• Air T swung to net income of $78 million as revenue rose 12% to $327.1 million.
• Operating results turned to an operating loss of $11.2 million from operating income, while non-operating income climbed to $97.2 million.
• A $111.2 million non-cash bargain purchase gain tied to the Rex acquisition lifted results; without it, loss before income taxes was about $25.2 million.
• Regional airline revenue was $55.3 million from the Rex stub period, while segment operating loss was $14.2 million.
• Cash and cash equivalents and restricted cash totaled $25.3 million; available funds under lines of credit were about $57.3 million.

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: 0000353184-26-000054), on June 29, 2026, and is solely responsible for the information contained therein.