Aviation services provider Air T's Q2 revenue falls 21%

Reuters

11/13

Aviation services provider <a href="https://laohu8.com/S/AIRT">Air T</a>'s <a href="https://laohu8.com/S/QTWO">Q2</a> revenue falls 21%

Overview

Air T fiscal Q2 revenue falls 21% yr/yr, reflecting decreased component sales at Contrail
Operating income for fiscal Q2 rises to $5.5 mln, driven by improved segment performance
Company plans acquisition of Rex Regional Airlines, pending court approval

Outlook

Company did not provide specific guidance for future quarters or full year in press release

Result Drivers

PARKED AIRCRAFT - Revenue in Overnight Air Cargo segment decreased due to increased parked aircraft affecting flight admin fees
DEICING TRUCK SALES - Ground Support Equipment segment revenue fell due to fewer deicing truck sales, but improved margins boosted adjusted EBITDA
COMPONENT SALES DECLINE - Commercial Aircraft, Engines and Parts segment revenue decreased due to lower component sales at Contrail

Key Details

Metric	Beat/Miss	Actual	Consensus Estimate
Q2 Revenue		$64.2 mln
Q2 EPS		$1.61
Q2 Adjusted EBITDA		$7.9 mln
Q2 Operating Income		$5.5 mln

Press Release: ID:nACSyFp1Ca

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.</p><p>(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)</p></body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Aviation services provider Air T's Q2 revenue falls 21%</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.</p><p>(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"AIRT","symbol_name":"Air T","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20251112:nL1N3WO19Q:1","article_id":"2583558979","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2583558979","pubTimestamp":1762986858,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Aviation services provider Air T's Q2 revenue falls 21%OverviewAir T fiscal Q2 revenue falls 21% yr/yr, reflecting decreased component sales at ContrailOperating income for fiscal Q2 rises to $5.5 mln","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"AIRT":"Air T","BK4572":"航空租赁","BK4131":"航空货运与物流"},"translate_title":"航空服务提供商Air T第二季度收入下降21%","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"AIRT":0.9},"content_text":"Aviation services provider Air T's Q2 revenue falls 21%OverviewAir T fiscal Q2 revenue falls 21% yr/yr, reflecting decreased component sales at ContrailOperating income for fiscal Q2 rises to $5.5 mln, driven by improved segment performanceCompany plans acquisition of Rex Regional Airlines, pending court approvalOutlookCompany did not provide specific guidance for future quarters or full year in press releaseResult DriversPARKED AIRCRAFT - Revenue in Overnight Air Cargo segment decreased due to increased parked aircraft affecting flight admin feesDEICING TRUCK SALES - Ground Support Equipment segment revenue fell due to fewer deicing truck sales, but improved margins boosted adjusted EBITDACOMPONENT SALES DECLINE - Commercial Aircraft, Engines and Parts segment revenue decreased due to lower component sales at ContrailKey DetailsMetricBeat/MissActualConsensus EstimateQ2 Revenue$64.2 mlnQ2 EPS$1.61Q2 Adjusted EBITDA$7.9 mlnQ2 Operating Income$5.5 mlnPress Release: ID:nACSyFp1CaFor questions concerning the data in this report, contact Estimates.Support@lseg.com. 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