Air T Inc (AIRT)

[J-RO]

Chart shaping up a bit too, this could get interesting from here.....

[OptionMonster]

Should see them in early May..That seems to be their reporting history

[sidesh0wb0b]

when are they due? i didnt find a date in my quick DD search

[OptionMonster]

Waiting for earnings

[sidesh0wb0b]

still sideways here
hopefully under some accumulation
bollies still tight, and DIs looking to head together. CMF not bad either, if we get some good news and vol surge i think most indicators could easily turn this bad boy green

[OptionMonster]

Sweet...Thanks!

[sidesh0wb0b]

some indicators turning up here OM, looking like sideways may come to an end. like i said in previous post, the bollinger bands are pinching here too
BTW charts now in the Ibox!

[sidesh0wb0b]

bollinger bands pinching up here.......last time it was bad news, we shall see this time

[sidesh0wb0b]

kind of trading sideways right now, lets see where the next few weeks bring us
and i should be able to update the ibox later this week/weekend

[sidesh0wb0b]

theres a new mod?!?
lol ty man, ill post them up there when i get a sec

[OptionMonster]

Look at that new mod!

[sidesh0wb0b]

no prob bud, if you want to get the codes, i can PM them to you adn you can add them to the ibox....

[OptionMonster]

Thanks!

[sidesh0wb0b]

here ya go buddy........
15 min chart

[sidesh0wb0b]

i did not get myself a position yet
still running around like a chicken with no head, so time has been limited
my time will come

[OptionMonster]

Did you grab any this week? Doing well in ugly market conditions

[OptionMonster]

No problem and thanks!

[sidesh0wb0b]

its hanging around in a key area, let me see if i cant get some better charts with ADX and PPO on them....gimme a few, im really busy at the lab right now

[OptionMonster]

What do you think???

[sidesh0wb0b]

AIRT charts...

[OptionMonster]

At December 31, 2007, Global’s order backlog was $16.0 million compared to $16.8 million at March 31, 2007 and $8.4 million at December 31, 2006.<<<Backlog has doubled year over year>>>

[OptionMonster]

One thing to really consider here...For the 9 month period ending 12/31/2007 of their fiscal year the revenue generated from ground equipment alone was $22,132,207 and they just received this in February...

Air T unit lands $14.7M contract
Friday February 8, 1:16 pm ET


The U.S. Air Force has awarded a $14.7 million contract to a subsidiary of Air T Inc. for deicing trucks.
The order, given to Global Ground Support, includes shipping costs and operating training for 44 trucks.

"This delivery order, along with our existing backlog, will serve us well in the coming months and provide a good foundation for our next fiscal year," says Walter Clark, chief executive at Air T.

The Maiden-based company (NASDAQ:AIRT - News) provides overnight air-freight service for the express-delivery industry. It also makes and services aircraft ground-support and special-purpose industrial equipment.

Air T is one of the largest, small-aircraft air cargo operators in the country.

[OptionMonster]

Not quite sure if I should step back in..Never a good sign to be down when the market is up almost 300 points..Will continue to monitor...

[OptionMonster]

Well here is our seller....

DePrince, Race & Zollo, Inc. 129,232 Shares on 12/31/2007

http://yahoo.brand.edgar-online.com/fetchFilingFrameset.aspx?FilingID=5690501&Type=HTML

DePrince, Race & Zollo, Inc 8,833 Shares on 2/29/2008

http://yahoo.brand.edgar-online.com/fetchFilingFrameset.aspx?FilingID=5789908&Type=HTML

[rocco_p_coletrain]

i sold on the recent run up looking cheap again ...

[OptionMonster]

Looks like it might be time to start watching for an entry again

[OptionMonster]

Had to happen eventually..lol

[rocco_p_coletrain]

nice little pullback today, it was due, she needs to take a breather. looking forward to the annual report.

peace

[OptionMonster]

Another 52 week high!

[rocco_p_coletrain]

exactly ..

the naz is at 12,300 ...

when the naz was at 14,000 this was trading in the 7 and 8's...LOL

long and strong !!!

peace

[OptionMonster]

Market down 175 and we not only set another 52 week high but closed GREEENNN$$$$$$$$$$

[OptionMonster]

I know she does not..lol..Just did not want to sound like a pumper..Yes the company is doing an AMAZING job!

[rocco_p_coletrain]

she doesn't pullback like you said ..

if you ask me, this beauty is setting up very nicely !!

my friend ask me if he should buy it, and i told him the same thing, wait for the pullback ...lol

peace

[Den]

lol ! ..

[OptionMonster]

Very tight share structure..I would say wait for a pullback but it does not want to..lol

[Den]

AIRT chart

[OptionMonster]

Man O Man! Another 52 Week High!!!!!!$$$$$$$$$$$

[OptionMonster]

New 52 week high!! YE$$$$$$$$$$$$$

[OptionMonster]

These guys have 129,232 shares 5.33%

http://yahoo.brand.edgar-online.com/fetchFilingFrameset.aspx?FilingID=5690501&Type=HTML

[OptionMonster]

Air T, Inc. Announces Receipt of $14.7 Million Order from the United States Air Force
MAIDEN, N.C., Feb. 6 /PRNewswire-FirstCall/ -- Air T, Inc. (Nasdaq: AIRT) announced today that its wholly owned subsidiary Global Ground Support, LLC has received an order for 44 mobile deicing trucks to be supplied to the United States Air Force for a total of approximately $14.7 million. The order is pursuant to Global's existing multi-year contract with the Air Force and includes the actual units, shipping costs and training courses associated with the units.

Walter Clark, Air T's CEO, stated that, 'This is outstanding news on the heels of our recent quarterly earnings report. We very much appreciate the Air Force's continued confidence in Global's deicing equipment and services. This delivery order along with our existing backlog will serve us well in the coming months and provide a good foundation for our next fiscal year.'

Air T, through its subsidiaries, provides overnight air freight service to the express delivery industry, and manufactures, sells and services aircraft ground support and special purpose industrial equipment. Air T is one of the largest, small-aircraft air cargo operators in the United States. Air T's Mountain Air Cargo and CSA Air subsidiaries currently operate a fleet of single and twin-engine turbo-prop aircraft daily in the eastern half of the United States, Puerto Rico and the Caribbean Islands. Air T's ground support operations, including its Global Ground Support and Global Aviations Services subsidiaries, manufacture and service aviation support and other specialized military and industrial equipment, in addition to providing airport facilities maintenance. Global Ground Support is one of the largest providers of deicing equipment in the world.

Statements in this press release, which contain more than historical information, may be considered forward-looking statements (as such term is defined in the Private Securities Litigation Reform Act of 1995) which are subject to risks and uncertainties. Actual results may differ materially from those expressed in the forward-looking statements because of important potential risks and uncertainties, including but not limited to the risk that contracts with major customers will be terminated or not extended, uncertainty regarding legal actions involving the Company, future economic conditions, inflation rates, competition, changes in technology or government regulation, and the impact of future terrorist activities in the United States and abroad. A forward-looking statement is neither a prediction nor a guarantee of future events or circumstances, and those future events or circumstances may not occur. We are under no obligation, and we expressly disclaim any obligation, to update or alter any forward-looking statements, whether as a result of new information, future events or otherwise.

SOURCE Air T, Inc.



Source: PR Newswire (February 6, 2008 - 4:08 PM EST)

News by QuoteMedia
www.quotemedia.com

[OptionMonster]

Air T Reports Unaudited Third Quarter Results
MAIDEN, N.C., Feb. 1 /PRNewswire-FirstCall/ -- Air T, Inc. (Nasdaq: AIRT) today reported consolidated net earnings of $920,000 ($0.38 per diluted share) for fiscal 2008's third quarter ended December 31, 2007, compared to consolidated net earnings of $304,000 ($0.11 per diluted share) for the third quarter of fiscal 2007. The Company also reported year-to-date earnings for the nine months of $2,084,000 ($0.85 per diluted share) compared to $1,402,000 ($0.52 per diluted share) for the similar fiscal 2007 period.

Consolidated revenues for fiscal 2008's third quarter were $21,149,000, an increase of 22% compared to the similar 2007 fiscal quarter. Consolidated revenues for the first nine months of the 2008 fiscal year were $54,357,000 or 13% higher than the prior year comparable period. Revenues for the quarter were boosted by continued high demand for domestic commercial deicing units. At December 31, 2007, Global's backlog was $16.0 million, compared to $16.8 million at the end of fiscal 2007 and $8.4 million at December 31, 2006.

The Company benefited from a number of multi-unit deicer orders from domestic customers that were completed during the quarter. This resulted in increased revenues for the quarter, more efficient production yielding strong margins, and the ability to maintain a significant amount of contracted military work for future periods.

Walter Clark, Chairman and Chief Executive Officer of Air T, commented, 'We are delighted with the exceptional third quarter results of Air T. Demand for Global's commercial deicers has remained strong and our military contract and backlog will continue to fuel the fourth quarter of our fiscal year. Our air cargo segment has benefited from increased maintenance revenues and is realizing the benefits from the cost reduction programs instituted last fiscal year. We have also been pleased with the initial results from Global Aviation Services. We will continue to look for ways to improve and expand that line of our business which provides ground equipment and facilities maintenance and support.'



FINANCIAL HIGHLIGHTS
(In thousands, except per share data)

Three Months Ended Nine Months Ended
12/31/07 12/31/06 12/31/07 12/31/06

Operating Revenues $21,149 $17,395 $54,357 $48,200

Net Earnings $ 920 $ 304 $ 2,084 $ 1,402

Net Earnings Per Share - Diluted $ 0.38 $ 0.11 $ 0.85 $ 0.52

Average Shares Outstanding - Diluted 2,424 2,668 2,439 2,670


Air T, through its subsidiaries, provides overnight air freight service to the express delivery industry, and manufactures, sells and services aircraft ground support and special purpose industrial equipment. Air T is one of the largest, small-aircraft air cargo operators in the United States. Air T's Mountain Air Cargo and CSA Air subsidiaries currently operate a fleet of single and twin-engine turbo-prop aircraft daily in the eastern half of the United States, Puerto Rico and the Caribbean Islands. Air T's ground support operations, including its Global Ground Support and Global Aviations Services subsidiaries, manufacture and service aviation support and other specialized military and industrial equipment, in addition to providing airport facilities maintenance. Global Ground Support is one of the largest providers of deicing equipment in the world.

For a more detailed presentation and discussion of the Company's results of operations and financial condition, please read the Company's Quarterly Report on Form 10-Q for the quarter ended December 31, 2007 filed earlier today with the Securities and Exchange Commission. Copies of the Form 10-Q may be accessed on the Internet at the SEC's website, http://www.sec.gov.

Statements in this press release, which contain more than historical information, may be considered forward-looking statements (as such term is defined in the Private Securities Litigation Reform Act of 1995) which are subject to risks and uncertainties. Actual results may differ materially from those expressed in the forward-looking statements because of important potential risks and uncertainties, including but not limited to the risk that contracts with major customers will be terminated or not extended, uncertainty regarding legal actions against the Company relating to the collapsed boom at the Philadelphia airport and the Company's legal action against the subcontractor that designed, manufactured and warranted the deicing booms initially sold by Global for installation at the Philadelphia airport, future economic conditions, inflation rates, competition, changes in technology or government regulation, and the impact of future terrorist activities in the United States and abroad. A forward-looking statement is neither a prediction nor a guarantee of future events or circumstances, and those future events or circumstances may not occur. We are under no obligation, and we expressly disclaim any obligation, to update or alter any forward-looking statements, whether as a result of new information, future events or otherwise.

SOURCE Air T, Inc.



Source: PR Newswire (February 1, 2008 - 8:15 AM EST)

News by QuoteMedia
www.quotemedia.com

[OptionMonster]

Air T Reports Unaudited Second Quarter Results
MAIDEN, N.C., Nov. 9 /PRNewswire-FirstCall/ -- Air T, Inc. (Nasdaq Capital Market: AIRT) today reported consolidated net earnings of $538,000 ($0.22 per diluted share) for fiscal 2008's second quarter ended September 30, 2007, compared to consolidated net earnings of $371,000 ($0.14 per diluted share) for the second quarter of fiscal 2007. The Company also reported year-to-date earnings for the six months of $1,164,000 ($0.47 per diluted share) compared to $1,098,000 ($0.41 per diluted share) for the similar fiscal 2007 period.

Consolidated revenues for fiscal 2008's second quarter were $17,412,000, an increase of 18% compared to the similar 2007 fiscal quarter. Consolidated revenues for the first six months of the 2008 fiscal year were $33,208,000 or 8% higher than the prior year comparable period. Revenues for the quarter were boosted by high demand for domestic commercial deicing units. At September 30, 2007, Global's backlog was $17.3 million, compared to $16.8 million at the end of fiscal 2007.

The Company benefited from settlement of litigation during the second quarter which positively impacted earnings by $151,000, net of tax ($0.06 per diluted share). The settlement resolved litigation initiated by the Company in August 2006 against a Philadelphia-based transport company. The other litigation involving the Philadelphia boom incident is continuing.

Walter Clark, Chairman and Chief Executive Officer of Air T, commented, 'We are pleased with the second quarter results of Air T. It was a positive quarter for both segments of our business as demand for Global's commercial deicers has been strong and our air cargo segment begins to see benefits from the cost reduction programs instituted last fiscal year. Our backlog remains strong and will be a key driver in the next six months. It was also nice to resolve a portion of our litigation in Philadelphia and to recover some of the costs we spent in earlier years. ' Mr. Clark continued, 'We were very pleased with the results of the stock repurchase program which was completed in August and we are excited about our new contract to provide ground equipment and facilities maintenance and support for Northwest Airlines.'


FINANCIAL HIGHLIGHTS
(In thousands, except per share data)

Three Months Ended Six Months Ended
09/30/07 09/30/06 09/30/07 09/30/06

Operating Revenues $17,412 $14,721 $33,208 $30,805
Net Earnings $ 538 $ 371 $ 1,164 $ 1,098
Net Earnings Per Share- Diluted $ 0.22 $ 0.14 $ 0.47 $ 0.41
Average Shares Outstanding- Diluted 2,432 2,672 2,447 2,672

The Company operates in two business segments. Air T, through its subsidiaries, provides overnight air freight service to the express delivery industry, and manufactures, sells and services aircraft ground support and special purpose industrial equipment. Air T is one of the largest, small- aircraft air cargo operators in the United States. Air T's Mountain Air Cargo (MAC) and CSA, Air subsidiaries currently operate a fleet of single and twin- engine turbo-prop aircraft nightly in the eastern half of the United States, Puerto Rico and the Caribbean Islands. Air T's ground service operations, including its Global Ground Support and Global Aviation Services subsidiaries, manufacture and service aviation support and other specialized military and industrial equipment and Global Ground Support is one of the largest providers of deicing equipment in the world.

For a more detailed presentation and discussion of the Company's results of operations and financial condition, please read the Company's Quarterly Report on Form 10-Q for the quarter ended September 30, 2007 filed earlier today with the Securities and Exchange Commission. Copies of the Form 10-Q may be accessed on the Internet at the SEC's website, http://www.sec.gov.

Statements in this press release, which contain more than historical information, may be considered forward-looking statements (as such term is defined in the Private Securities Litigation Reform Act of 1995) which are subject to risks and uncertainties. Actual results may differ materially from those expressed in the forward-looking statements because of important potential risks and uncertainties, including but not limited to the risk that contracts with major customers will be terminated or not extended, uncertainty regarding legal actions against the Company relating to the collapsed boom at the Philadelphia airport and the Company's legal action against the subcontractor that designed, manufactured and warranted the deicing booms initially sold by Global for installation at the Philadelphia airport, future economic conditions, inflation rates, competition, changes in technology or government regulation, and the impact of future terrorist activities in the United States and abroad. A forward-looking statement is neither a prediction nor a guarantee of future events or circumstances, and those future events or circumstances may not occur. We are under no obligation, and we expressly disclaim any obligation, to update or alter any forward-looking statements, whether as a result of new information, future events or otherwise.

SOURCE Air T



Source: PR Newswire (November 9, 2007 - 8:15 AM EST)

News by QuoteMedia
www.quotemedia.com

[OptionMonster]

Air T, Inc. Reports Unaudited First Quarter Earnings
MAIDEN, N.C., Aug. 10 /PRNewswire-FirstCall/ -- Air T, Inc. (Air T) (Nasdaq: AIRT) today reported consolidated net earnings of $626,000 ($0.25 per diluted share) for fiscal 2008's first quarter ended June 30, 2007 compared to consolidated net earnings of $727,000 ($0.27 per diluted share) for the similar fiscal 2007 period.

Consolidated revenues were relatively flat, decreasing $288,000 (2%) to $15,796,000 for the quarter ended June 30, 2007 compared to the same quarter in the prior fiscal year. Revenues were consistent in the air cargo segment and the ground equipment segment saw a small reduction in sales compared to the first quarter of the prior year.

Air T's Global Ground Support ('Global') subsidiary recently received contracts for the delivery of a combined 22 mobile deicing units to two airlines in calendar 2007. At June 30, 2007, Global's backlog including 21 of these units was $17.8 million, compared to $16.8 million at the end of fiscal 2007.

Walter Clark, Chairman and Chief Executive Officer of Air T, commented, 'While we are not satisfied with the slip in earnings and revenues from the prior year quarter, we are also not disappointed in these results. Air T had an outstanding first quarter a year ago, and our results this year were not far behind. This first quarter, combined with the recent contracts and the level of our backlog, put Air T in excellent position for another successful year. There is much work to be done to get there, but we are off to a solid start'


FINANCIAL HIGHLIGHTS
(In thousands, except per share data)

Three Months Ended (Unaudited)
06/30/2007 06/30/2006

Operating Revenues $15,796 $16,084

Net Earnings $626 $727

Net Earnings Per Share - Diluted $0.25 $0.27

Average Common Shares Outstanding 2,462 2,671


The Company operates in two business segments. Air T, through its subsidiaries, provides overnight air freight service to the express delivery industry, and manufactures, sells and services aircraft ground support and special purpose industrial equipment. Air T is one of the largest, small- aircraft air cargo operators in the United States. Air T's Mountain Air Cargo (MAC) and CSA, Air subsidiaries currently operate a fleet of single and twin- engine turbo-prop aircraft nightly in the eastern half of the United States, South America, Puerto Rico and the Caribbean Islands. Air T's Global subsidiary manufactures and services aviation support and other specialized military and industrial equipment and is one of the largest providers of deicing equipment in the world.

For a more detailed presentation and discussion of the Company's results of operations and financial condition, please read the Company's Quarterly Report on Form 10-Q for the quarter ended June 30, 2007 filed earlier today with the Securities and Exchange Commission. Copies of the Form 10-Q may be accessed on the Internet at the SEC's website, http://www.sec.gov.

Statements in this press release, which contain more than historical information may be considered forward-looking statements (as such term is defined in the Private Securities Litigation Reform Act of 1995) which are subject to risks and uncertainties. Actual results may differ materially from those expressed in the forward-looking statements because of important potential risks and uncertainties, including but not limited to the risk that contracts with major customers will be terminated or not extended, uncertainty regarding legal actions against the Company relating to the collapsed boom at the Philadelphia airport and the Company's legal action against the subcontractor that designed, manufactured and warranted the deicing booms initially sold by Global for installation at the Philadelphia airport, future economic conditions, inflation rates, competition, changes in technology or government regulation, and the impact of future terrorist activities in the United States and abroad. A forward-looking statement is neither a prediction nor a guarantee of future events or circumstances, and those future events or circumstances may not occur. We are under no obligation, and we expressly disclaim any obligation, to update or alter any forward-looking statements, whether as a result of new information, future events or otherwise.

SOURCE Air T, Inc.



Source: PR Newswire (August 10, 2007 - 8:30 AM EDT)

News by QuoteMedia
www.quotemedia.com