Company: AIRTP
Filing Date: 2025-02-12
Form Type: 10-Q
Source: 0000353184-25-000009
Chunk: 51

Company: AIR T INC
Filing Date: 2025-02-12
Form: 10-Q
Item: Item 8
Chunk 51
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— Thailand233 252 Other90 54 Total tangible long-lived assets, net$15,340 $306 Total revenue, in and outside the United States, is summarized in the following table for the nine months ended December 31, 2024 and December 31, 2023 (in thousands):Nine Months Ended December 31,20242023United States$188,075 $182,334 Foreign37,460 31,820 Total revenue$225,535 $214,154 

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15.    Segment Information

The Company has four business segments: overnight air cargo, ground equipment sales, commercial jet engine and parts, and corporate and other. Segment data is summarized as follows (in thousands):(In Thousands)Three Months EndedDecember 31,Nine Months EndedDecember 31,2024202320242023Operating Revenues by Segment:Overnight Air Cargo:Domestic$30,394 $28,818 $91,074 $84,054 International198 200 1,088 890 Total Overnight Air Cargo30,592 29,018 92,162 84,944 Ground Equipment Sales:Domestic11,567 8,178 31,238 28,709 International279 263 2,417 3,765 Total Ground Equipment Sales11,846 8,441 33,655 32,474 Commercial Jet Engines and Parts:Domestic20,953 15,967 62,109 66,698 International11,735 8,172 29,756 23,765 Total Commercial Jet Engines and Parts32,688 24,139 91,865 90,463 Corporate and Other:Domestic1,248 935 3,654 2,873 International1,506 1,223 4,199 3,400 Total Corporate and Other2,754 2,158 7,853 6,273 Total77,880 63,756 225,535 214,154 Operating Income (Loss):Overnight Air Cargo1,864 1,594 5,510 5,568 Ground Equipment Sales184 (522)(173)(619)Commercial Jet Engines and Parts2,646 (627)7,389 2,002 Corporate and Other(2,878)(2,053)(7,589)(7,140