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AIRT · Annual Report (Form 10-K) · Filed June 29, 2026

Air T Inc — 10-K exhibit

ex-211to2026form10xkairtinc.htm
Air T Inc on Boardroom Alpha
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EXHIBIT 21.1
AIR T, INC.

LIST OF SUBSIDIARIES AND CONSOLIDATED VARIABLE INTEREST ENTITIES
 
 
Percent
Ownership
Air T Global Leasing, LLC, a North Carolina limited liability company
 
100%
CSA Air, Inc., a North Carolina corporation
 
100%
Global Ground Support, LLC, a North Carolina limited liability company
 
100%
Mountain Air Cargo, Inc., a North Carolina corporation
 
100%
Royal Aircraft Services, LLC, a Maryland limited liability company
100%
Air T Funding Trust, a Delaware Trust
100%
Crestone Air Partners, Inc., a Minnesota Corporation
100%
Space Age Company, a Utah corporation
 
100%
Stratus Aero Partners LLC, a Delaware limited liability company
 
100%
Jet Yard, LLC, an Arizona limited liability company
 
100%
Jet Yard Solutions, LLC, an Arizona limited liability company
100%
AirCo, LLC, a North Carolina limited liability company
 
100%
AirCo 1, LLC, a Delaware limited liability company
 
100%
AirCo Services, LLC, a North Carolina limited liability company
 
100%
AirCo 2, LLC, a Kansas limited liability company
100%
Contrail Aviation Support, LLC, a North Carolina limited liability company
 
95%
Contrail Aviation Leasing, LLC, a Wisconsin limited liability company
 
100%
CASP Leasing I, LLC, a Delaware limited liability company
100%
BCCM Inc, a Delaware Corporation
 
100%
BCCM Advisors, LLC, a Delaware limited liability company
 
100%
Secure Carry Fund, LP, a Delaware limited partnership
 
100%
Geostrat Carry and Vega Fund, LP, A Delaware limited partnership
100%
Evanson Alpha Fund, LP, a Delaware limited partnership
100%
Graphoptix, LLC, a Minnesota limited liability company
 
100%
Delphax Solutions, Inc., an Ontario Corporation
 
100%
Delphax Technologies Inc., a Minnesota Corporation
 
67%*
Worthington Aviation, LLC, a North Carolina limited liability company
 
100%
Ambry Hill Technologies, LLC, a Minnesota limited liability company
 
100%
Air'Zona Acquisition, LLC, an Arizona limited liability company
100%
Air'Zona Aircraft Services, Inc., an Arizona Corporation
100%
Landing Gear Support Services, Inc., a Delaware Corporation
100%
Wolfe Lake HQ, LLC, a Minnesota limited liability company
100%
Air T Acquisition 22.1, LLC, a Minnesota limited liability company
100%
Shanwick B.V., a Dutch holding company
70%
WorldACD Market Data B.V., a Dutch limited liability company
70%
Worldwide Aircraft Services, Inc., a Kansas corporation
100%
AAM 24-1, LLC, a Minnesota limited liability company
100%


Runway Aero Advisors, LLC, a Minnesota limited liability company
100%
Air T Acquisition 25.1, LLC, a Minnesota limited liability company
100%
Air T Lending 25.1, LLC, a Minnesota limited liability company
100%
Air T Rex Acquisition, Inc., a Delaware Corporation
100%
Regional Express Holdings Pty. Ltd., an Australian proprietary limited company
100%
Rex Investment Holdings Pty. Ltd., an Australian proprietary limited company
100%
Air Partners Pty. Ltd., an Australian proprietary limited company
100%
Regional Express Pty. Ltd., an Australian proprietary limited company
100%
Rex US, LLC, a Delaware limited liability company
100%
Rex Flyer Pty. Ltd., an Australian proprietary limited company
100%
Australian Aero Propeller Maintenance Pty. Ltd., an Australian proprietary limited company
100%
Australian Airline Pilot Academy Pty. Ltd., an Australian proprietary limited company
100%
AAPA Victoria Pty. Ltd., an Australian proprietary limited company
100%
 
*
Percent ownership assumes conversion by Air T of all shares of Series B Preferred Stock of Delphax Technologies Inc. into shares of common stock of Delphax Technologies Inc.


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