Air T, Inc.
Air T, Inc. (NASDAQ: AIRT) is trading at $28.48, about ₹2,732 at today's USD/INR rate, as of 28 Sep 2026, 4:00 PM ET, down 1.89% today. Indian residents can buy Air T from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$28.48
Today's high
$29.89
52 week low
$18.35
52 week high
$35.00
AIRT opened at $28.84, closed previously at $29.03, and has traded between $18.35 and $35.00 over the past 52 weeks.
About
Air T, Inc. operates as a diversified company, offering an array of services across the United States and globally. Its primary business activities encompass rapid air cargo transportation, the manufacturing and sale of specialized ground support equipment, comprehensive solutions for commercial aircraft, engines, and parts, and services for printing equipment maintenance. The company's Overnight Air Cargo division specializes in expedited air freight delivery. As of March 31, 2022, this segment utilized a fleet of 72 aircraft, which were dry-leased for operations with FedEx. Through its Ground Equipment Sales segment, Air T, Inc. designs, produces, distributes, and maintains various types of specialized machinery. This includes aircraft de-icing units, elevated work platforms (scissor lifts), decontamination systems for both military and civilian use, flight-line tow tractors, and glycol recovery vehicles, among other unique equipment. Its broad customer base includes passenger and cargo airlines, ground handling companies, the United States Air Force, airport authorities, and industrial enterprises. The Commercial Aircraft, Engines and Parts segment provides an exhaustive suite of services related to commercial aviation assets. These offerings span commercial aircraft trading, leasing arrangements, and extensive parts solutions. Specific services include aircraft storage, maintenance during storage periods, and aircraft disassembly for component recovery (part-out services). Furthermore, this segment handles the sale, exchange, procurement, consignment programs, and overhaul/repair of aircraft components. Its expertise extends to instrumentation, avionics, and a variety of electrical accessories suitable for civilian, military transport, regional/commuter, business/commercial jet, and turboprop aircraft. The division also specializes in composite aircraft structures, providing both repair and support services for them. Air T, Inc. was established in 1980 and is headquartered in Denver, North Carolina.
Key statistics
Avg. volume
16.50K
Market cap
$76.66M
P/E Ratio
1.21
Price-to-sales ratio
0.21
Enterprise value
$324.77M
Free cash flow yield
-64.93%
Debt-to-equity ratio
4.06
Return on equity
177.36%
ROIC
-7.45%
Beta
0.28
Dividend yield
0.00%
Last dividend
$0.00
Financial overview
Revenue
$327.09M
Earnings per share
$28.85
Free cash flow
-$41.53M
Net profit margin
17.17%
Gross margin
17.03%
EBITDA
$110.66M
Revenue growth
12.07%
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This is not an investment recommendation
How to buy Air T from India
Indian residents can buy Air T shares through Paasa in four steps. Funds leave India under the RBI's Liberalised Remittance Scheme and the shares are held in your own name with Interactive Brokers.
Open a Paasa account
Complete digital KYC with your PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.
Add funds under LRS
Transfer INR from your Indian bank account. Your bank reports the remittance under the RBI's Liberalised Remittance Scheme and converts it to US dollars.
Search for Air T and place an order
Find Air T by name or by its ticker, AIRT, and choose an order type. You can buy by amount or by quantity — fractional shares mean there is no minimum trade size. Air T trades 7:00 pm – 1:30 am IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your Air T position in USD and INR. Air T pays no dividend today, so your filing is the capital-gains statement plus the Schedule FA holding line.
Read the full guide: how to invest in Air T from India
Trading and taxes when buying Air T from India
Trading and limits
- Trading hours
- 9:30 am – 4:00 pm ET
- LRS limit
- $250,000Per financial year, under the RBI's Liberalised Remittance Scheme.
Tax for Indian residents
- TCS on remittance
- 20%Collected by your bank on LRS remittances above ₹10 lakh in a financial year. The TCS is adjustable against your income-tax liability.Adjusting TCS against your tax
- Capital gains in India
- 12.5% or slab rateGains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate.Capital gains explained
- Dividends
- NoneAir T does not currently pay a dividend. If it starts, dividends are taxed at your slab rate in India.Dividend tax explained
- US estate tax
- May applyUS-situs assets such as US-listed shares can be exposed to US estate tax for non-US persons.US estate tax calculator
Custody. Shares are held in your own name at Interactive Brokers LLC and are SIPC-insured up to $500,000 in total, including $250,000 for cash.
FAQs
Can Indian residents buy Air T stock?
Yes. Air T (AIRT) has been listed on NASDAQ since 1984, in the Conglomerates industry, and Indian residents can buy it through Paasa. You fund the account from your Indian bank under the RBI's Liberalised Remittance Scheme and the money is converted to US dollars. Shares are held in your own name at Interactive Brokers LLC and are SIPC-insured up to $500,000 in total, including $250,000 for cash.
How much does one Air T share cost in rupees?
One Air T share is $28.48 — about ₹2,732 at a USD/INR rate of 95.93 on 27 Sep 2026. Both the Air T price and the rupee rate move during the day, so the rupee cost changes with them.
What are the LRS and TCS rules for buying Air T from India?
Remit up to $250,000 per financial year under the RBI's Liberalised Remittance Scheme (LRS). Banks collect 20% tax at source on LRS remittances above ₹10 lakh in a financial year; the TCS is adjustable against your income-tax liability. FX and the LRS declaration are handled by your bank when you fund your account.
Can I buy whole shares of Air T?
Yes. One Air T share is $28.48, and you can buy as many whole shares as you like. You can also buy by amount rather than by quantity: there is no minimum trade size, and Paasa supports fractional investing in Air T.
How are gains on Air T shares taxed in India?
The US does not levy capital gains tax on shares for Indian residents, so the tax is an India-side one. Gains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate. The gain is computed in rupees using the USD/INR rate on the purchase and the sale date, so the rupee move counts alongside the Air T price. Paasa issues a capital-gains statement for your return.
Does Air T pay a dividend?
No. Air T does not currently pay a dividend, so holding it produces no dividend income to declare in India. If it starts paying one, the Indian treatment is the usual one — dividends are taxed at your slab rate in India — and Paasa's dividend report would show the gross amount and any tax withheld.
When can I trade Air T from India?
NASDAQ trades 7:00 pm – 1:30 am IST in Indian time, so the close lands after midnight. The window shifts to 8:00 pm – 2:30 am IST when the US is on standard time. Orders can only execute during that window.
Is there estate or inheritance tax on Air T shares held from India?
US-situs assets such as US-listed shares can be exposed to US estate tax for non-US persons. It applies to your overall holdings in that jurisdiction rather than to any one position. Paasa's US estate tax calculator shows the exposure for a given portfolio value.
Do I have to declare Air T shares in my Indian tax return?
Yes. Foreign shares held on 31 March must be reported in Schedule FA of your Indian income-tax return. Paasa gives you a Schedule FA-ready statement listing your Air T holding, its cost and its closing value.
How do I sell Air T and bring the money back to India?
You sell during market hours (7:00 pm – 1:30 am IST) and the proceeds settle in USD in your Paasa account. From there you can hold the balance, reinvest, or repatriate. Funds can be withdrawn in any currency to any bank account in your own name. Whether the sale is short- or long-term is decided by the 24-month holding period.