お知らせ • Dec 19
Air T, Inc. (NasdaqCM:AIRT) completed the acquisition of Regional Express Holdings Limited for AUD 1. Air T, Inc. (NasdaqCM:AIRT) entered into a Sale and Implementation Deed to acquire Regional Express Holdings Limited on October 20, 2025. Air T and the Commonwealth of Australia have entered into an agreement pursuant to which Rex’s financing arrangements will be restructured in connection with the acquisition.
The proposed acquisition contemplates a continuation and growth of Rex’s regional airline business and continuing employment for its workforce.
The transaction remains subject to certain other approvals, including approval by Rex’s creditors and the Federal Court of Australia. The expected completion of the transaction is by calendar year end 2025. As of November 11, 2025 majority of Regional Express Holdings Limited creditors both in number and in value voted in favor of Air T, Inc.
Houlihan Lokey, Inc. acted as financial advisor to Rex. EY acted as administrator to Rex.
Air T, Inc. (NasdaqCM:AIRT) completed the acquisition of Regional Express Holdings Limited on December 17, 2025. A cash consideration of AUD 1 will be paid by Air T, Inc. for Regional Express Holdings Limited. As part of the consideration, Air T, Inc. is Regional Express Holdings Limited assuming liabilities valued at approximately AUD 108 million. As of December 11, 2025, the transaction has been approved by the Federal Court of Australia. お知らせ • Jun 25
Air T, Inc., Annual General Meeting, Aug 14, 2025 Air T, Inc., Annual General Meeting, Aug 14, 2025. Location: minnesota executive office, 5000 west 36th street, suite 200, minnesota 55416., minneapolis United States お知らせ • Oct 23
Air T, Inc. Appoints Tracy Kennedy as Chief Financial Officer On August 7, 2024, Air T, Inc. appointed Tracy Kennedy (“ Kennedy ”), the Company’s Chief Accounting Officer, on an interim basis, to assume the duties of principal financial officer of the Company, effective September 3, 2024. On October 16, 2024, following an extensive search of potential internal and external candidates, the Board of Directors (the “ Board ”) of the Company approved Kennedy’s permanent appointment as the Company’s Chief Financial Officer, and the Company simultaneously entered into an Employment Agreement (the “ Employment Agreement ”) with Kennedy. Kennedy, age 34, was appointed as the Company’s Chief Accounting Officer around October, 2022. As Chief Accounting Officer, Kennedy has been tasked with regulatory compliance (including SEC reporting), corporate governance, risk management, cash-flow management, accounting policies establishment, and internal controls enhancement. Previously, Kennedy served as the Company’s Director of Accounting from May, 2018, to February, 2019, and then as the Company’s Corporate Controller from February, 2019, to October, 2022. In her role as Corporate Controller, Kennedy was responsible for maintaining accurate books and reports and for running the day-to-day accounting operations of the Company. お知らせ • Aug 08
Air T, Inc. Announces CFO Changes Air T, Inc. announced that its Chief Financial Officer, Brian Ochocki, is departing the Company on or about September 3, 2024. The Company has initiated a search for a successor who will build on this strong foundation. In the interim, Tracy Kennedy, Chief Accounting Officer, will oversee the financial operations of the Company. Ms. Kennedy has earned increasing levels of responsibility over her six years at Air T. お知らせ • Jul 11
Air T, Inc., Annual General Meeting, Aug 21, 2024 Air T, Inc., Annual General Meeting, Aug 21, 2024. Location: minnesota executive office, 5000 w. 36 street, suite 200, minnesota 55416, minneapolis United States お知らせ • Apr 07
Air T Receives Approval from the Nasdaq Stock Market to Transfer the Listing of its Common Stock from the Nasdaq Global Market to the Nasdaq Capital Market On April 4, 2024, Air T, Inc. (the ‘Company’) received approval (the ‘Approval’) from the Nasdaq Listing Qualifications Department of the Nasdaq Stock Market (the ‘Nasdaq’) that the Company’s application to transfer the listing of its Common Stock, par value $0.25 per share (the ‘Common Stock’) from the Nasdaq Global Market to the Nasdaq Capital Market has been approved. The Common Stock will be transferred to the Nasdaq Capital Market at the opening of business on April 8, 2024. The Company’s Common Stock will continue to trade under the symbol “AIRT”. The Nasdaq Capital Market operates in substantially the same manner as the Nasdaq Global Market, and listed companies must meet certain financial requirements and comply with Nasdaq’s corporate governance requirements. As previously disclosed, the Company received a letter from Nasdaq on February 15, 2024 notifying the Company that it was not in compliance with the minimum stockholders’ equity requirement for continued listing set forth in Nasdaq Listing Rule 5450(b)(1)(A). Nasdaq Listing Rule 5450(b)(1)(A) requires listed companies to maintain stockholders’ equity of at least $10,000,000. Upon the transfer of listing of the Company’s securities on the Nasdaq Capital Market on April 8, 2024, such deficiency would be resolved. お知らせ • Feb 23
Air T Receives a Deficiency Letter from the Listing Qualifications Department of the Nasdaq Stock Market On February 15, 2024, Air T, Inc. received a deficiency letter from the Listing Qualifications Department of The Nasdaq Stock Market LLC notifying the Company that it is not in compliance with the minimum stockholders’ equity requirement for continued listing set in Nasdaq Listing Rule 5450(b)(1)(A). Nasdaq Listing Rule 5450(b)(1)(A) requires listed companies to maintain stockholders’ equity of at least $10,000,000. The Company has identified its history of stock buybacks as a significant contributing cause, given the direct impact stock buybacks have on stockholders’ equity. The Staff further indicated that, as of the date of the Letter, the Company did not comply with certain requirements under the alternative standards set in Nasdaq Listing Rules 5450(b)(2) and 5450(b)(3) for continued listing on the Nasdaq Global Select Market. Specifically, the Staff identified that the Company does not meet the alternative standard requiring a certain minimum number of publicly (i.e. non-insider) held shares. This is also directly linked to the Company’s history of stock buybacks, given Company insiders do not participate in such buybacks by selling their shares to the Company. Subsequently, the number of publicly held shares shrinks 1:1 each time the Company buys back its stock. The Letter has no immediate effect on the listing of the Company’s common stock, and its common stock will continue to trade on The Nasdaq Global Select Market under the symbol “AIRT” at this time. In accordance with Nasdaq Listing Rule 5810(c)(2), the Company has been provided 45 calendar days, or until April 1, 2024, to submit a plan to regain compliance (the “Compliance Plan”). If the Compliance Plan is acceptable to the Staff, of which there can be no assurance, they may grant an extension of up to 180 calendar days from the date of the Letter, or until August 13, 2024, to evidence compliance. If the Staff does not accept the Compliance Plan, the Company will have the opportunity to appeal the Staff’s determination to a Nasdaq Hearings Panel. The Company has identified several different plans to address the Letter, and intends to submit the Compliance Plan or resolve the deficiency on or before April 1, 2024. However, there can be no assurance that the Company will be able to regain compliance with the Stockholders’ Equity Requirement or will otherwise be in compliance with the Nasdaq Listing Rules. お知らせ • Jul 25
Air T, Inc., Annual General Meeting, Aug 16, 2023 Air T, Inc., Annual General Meeting, Aug 16, 2023, at 08:30 Central Daylight. Location: Company’s Minnesota executive office 5000 W. 36th Street, Suite 200 Minneapolis Minnesota United States Agenda: To Elect as directors the seven (7) nominees named in the accompanying proxy statement to hold office until the next annual meeting of stockholders and until their respective successors are elected and qualified; To approve, on an advisory basis, the compensation paid to the Company’s named executive officers as disclosed in the accompanying proxy statement; To approve an amendment to the Company’s Certificate of Incorporation to allow for the exculpation of officers; and to discuss other matters. お知らせ • Feb 07
Air T, Inc. (NasdaqGM:AIRT) acquired Worldwide Aircraft Services, Inc. for $3.1 million. Air T, Inc. (NasdaqGM:AIRT) acquired Worldwide Aircraft Services, Inc. for $3.1 million on January 31, 2023. Approximately $1,628,000 of the purchase price was paid at closing. The remaining amount bears interest at the rate of six percent (6%) per annum and is payable via periodic payments up to the January 1, 2026 maturity date. Air T about to secure $1 million of term loan to partially fund the acquisition.
Air T, Inc. (NasdaqGM:AIRT) completed the acquisition of Worldwide Aircraft Services, Inc. on January 31, 2023. お知らせ • Jul 06
Air T, Inc., Annual General Meeting, Aug 17, 2022 Air T, Inc., Annual General Meeting, Aug 17, 2022, at 08:30 Eastern Daylight. Location: 5000 West 36th Street, Suite 200 Minneapolis, Minnesota 55416 Minnepolis Minnesota United States Agenda: To consider elect as directors the six (6) nominees named in the accompanying proxy statement to hold office until the next annual meeting of stockholders and until their respective successors are elected and qualified; to consider approve, on an advisory basis, the compensation paid to the Company’s named executive officers as disclosed in the accompanying proxy statement; to consider ratify the appointment of Deloitte & Touche LLP as the Company’s independent registered public accounting firm for the fiscal year ending March 31, 2023; and to consider transact such other business as may properly come before the meeting, or any adjournment or adjournments thereof.