Ahmed Arab of Minnesota and Kiarra Perkins of North Carolina Each Receive Funds to Continue Education in the Aviation Industry

DENVER, NC, May 6, 2021 – Air T, Inc. (NASDAQ: AIRT), an industrious American holding company which operates a group of independent, yet interrelated, aviation businesses, today announced the selection of its first ever Aircraft & Aviation Scholarship recipients. Each recipient was chosen after displaying remarkable academic achievement, extra-curricular participation and community service.

Air T’s scholarship seeks to provide an accomplished individual with the resources, connections and insight to thrive in the world of aviation and aerospace. We give particular attention to candidates with diverse backgrounds.” Applications were accepted from individuals in the Minneapolis and Charlotte metro areas where Air T, Inc. Holding Company maintains offices.

The individuals who will receive the 2021 Air T, Inc. Aircraft and Aviation Minority Scholarships are Ahmed Arab of Minneapolis, MN and Kiarra Perkins of Charlotte, NC.

Ahmed Arab is pursuing a career as an Aviation Technician. He is participating in the Aircraft Technician program at Minneapolis Community and Technical College and is a member of the United States Air Force Reserve where he is described as a “hard charger.” Ahmed’s hard work and drive to achieve his professional goals exemplify Air T’s core values and we look forward to seeing what Ahmed will do as he continues his career.

Kiarra Perkins attends the University of Nebraska at Omaha and is pursuing a degree in Aviation Studies. Kiarra has a passion for flying and is working towards her certified flight instructor certificate. We are excited for Kiarra to pursue her love of flying as she works towards her pilot’s license.

Air T CEO, Nick Swenson commented, “We would like to thank all of the individuals who applied for our scholarship. It’s exciting to get to know the future superstars of the aviation industry. We are thrilled to present Ahmed and Kiarra with this award. They are both deserving recipients. Air T recognizes the importance of supporting the education of the bright young individuals who are entering this industry and we look forward to seeing how they make their impacts in the space.”

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 aircraft asset management and logistics. 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. 

Air T, Inc. 
Katrina Philp