
Cancel anytime
- Chart
- Upturn Summary
- Highlights
- Valuation
Upturn AI SWOT
- About


Air T Inc (AIRT)


- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- Pass (Skip investing)

(see disclosures)
- ALL
- YEAR
- MONTH
- WEEK
Upturn Advisory Summary
10/15/2025: AIRT (1-star) is currently NOT-A-BUY. Pass it for now.
Analysis of Past Performance
Type Stock | Historic Profit -12.95% | Avg. Invested days 39 | Today’s Advisory PASS |
Upturn Star Rating ![]() | Upturn Advisory Performance ![]() | Stock Returns Performance ![]() |
![]() | ![]() |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 61.28M USD | Price to earnings Ratio - | 1Y Target Price - |
Price to earnings Ratio - | 1Y Target Price - | ||
Volume (30-day avg) - | Beta 0.66 | 52 Weeks Range 14.56 - 30.60 | Updated Date 06/29/2025 |
52 Weeks Range 14.56 - 30.60 | Updated Date 06/29/2025 | ||
Dividends yield (FY) - | Basic EPS (TTM) -2.23 |
Earnings Date
Report Date 2025-06-24 | When Before Market | Estimate - | Actual - |
Profitability
Profit Margin -0.27% | Operating Margin (TTM) 2.33% |
Management Effectiveness
Return on Assets (TTM) 2.36% | Return on Equity (TTM) 4.63% |
Valuation
Trailing PE - | Forward PE - | Enterprise Value 175425697 | Price to Sales(TTM) 0.21 |
Enterprise Value 175425697 | Price to Sales(TTM) 0.21 | ||
Enterprise Value to Revenue 0.6 | Enterprise Value to EBITDA 22 | Shares Outstanding 2725920 | Shares Floating 887722 |
Shares Outstanding 2725920 | Shares Floating 887722 | ||
Percent Insiders 51.85 | Percent Institutions 23.89 |
Upturn AI SWOT
Air T Inc

Company Overview
History and Background
Air T, Inc. was founded in 1980. Initially focused on overnight air cargo, it has evolved into a holding company with diverse aviation-related businesses, including overnight air cargo, ground support equipment, and aircraft parts.
Core Business Areas
- Aviation Ground Support Equipment: Manufactures and sells aviation ground support equipment such as aircraft deicers and belt loaders. This segment serves airlines, airports, and cargo handlers.
- Overnight Air Cargo: Provides air cargo services, primarily focused on overnight delivery for various industries.
- Aircraft Parts: Supplies new and refurbished aircraft parts and components to airlines, maintenance facilities, and other aviation-related businesses.
Leadership and Structure
Air T, Inc. operates as a holding company. Walter H. Johnson serves as the Chairman and CEO. The company's structure includes separate operating subsidiaries each managing its business segment.
Top Products and Market Share
Key Offerings
- Aircraft Deicers: Manufactures and sells aircraft deicing equipment to airlines and airports. Market share varies by region and contract. Competitors include Tronair, Vestergaard, and Safeaero. Revenue figures are not publicly available.
- Belt Loaders: Manufactures and sells belt loaders for baggage handling. Market share varies. Competitors include FMC Technologies and JBT Corporation. Revenue figures are not publicly available.
- Air Cargo Services: Provides overnight air cargo delivery solutions. Market share is regional. Competitors include FedEx, UPS, and DHL. Revenue figures are not publicly available.
Market Dynamics
Industry Overview
The aviation industry is cyclical and influenced by economic conditions, fuel prices, and regulatory changes. The ground support equipment market is driven by aircraft fleet size and airport infrastructure investments. Air cargo is affected by global trade and e-commerce growth.
Positioning
Air T, Inc. occupies a niche position by offering a diversified range of aviation-related products and services. Its competitive advantage lies in its specialized product offerings and customer relationships.
Total Addressable Market (TAM)
The TAM for aviation ground support equipment is estimated to be in the billions of dollars globally. The overnight air cargo market is also in the billions. Air T Inc.'s positioning allows it to capture a portion of both.
Upturn SWOT Analysis
Strengths
- Diversified business segments
- Established customer relationships
- Specialized product offerings
- Experienced management team
Weaknesses
- Small market capitalization
- Limited financial resources compared to larger competitors
- Dependence on the aviation industry
- Lack of geographic diversification
Opportunities
- Growth in e-commerce driving air cargo demand
- Increased airport infrastructure investments
- Expansion into new geographic markets
- Acquisition of complementary businesses
Threats
- Economic downturns reducing air travel and cargo volumes
- Fluctuations in fuel prices
- Increased competition from larger players
- Regulatory changes impacting the aviation industry
Competitors and Market Share
Key Competitors
- FedEx (FDX)
- UPS (UPS)
- JBT Corporation (JBT)
Competitive Landscape
Air T faces competition from larger, more established players with greater financial resources and broader service offerings. Air T's advantages lie in its specialized products and customer relationships, enabling it to compete in niche markets.
Growth Trajectory and Initiatives
Historical Growth: Growth has been influenced by acquisitions and organic expansion within its core businesses. Further details require reviewing their financial reports.
Future Projections: Analyst estimates need to be consulted for projections. This is a placeholder.
Recent Initiatives: Reviewing recent press releases and investor presentations is needed for this. This is a placeholder.
Summary
Air T Inc. is a diversified aviation holding company with niche products. Its strengths lie in established customer relationships and specialized offerings. However, its small market cap and dependence on the aviation industry pose challenges. Future growth depends on strategic initiatives and economic conditions.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Company Website
- SEC Filings
- Market Research Reports
- Yahoo Finance
Disclaimers:
The data provided is for informational purposes only and should not be considered financial advice. Market conditions and company performance are subject to change. Accuracy is not guaranteed. This analysis is based on publicly available information and may not reflect all relevant factors.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Air T Inc
Exchange NASDAQ | Headquaters Charlotte, NC, United States | ||
IPO Launch date 1984-04-24 | Chairman, President & CEO Mr. Nicholas John Swenson | ||
Sector Industrials | Industry Conglomerates | Full time employees 624 | Website https://airt.net |
Full time employees 624 | Website https://airt.net |
Air T, Inc., through its subsidiaries, provides overnight air cargo, ground equipment sale, and commercial jet engines and parts in the United States and internationally. The company's Overnight Air Cargo segment offers air express delivery services. As of March 31, 2024, this segment had 105 aircraft under the dry-lease agreements with FedEx. Its Ground Equipment Sales segment manufactures, sells, and services aircraft deicers, scissor-type lifts, military and civilian decontamination units, flight-line tow tractors, glycol recovery vehicles, and other specialized equipment. This segment sells its products to passenger and cargo airlines, ground handling companies, the United States Air Force, airports, and industrial customers. The company's Commercial Jet Engines and Parts segment offers commercial aircraft trading, leasing, and parts solutions; commercial aircraft storage, storage maintenance, and aircraft disassembly/part-out services; commercial aircraft parts sales, exchanges, procurement services, consignment programs, and overhaul and repair services; and aircraft instrumentation, avionics, and various electrical accessories for civilian, military transport, regional/commuter and business/commercial jet, and turboprop aircraft to airlines and commercial aircraft leasing companies. This segment also provides composite aircraft structures, and repair and support services, as well as aircraft service and maintenance services. Air T, Inc. was incorporated in 1980 and is based in Charlotte, North Carolina.

Note: This website is maintained by Upturn Corporation, which is an investment adviser registered with the U.S. Securities and Exchange Commission. Such registration does not imply a certain level of skill or training. Investing in securities has risks. Past performance is no guarantee of future returns. No assurance is provided as to any particular investment return, and you may lose money using our services. You are strongly advised to consult appropriate counsel before making any investments in companies you learn about through our services. You should obtain appropriate legal, tax, investment, accounting, and other advice that takes into account your investment portfolio and overall financial situation. You are solely responsible for conducting due diligence on a potential investment. We do not affect trades for you. You will select your own broker through which to transact. Investments are not FDIC insured, they are not guaranteed, and they may lose value. Please see the Privacy Policy, Terms of Use, and Disclosure for more information.