Air T Inc. Appoints Brad Wilson as Chairman of the Board
May 02, 2013 at 01:18 am IST
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Air T Inc. announced that its Board of Directors has elected Brad Wilson as Chairman of the Board. Mr. Wilson is the President and CEO of Blue Cross and Blue Shield of North Carolina and earlier in 2013 had been appointed as Air T's lead independent director.
Air T, Inc. is a holding company with a portfolio of operating businesses and financial assets. The Company has four segments: Overnight air cargo, Ground equipment sales, Commercial jet engines and parts, and Corporate and other. Overnight air cargo segment operates in the air express delivery services industry. Ground equipment sales segment manufactures and provides mobile deicers and other specialized equipment products to passenger and cargo airlines, airports, military and industrial customers. Commercial jet engines and parts segment manages and leases aviation assets, supplies surplus and aftermarket commercial jet engine components, provides commercial aircraft disassembly/part-out services, commercial aircraft parts sales, and procurement services and overhaul and repair services to airlines. Corporate and other segment acts as the capital allocator and resources for other consolidated businesses. Further, the segment is also comprised of insignificant businesses.