Air T Q1 FY27 operating loss widens to $12.83 million; revenue rises 63% to $115.46 million

• Air T swung to a GAAP operating loss of USD 12.83 million; revenue rose 63% to USD 115.46 million.
• GAAP adjusted EBITDA slipped 45.16% to USD 804,000.
• Regional airline unit posted USD 55.91 million in revenue; GAAP operating loss totaled USD 7.73 million following the Rex acquisition.
• Ground support equipment revenue dropped 76% to USD 3.68 million; GAAP operating loss was USD 247,000 on delayed military orders.
• GAAP interest expense climbed to USD 5.67 million; liquidity included USD 21.7 million cash and USD 42.4 million available under credit lines.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Air T Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0000353184-26-000077), on August 14, 2026, and is solely responsible for the information contained therein.