Item 7.01 Regulation FD Disclosure

On February 21, 2023, Mountain Air Cargo, Inc. ("MAC"), a wholly-owned subsidiary of Air T, Inc. (the "Company") issued a press release (the "Press Release") announcing the completion of its first Cessna C408 SkyCourier Air Cargo Flight in Florida. The flight occurred on January 3, 2023 between Tallahassee and Orlando and was the inaugural flight of a Cessna C408 SkyCourier by MAC. The Cessna C408 is the latest addition to MAC's express air cargo fleet. MAC's fleet now includes three Cessna C408 SkyCouriers with plans to add five more by the end of 2023. MAC has been a North American feeder airline under contract with FedEx (NYSE: FDX) for more than 40 years. A copy of the Press Release dated February 21, 2023 is attached to this Report as Exhibit 99.1 and is incorporated herein by reference.

The information contained in Item 7.01 to this Current Report on Form 8-K (including Exhibit 99.1) is being furnished pursuant to Item 7.01 of Form 8-K and shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise be subject to the liabilities of that section. The information in this Current Report on Form 8-K under Item 7.01 (including Exhibit 99.1) shall not be incorporated by reference into any filing under the Securities Act of 1933, as amended, or the Exchange Act, whether made before or after the date hereof, except as shall be expressly set forth by specific reference in such a filing.

Item 9.01 Financial Statements and Exhibits



99.1     Press Release dated February 21, 2023
104    Cover Page Interactive Data File (embedded within Inline XBRL document)

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