facility
Tuesday, 9 Apr 2019 

April 9 (Reuters) - Air T Inc ::AIR T INC SAYS ON APRIL 3, UNIT ENTERED INTO A LOAN AGREEMENT FOR A REVOLVING CREDIT FACILITY IN PRINCIPAL AMOUNT OF $10 MILLION - SEC FILING.  Full Article

Air T Says Entered Into Amended Credit Agreement On March 29
Thursday, 4 Apr 2019 

April 4 (Reuters) - Air T Inc ::AIR T INC - ON MARCH 29 CO ENTERED INTO THAT CERTAIN AMENDED AND RESTATED CREDIT AGREEMENT PRINCIPALLY TO REFINANCE WORTHINGTON CREDIT FACILITY.AIR T INC -AS PER AMENDED AGREEMENT, REVOLVING CREDIT FACILITY INCREASED TO $17 MILLION - SEC FILING.AIR T INC -AS PER AMENDED AGREEMENT, MATURITY DATE EXTENDED TO NOVEMBER 30, 2027.  Full Article

Air T Announces Resignation Of CFO Brett Reynolds
Thursday, 28 Mar 2019 

March 28 (Reuters) - Air T Inc ::AIR T, INC. ANNOUNCES RESIGNATION OF BRETT REYNOLDS, CHIEF FINANCIAL OFFICER.AIR T INC - RETAINED AN EXECUTIVE SEARCH FIRM AND HAS COMMENCED A SEARCH FOR REYNOLD'S SUCCESSOR.AIR T INC - BRETT REYNOLDS EXPECTS TO RESIGN HIS EMPLOYMENT WITH COMPANY ON OR ABOUT APRIL 12 TO ACCEPT A POSITION AT ANOTHER CO.  Full Article

Air T Q3 Loss Per Share $1.34
Thursday, 14 Feb 2019 

Air T Inc ::AIR T, INC. REPORTS THIRD QUARTER FISCAL 2019 RESULTS.Q3 LOSS PER SHARE $1.34.Q3 REVENUE ROSE 43 PERCENT TO $63.6 MILLION.  Full Article

Air T says Contrail Aviation Support Sells Two Used CFMI CFM56-7B22 Aircraft Engines
Monday, 4 Feb 2019 

Feb 4 (Reuters) - Air T Inc ::CONTRAIL AVIATION SUPPORT ENTERED INTO AND CLOSED ON A PURCHASE AGREEMENT TO SELL TWO USED CFMI CFM56-7B22 AIRCRAFT ENGINES.TOTAL TRANSACTION VALUE FOR SALE EXCEEDED $8 MILLION.  Full Article

Air T Inc says On Sept 17, Contrail Aviation Support Llc Acquired Two Used Airbus A319-100 Aircraft
Thursday, 20 Sep 2018 

Sept 20 (Reuters) - Air T Inc ::AIR T INC-ON SEPT 17, CONTRAIL AVIATION SUPPORT, LLC, A 79%-OWNED SUBSIDIARY OF CO ACQUIRED TWO USED AIRBUS A319-100 AIRCRAFT - SEC FILING.AIR T INC - TRANSACTION VALUE EXCEEDED $35 MILLION.AIR T INC - ON SEPT 14, CONTRAIL AND ITS UNIT CONTRAIL AVIATION LEASING, LLC ENTERED INTO A NEW BUSINESS LOAN AGREEMENT.AIR T INC - NEW LOAN AGREEMENT, RELATED PROMISSORY NOTE PROVIDE FOR A BORROWING BY CONTRAIL AND CAL OF $18 MILLION WITH A MATURITY DATE OF SEPT 14, 2021.AIR T INC - CONTRAIL AND CAL HAVE USED PROCEEDS OF NEW LOAN IN CONNECTION WITH PURCHASE BY CAL OF TWO AIRCRAFT, EACH AN AIRBUS A319-100.  Full Article

Air T Urges Insignia Systems Shareholders Vote For Approval Of Voting Rights Proposal
Monday, 2 Jul 2018 

July 2 (Reuters) - Air T Inc ::AIR T INC - COMMENTED ON RECOMMENDATION BY GLASS LEWIS THAT INSIGNIA SYSTEMS, INC SHAREHOLDERS VOTE FOR ITEM #6, APPROVAL OF VOTING RIGHTS.AIR T INC - AIR T, INC PLUS FUNDS AFFILIATED WITH AIR T, INC. TOGETHER OWN APPROXIMATELY 32% OF INSIGNIA'S OUTSTANDING SHARES.AIR T INC - URGE INSIGNIA SYSTEMS INC. SHAREHOLDERS VOTE FOR APPROVAL OF VOTING RIGHTS PROPOSAL.  Full Article

Diversified Holding Company Air T Names Brett Reynolds As SVP And CFO
Wednesday, 9 May 2018 

May 9 (Reuters) - Air T Inc ::DIVERSIFIED HOLDING COMPANY AIR T, INC. NAMES BRETT REYNOLDS AS SVP AND CFO.AIR T INC - CANDICE OTEY TO CONTINUE TO SERVE AS CAO OF CO.AIR T INC - REYNOLDS MOST RECENTLY SERVED AS SVP AND CFO OF COGENTIX MEDICAL.  Full Article