Air T Inc PR

NASDAQ AIRTP

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Air T Inc PR Market Value Added (MVA) on June 03, 2024: USD 406.23 M

Air T Inc PR Market Value Added (MVA) is USD 406.23 M on June 03, 2024, a NA change year over year. Market value added is a financial metric that represents the difference between a company's market capitalization and its shareholders' equity. It is calculated by subtracting the shareholders' equity from the market capitalization. Market value added reflects the market's assessment of the company's value above and beyond the book value of its equity. A positive market value added indicates that the market values the company higher than its shareholders' equity, suggesting potential investor confidence and value creation.
  • Air T Inc PR 52-week high Market Value Added (MVA) is USD 431.82 M on May 31, 2024, which is 6.30% above the current Market Value Added (MVA).
  • Air T Inc PR 52-week low Market Value Added (MVA) is USD 30.38 M on January 17, 2024, which is -92.52% below the current Market Value Added (MVA).
  • Air T Inc PR average Market Value Added (MVA) for the last 52 weeks is USD 86.07 M.
NASDAQ: AIRTP

Air T Inc PR

CEO -
IPO Date June 11, 2019
Location United States
Headquarters 5930 Balsom Ridge Road, Denver, NC, United States, 28037
Employees 584
Sector Industrials
Industry Conglomerates
Description

Air T, Inc., through its subsidiaries, provides overnight air cargo, ground equipment sale, and commercial jet engines and parts in the United States and internationally. The Overnight Air Cargo segment offers air express delivery services. As of March 31, 2023, this segment had 85 aircraft under the dry-lease agreements with FedEx. The Ground Equipment Sales segment manufactures, sells, and services aircraft deicers, scissor-type lifts, military and civilian decontamination units, flight-line tow tractors, glycol recovery vehicles, and other specialized equipment. This segment sells its products to passenger and cargo airlines, ground handling companies, the United States Air Force, airports, and industrial customers. The Commercial Aircraft, Engines and Parts segment offers commercial aircraft trading, leasing, and parts solutions; commercial aircraft storage, storage maintenance, and aircraft disassembly/part-out services; commercial aircraft parts sales, exchanges, procurement services, consignment programs, and overhaul and repair services; and aircraft instrumentation, avionics, and a range of electrical accessories for civilian, military transport, regional/commuter and business/commercial jet, and turboprop aircraft. This segment also provides composite aircraft structures, and repair and support services. Air T, Inc. was incorporated in 1980 and is based in Denver, North Carolina.

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StockViz Staff

September 19, 2024

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