Air T, Inc.

NasdaqCM:AIRT Stock Report

Market Cap: US$79.9m

Air T Management

Management criteria checks 4/4

Air T's CEO is Nick Swenson, appointed in Feb 2014, has a tenure of 12.58 years. total yearly compensation is $181.88K, comprised of 27.5% salary and 72.5% bonuses, including company stock and options. directly owns 12.35% of the company’s shares, worth $9.87M. The average tenure of the management team and the board of directors is 8.3 years and 10.9 years respectively.

Key information

Nick Swenson

Chief executive officer

US$181.9k

Total compensation

CEO salary percentage27.49%
CEO tenure12.6yrs
CEO ownership12.4%
Management average tenure8.3yrs
Board average tenure10.9yrs

Recent management updates

Recent updates

Analysis Article • Jul 11

We Think Shareholders Should Be Aware Of Some Factors Beyond Air T's (NASDAQ:AIRT) Profit

After announcing healthy earnings, Air T, Inc.'s ( NASDAQ:AIRT ) stock rose over the last week. While the headline...
Analysis Article • Mar 27

Further Upside For Air T, Inc. (NASDAQ:AIRT) Shares Could Introduce Price Risks After 30% Bounce

The Air T, Inc. ( NASDAQ:AIRT ) share price has done very well over the last month, posting an excellent gain of 30...
Analysis Article • Mar 21

Health Check: How Prudently Does Air T (NASDAQ:AIRT) Use Debt?

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Analysis Article • Nov 16

Is Air T (NASDAQ:AIRT) Using Too Much Debt?

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Analysis Article • Apr 09

Returns At Air T (NASDAQ:AIRT) Appear To Be Weighed Down

To find a multi-bagger stock, what are the underlying trends we should look for in a business? Ideally, a business will...
Seeking Alpha • Aug 12

Air T GAAP EPS of -$0.50, revenue of $50.9M

Air T press release (NASDAQ:AIRT): Q1 GAAP EPS of -$0.50. Revenue of $50.9M (+37.9% Y/Y). Adjusted EBITDA profit of $1.5 million for the quarter ended June 30, 2022, compared to an Adjusted EBITDA profit of $0.3 million in the prior year's comparable quarter.
Analysis Article • Nov 19

There Are Some Holes In Air T's (NASDAQ:AIRT) Solid Earnings Release

Solid profit numbers didn't seem to be enough to please Air T, Inc.'s ( NASDAQ:AIRT ) shareholders. We think that they...
Analysis Article • Jul 22

Is Air T (NASDAQ:AIRT) A Risky Investment?

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Analysis Article • Mar 01

Is Air T (NASDAQ:AIRT) Weighed On By Its Debt Load?

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Analysis Article • Jan 08

The Air T (NASDAQ:AIRT) Share Price Is Up 78% And Shareholders Are Holding On

The main point of investing for the long term is to make money. Furthermore, you'd generally like to see the share...
Analysis Article • Dec 13

How Many Air T, Inc. (NASDAQ:AIRT) Shares Did Insiders Buy, In The Last Year?

We've lost count of how many times insiders have accumulated shares in a company that goes on to improve markedly. On...

CEO Compensation Analysis

How has Nick Swenson's remuneration changed compared to Air T's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2026n/an/a

US$64m

Mar 31 2026US$182kUS$50k

US$78m

Dec 31 2025n/an/a

-US$7m

Sep 30 2025n/an/a

-US$6m

Jun 30 2025n/an/a

-US$7m

Mar 31 2025US$50kUS$50k

-US$6m

Dec 31 2024n/an/a

-US$812k

Sep 30 2024n/an/a

-US$2m

Jun 30 2024n/an/a

-US$7m

Mar 31 2024US$50kUS$50k

-US$7m

Dec 31 2023n/an/a

-US$14m

Sep 30 2023n/an/a

-US$12m

Jun 30 2023n/an/a

-US$11m

Mar 31 2023US$50kUS$50k

-US$12m

Dec 31 2022n/an/a

US$1m

Sep 30 2022n/an/a

US$420k

Jun 30 2022n/an/a

US$9m

Mar 31 2022US$832kUS$50k

US$11m

Dec 31 2021n/an/a

US$967k

Sep 30 2021n/an/a

US$4m

Jun 30 2021n/an/a

-US$6m

Mar 31 2021US$50kUS$50k

-US$7m

Dec 31 2020n/an/a

-US$1m

Sep 30 2020n/an/a

-US$3m

Jun 30 2020n/an/a

-US$3m

Mar 31 2020US$50kUS$50k

-US$409k

Compensation vs Market: Nick's total compensation ($USD181.88K) is below average for companies of similar size in the US market ($USD651.76K).

Compensation vs Earnings: Nick's compensation has been consistent with company performance over the past year.

CEO

Nick Swenson (57 yo)

12.6yrs
Tenure
US$181,879
Compensation

Mr. Nicholas John Swenson, also known as Nick, is Director of Maxwell Labs Inc. from September 2025. He is an Executive, Investor and Research Analyst. He served as an Additional Director at Bloomia Holdin...

Leadership Team

NamePositionTenureCompensationOwnership
Nicholas Swenson
Chairman12.6yrsUS$181.88k12.35%
$ 9.9m
Tracy Kennedy
Chief Financial Officer3.6yrsUS$446.27k0.0037%
$ 3.0k
Mark Jundt
Secretary & General Counsel8.3yrsno datano data
Katrina Philp
Chief of Staff8.9yrsno datano data
Althea Arvin
Chief Executive Officer of Stratus Aero Partnersless than a yearno datano data
Michael Moore
Chief Executive Officer of Global Ground Support LLC14.7yrsno datano data
Michael Bandalan
CEO of Mountain Air Cargo6.9yrsno datano data
Dave Bixler
President of Jet Yard8.5yrsno datano data
Paul Stewart
President of Ambry Hill Technologies8.1yrsno datano data
Richard Lee
Chief Executive Officer of Delphax Solutions9.1yrsno datano data
Kevin Milligan
Principal & CEO of Crestone Air Partners2.7yrsno datano data
8.3yrs
Average Tenure
43yo
Average Age

Experienced Management: AIRT's management team is seasoned and experienced (8.3 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Nicholas Swenson
Chairman14.1yrsUS$181.88k12.35%
$ 9.9m
Gary Kohler
Director12yrsUS$19.50k0.75%
$ 602.0k
Jamie Thingelstad
Independent Director3.2yrsUS$41.75k0.0037%
$ 3.0k
Raymond Cabillot
Lead Independent Director9.8yrsUS$53.68k0.77%
$ 615.3k
William Foudray
Independent Director13.1yrsUS$25.75k0.28%
$ 226.5k
Peter McClung
Independent Director8.8yrsUS$47.25k0.0037%
$ 3.0k
10.9yrs
Average Tenure
56.5yo
Average Age

Experienced Board: AIRT's board of directors are seasoned and experienced ( 10.9 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/09/18 21:45
End of Day Share Price 2026/09/18 00:00
Earnings2026/06/30
Annual Earnings2026/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Air T, Inc. is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.