Air T, Inc. Reports First Quarter Fiscal 2023 Results - Seite 4

The following table shows the Company's Adjusted EBITDA by segment for the periods ended June 30, 2022, and 2021 (in thousands):

		Three Months Ended
		6/30/2022				6/30/2021
Overnight Air Cargo		$	1,096			$	747
Ground Equipment Sales

191 1,456

Commercial Jet Engines and Parts

3,251 (74 )

Corporate and Other

(3,086 ) (1,846 )

Adjusted EBITDA

$ 1,452 $ 283

ABOUT AIR T, INC.

Established in 1980, Air T Inc. is a portfolio of powerful businesses and financial assets, each of which is independent yet interrelated. Its core segments are overnight air cargo, aviation ground support equipment manufacturing, and commercial jet engines and parts. We seek to expand, strengthen and diversify Air T's after-tax cash flow per share. Our goal is to build Air T's core businesses, and when appropriate, to expand into adjacent and other industries. We seek to activate growth and overcome challenges while delivering meaningful value for all stakeholders. For more information, visit www.airt.net.