Air T Welcomes Creditor Support for Rex Acquisition

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MINNEAPOLIS, MN, Nov 12, 2025 – (ACN Newswire) –Air T, Inc. (NASDAQ: AIRT) is happy to reveal that a bulk of Rex’s creditors-both in number and in value-have enacted favor of our quote to get Rex at the 2nd conference of lenders hung on 11 November 2025.

This strong recommendation shows self-confidence in our vision for Rex and our dedication to local air travel in Australia. We take our duties under the proposed Deed of Company Arrangement seriously.

We comprehend the Administrators plan to close the deal by year-end, and we are working carefully with all celebrations to make sure a smooth and prompt conclusion.

Air T is grateful for the assistance revealed throughout this procedure and anticipates completing the acquisition and starting a brand-new chapter for Rex and local neighborhoods throughout Australia.

KEEP IN MIND REGARDING STAKEHOLDER QUESTIONS

If you have concerns associated to this release or other Air T matters, please utilize our interactive Q&An ability, through Slido.com, available from our site, to send your concerns. We mean to keep that link open and offered for investor concerns. Concerns sent through Slido will be addressed “live” and in composing at our Annual Meeting, and by means of a written reaction on a quarterly basis. Keep in mind that legal and practical requirements limit us from responding to every concern published, yet we mean to deal with all sensible and pertinent concerns with a composed response.

ABOUT AIR T, INC.

Developed in 1980, Air T Inc. is a portfolio of effective companies and monetary possessions, each of which is independent yet related. Its core sectors are over night air freight, ground assistance devices, industrial airplane, engines and parts, and digital services. We look for to broaden, reinforce and diversify Air T’s after-tax capital per share. Our objective is to develop Air T’s core services, and when proper, to broaden into surrounding and other markets. We look for to trigger development and conquer difficulties while providing significant worth for all stakeholders. To learn more, go to www.airt.com. The details on our site is offered for details functions just and is not included by recommendation into this news release.

POSITIVE STATEMENTS

Specific declarations in this news release, consisting of those consisted of in “Overview,” are “forward-looking” declarations within the significance of the Private Securities Litigation Reform Act of 1995 with regard to the Company’s monetary condition, outcomes of operations, strategies, goals, future efficiency and service. Positive declarations consist of those preceded by, followed by or that consist of the words “believes” “pending” “future” “expects” “anticipates,” “intends” “estimates” “depends” “will” or comparable expressions. These positive declarations include threats and unpredictabilities. Real outcomes might vary materially from those pondered by such positive declarations, since of, to name a few things, possible dangers and unpredictabilities, such as:

  • A failure to fund our operations through bank or other funding or through the sale or issuance of financial obligation or equity securities;
  • Economic and market conditions in the Company’s markets;
  • The threat that agreements with FedEx might be ended or negatively customized;
  • The danger that the variety of airplane ran for FedEx is minimized;
  • The danger that GGS clients will postpone or decrease considerable orders for deicing devices;
  • The effect of any terrorist activities or armed dispute on United States soil or abroad;
  • Modifications in U.S. and foreign trade policies and tariffs;
  • The Company’s capability to handle its expense structure for operating costs, or unexpected capital requirements, and match them to moving customer support requirements and production volume levels;
  • The Company’s capability to fulfill financial obligation service covenants and to re-finance existing financial obligation responsibilities;
  • The danger of injury or other damage occurring from mishaps including the Company’s over night air freight operations, devices or parts offered and/or services offered;
  • Market approval of the Company’s business and military devices and services;
  • Competitors from other service providers of comparable devices and services;
  • Modifications in federal government guideline and innovation;
  • Modifications in the worth of valuable securities held as financial investments;
  • Moderate winter season climate condition minimizing the need for deicing devices;
  • Market approval and functional success of the Company’s airplane possession management company and associated airplane capital joint endeavor; and
  • Regardless of our present insolvency levels, we and our subsidiaries might still have the ability to sustain significantly more financial obligation, which might even more intensify the threats related to our significant take advantage of.

A positive declaration is neither a forecast nor a warranty of future occasions or situations, and those future occasions or scenarios might not take place. We are under no commitment, and we specifically disclaim any responsibility, to upgrade or change any positive declarations, whether as an outcome of brand-new details, future occasions or otherwise.

CONTACT
Tracy Kennedy
Chief Financial Officer
tkennedy@airt.com

SOURCE:Air T, Inc.


Subject: Press release summary