Air T, Inc. reported first-quarter fiscal 2027 results ending June 30, 2026, with revenues of $115.5 million, a 63% increase year-over-year. The company posted an operating loss of $12.8 million and adjusted EBITDA of $0.8 million, both declining significantly from prior periods due to transaction costs from the Crestone-Arena acquisition and non-cash depreciation related to the Rex fleet step-up. On June 10, 2026, Crestone Air Partners completed its acquisition of Arena Aviation Capital for $33.9 million in cash and contingent consideration, creating a combined platform managing $3.0 billion in assets. The filing also notes that Rex generated $55.9 million in revenue with an adjusted EBITDA of $1.9 million despite operational constraints from engine maintenance delays. Air T operates as a diversified holding company with businesses spanning overnight air cargo, ground support equipment, commercial aircraft leasing and parts, regional airlines, digital solutions, and aviation asset management.

Air T, Inc. reported financial results for the fiscal first quarter ended June 30, 2026. Revenues totaled $115.5 million, a 63% increase from the prior year comparable period, driven by $55.9 million in revenue from the December 2025 acquisition of Regional Express Holdings Pty Ltd (Rex). The company reported an operating loss of $12.8 million and a net loss per share of $5.86, compared to an operating income of $0.8 million and net loss per share of $0.61 in the prior year. Adjusted EBITDA was $0.8 million, down from $1.5 million in the prior year comparable quarter. Air T operates a diversified portfolio of aviation businesses including regional airline services, overnight air cargo, commercial aircraft leasing, ground support equipment manufacturing, and digital solutions.

Air T, Inc. issued a press release on June 29, 2026, announcing its financial results for the fiscal year ended March 31, 2026. The company is in the transportation and logistics sector, providing air charter and air chartering services.

Air T, Inc. completed a reorganization of its aviation asset management platform and the acquisition of Arena Aviation Partners B.V. through its platform vehicle, Crestone Air Partners, LLC (CAP). The company and Aviation Growth Initiatives, LLC acquired the remaining 10% interest in Crestone Asset Management, LLC for $6.2 million. CAP acquired Arena for $21.75 million in cash, funded by $21.7 million in cash contributions to CAP from the Company and Blue Owl Capital Inc. Additionally, the company's subsidiaries entered into an amendment to their Alerus Credit Agreement to establish a temporary $2.8 million overline revolving credit commitment. Air T, Inc. is an aviation asset management and services company.