- BySeeking Alpha-
Air T (AIRT): Q1 GAAP EPS of $0.10.Revenue of $36.9M (-0.3% Y/Y)Press Release
Air T, Inc. is a holding company with a portfolio of operating businesses and financial assets. The Company's segments include: overnight air cargo, ground equipment sales, and commercial jet engine and parts. The overnight air cargo segment operates in the air express delivery services industry. The ground equipment sales segment manufactures and provides mobile deicers and other specialized equipment products to passenger and cargo airlines, airports, the military and industrial customers. The commercial jet engine and parts segment manages and leases aviation assets, supplies surplus and aftermarket commercial jet engine components, provides commercial aircraft disassembly/part-out services, commercial aircraft parts sales, procurement services, and overhaul and repair services to airlines.