A
AIRTP
Air T, Inc. Air T Funding Alpha Income Trust Preferred Securities
$18.85
Current Price
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About Air T, Inc. Air T Funding Alpha Income Trust Preferred Securities
AIRTP is a preferred security issued by Air T Funding, a trust tied to Air T, Inc. Air T is a small US holding company with businesses in air cargo, aircraft ground equipment, and aircraft parts, plus an investment arm. A preferred security works like a mix of a stock and a bond: the holder gets fixed payments, and the price usually stays near its issue price instead of rising or falling with the company's growth.