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Air T Inc (AIRT.OQ)

AIRT.OQ on NASDAQ Stock Exchange Capital Market

40.30USD
22 Oct 2018
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Latest Key Developments (Source: Significant Developments)

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

Air T Inc Says On March 23, Delivered Letter To Insignia Systems
Monday, 26 Mar 2018 

March 26 (Reuters) - Air T Inc ::AIR T INC SAYS ON MARCH 23, DELIVERED LETTER TO INSIGNIA SYSTEMS INC - SEC FILING.AIR T INC SAYS IN THE LETTER, WILL AGREE TO SUPPORT SLATE OF DIRECTORS FOR AT LEAST THE NEXT TWO ANNUAL MEETINGS.AIR T INC SAYS IN THE LETTER, REQUESTS THE REMOVAL OF MSSRS. ZABALLOS AND ZENZ FROM THE BOARD.AIR T INC SAYS IN THE LETTER, REQUESTS TO ACCEPT ONE BOARD NOMINATION FROM AIR T INC.  Full Article

Air T - Anticipates Entering Financing Deal With Minnesota Bank & Trust
Monday, 18 Dec 2017 

Dec 18 (Reuters) - Air T Inc ::AIR T - ANTICIPATES ENTERING INTO FINANCING DEAL WITH MINNESOTA BANK & TRUST ON DEC 21, PURSUANT TO WHICH MBT WILL EXTEND $26.9 MILLION IN FINANCING.  Full Article

‍Air T Reports 5.4 Pct Passive Stake In Oxbridge Re Holdings
Tuesday, 28 Nov 2017 

Nov 28 (Reuters) - Air T Inc ::‍AIR T INC​ REPORTS 5.4 PERCENT PASSIVE STAKE IN OXBRIDGE RE HOLDINGS LTD AS OF NOVEMBER 15, 2017 - SEC FILING.  Full Article

Air T, inc reports Q2 earnings per share $0.21
Tuesday, 14 Nov 2017 

Nov 14 (Reuters) - Air T Inc :Air T, Inc. reports unaudited second quarter earnings.Q2 earnings per share $0.21.Q2 revenue $48.86 million.Air T Inc - ‍order backlog for ground equipment sales was $20,400,000 million at September 30, 2017, as compared to $2,800,000 million at March 31, 2017​.  Full Article

Air T Inc reports Q1 earnings $0.47/shr
Thursday, 26 Oct 2017 

Oct 26 (Reuters) - Air T Inc :Air T Inc. Reports unaudited first quarter earnings.Q1 earnings per share $0.47.Q1 revenue $47.7 million.  Full Article

BRIEF-Diversified Holding Company Air T Names Brett Reynolds As SVP And CFO

* DIVERSIFIED HOLDING COMPANY AIR T, INC. NAMES BRETT REYNOLDS AS SVP AND CFO