NewsMV
A first-quarter FY27 investor update from Air T, Inc. (NASDAQ: AIRT) shows $115.5M in consolidated revenue for the three months ended June 30, 2026, against consolidated adjusted EBITDA of $0.8M.
The Regional Airline segment, which reflects the acquisition of Rex, an Australian regional carrier brought through an DOCA administration process, led all six operating units at $55.9M in quarterly revenue.
Rex's purchase price allocation remains in its measurement period, with the company cautioning that revisions could materially change reported results from period to period.
Segment results for the quarter Overnight Air Cargo posted $30.0M in revenue and $2.1M in adjusted EBITDA, the strongest margin contribution in the period.
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