Aviation services provider Air T's Q3 revenue falls on lower component sales

Air T

13/02/2026 22:10

Overview

American aviation portfolio's fiscal Q3 revenue fell 9% yr/yr

EPS for fiscal Q3 was $(0.91), down from $(0.47) last year

Outlook

Company did not provide specific financial guidance for future quarters in press release

Result Drivers

REX ACQUISITION - Acquisition of Rex Regional Airlines contributed $5.2 mln in revenue but incurred a net loss of $1.5 mln due to fixed costs and integration expenses

COMPONENT SALES DECLINE - Decrease in commercial aircraft segment revenue attributed to lower component sales at Contrail

GROUND SUPPORT EQUIPMENT GROWTH - Segment revenue increased 8% due to higher sales of high-lift catering equipment

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Revenue
$71.10 mln
Q3 EPS
-$0.91
Q3 Adjusted EBITDA
$200,000
Q3 Operating Income
-$3.80 mln


Press Release: ID:nACSdHjfba

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(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.)