Air T Director Resigns as Audit Chair, Leadership Shifts

Air T ( (AIRT) ) just unveiled an announcement.

On March 9, 2026, Air T, Inc. director Travis Swenson resigned from the board and as chair of the audit committee, with the company stating his departure did not arise from any disagreement over operations, policies, or practices. Swenson immediately assumed the role of chief financial officer at Air T’s newly acquired regional airline, Regional Express Holdings Limited, while lead independent director Raymond Cabillot, already an audit committee member, was appointed as the new audit committee chair, signaling continuity in the company’s financial oversight structure.

The most recent analyst rating on (AIRT) stock is a Sell with a $20.00 price target. To see the full list of analyst forecasts on Air T stock, see the AIRT Stock Forecast page.

Spark’s Take on AIRT Stock

According to Spark, TipRanks’ AI Analyst, AIRT is a Neutral.

The score is primarily held down by weak financial performance—negative equity, elevated leverage, and a recent turn to negative TTM operating/free cash flow. Technical indicators also reflect bearish momentum. Corporate actions provide some strategic upside via aviation asset management expansion, but valuation remains hard to justify while losses persist and no dividend yield is available.

To see Spark’s full report on AIRT stock, click here.

More about Air T

Air T, Inc. operates in the aviation sector, with activities that include ownership and management of aviation-related businesses. The company’s portfolio now includes Regional Express Holdings Limited, a recently acquired regional airline, reflecting a strategic focus on air transport operations and related services.

Average Trading Volume: 2,722

Technical Sentiment Signal: Buy

Current Market Cap: $56.76M

See more data about AIRT stock on TipRanks’ Stock Analysis page.