AIR T INC
For the period ended Mar 31, 2024. Filed Jun 26, 2024.
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FY2024 · Filed Jun 26, 2024
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Notes to Consolidated Financial Statements
YEARS ENDED MARCH 31, 2024 AND 2023
Air T, Inc. (the “Company,” “Air T,” “we” or “us” or “our”) is a holding company with a portfolio of operating businesses and financial assets. Our goal is to prudently and strategically diversify Air T’s earnings power, compounding its free-cash-flow per share over time.
We currently operate infour industry segments:
Commercial aircraft, engines and parts, which 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 and;
Each business segment has separate management teams and infrastructures that offer different products and services. We evaluate the performance of our business segments based on operating income (loss) and Adjusted EBITDA.
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