Air T, Inc. is a holding company that owns a portfolio of operating businesses and financial assets. It runs four core segments: overnight air cargo, ground support equipment, commercial aircraft engines and parts, and digital solutions, plus a corporate function that allocates capital.

Overnight air cargo earns fees for providing crew and operational control of FedEx owned aircraft under dry lease contracts. Ground support equipment sells deicers lifts tow tractors and other specialized ground service equipment to airlines airports the military and industrial customers. Commercial aircraft engines and parts generates income from leasing trading disassembly part out and maintenance of aircraft and engines plus sale of spare components. Digital solutions provides subscription access to aggregated air cargo data and cloud based software tools for aviation aftermarket businesses. Corporate and other includes minor activities and investment income.

The company operates through the following segments.

• Overnight air cargo segment includes Mountain Air Cargo Inc and CSA Air Inc which provide crew and operational control under dry lease contracts with FedEx for feeder cargo routes using Cessna Caravan SkyCourier ATR 42 and ATR 72 aircraft and also includes Worthington Aviation Services Inc which offers inspection repair and overhaul services as an FAA/EASA certified repair station.

• Ground support equipment segment manufactures and sells aircraft deicers scissor type lifts military and civilian decontamination units flight line tow tractors glycol recovery vehicles and other specialized equipment to passenger and cargo airlines ground handling companies the United States Air Force airports and industrial customers.

• Commercial aircraft engines and parts segment acquires leases trades disassembles and parts out aircraft and engines focusing on CFM International CFM56 and International Aero Engines V2500 powerplants for Boeing 737 and Airbus A320 aircraft and provides spare component sales maintenance repair and overhaul services to airlines and leasing companies.

• Digital solutions segment consists of WorldACD Market Data BV which aggregates global air cargo shipping data for subscription access and Ambry Hills Technology LLC which provides cloud based ERP MRO software and a Vista Quote tool to automate request for quotation processes for aviation aftermarket businesses.

The overnight air cargo operation is one of only eight FedEx feeder airlines in the United States and management believes it is the largest contractor of its type. The ground support equipment business competes mainly on product quality reliability delivery service and price while facing rivals with greater financial resources. The commercial aircraft engines and parts segment leverages its ASA 100 accreditation and global parts network to compete on quality reliability and service in a crowded aftermarket market. The digital solutions unit offers specialized data aggregation and cloud based software tools that serve a niche within the aviation technology sector.

The company serves FedEx for its overnight air cargo feeder services the United States Air Force for ground support equipment contracts various airlines airports ground handling companies and industrial customers for deicer and ground service equipment airlines and leasing companies for commercial aircraft parts and maintenance and aviation aftermarket businesses for data and software solutions.