AO Partners Provides Information to the Shareholders
January 12, 2021 at 03:01 pm
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On January 12, 2021, AO Partners Group announced that it intends to influence the policies of Air T, Inc. and assert shareholder rights, with a goal of maximizing the value of the common stock.
Air T, Inc. is a holding company with a portfolio of operating businesses and financial assets. The Company's segments include overnight air cargo, ground equipment sales, commercial jet engines and parts, and corporate and other. The Overnight air cargo segment operates in the air express delivery services industry. The Ground equipment sales segment manufactures and provides mobile deicers and other specialized equipment products to passenger and cargo airlines, airports, the military and industrial customers. The Company also offers fixed-pedestal-mounted deicers. The Commercial jet engines and parts segment manages and leases aviation assets, supplies surplus and aftermarket commercial jet engine components, provides commercial aircraft disassembly/part-out services, commercial aircraft parts sales, and procurement services and overhaul and repair services to airlines. The Corporate and other segment acts as the capital allocator and resource for other consolidated businesses.
AIR T, INC. 
