Air T, Inc. - AIRT- Profile

Air T, Inc.. The Group's principal activities are to provide overnight air cargo services, aircraft parts, engine overhaul management and component repair services and aviation ground support equipment products. The Group operates in two segments. Overnight Air Cargo segment provides small package airfreight delivery services on a contract basis throughout the eastern half of the United States, South America, and the Caribbean. Ground Equipment segment manufactures, sells and services aircraft ground support and other specialized equipment sold to domestic and international passenger and cargo airlines, the United States Air Force and Navy, airports and industrial customers. The Group's air cargo service is provided exclusively to Federal Express Corporation. Overnight Air Cargo accounted for 55% of fiscal 2006 revenues and Ground Equipment, 45%