<SEC-DOCUMENT>0000353184-20-000100-index.html : 20201223
<SEC-HEADER>0000353184-20-000100.hdr.sgml : 20201223
<ACCEPTANCE-DATETIME>20201223165059
ACCESSION NUMBER:		0000353184-20-000100
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		132
CONFORMED PERIOD OF REPORT:	20201219
ITEM INFORMATION:		Entry into a Material Definitive Agreement
ITEM INFORMATION:		Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant
ITEM INFORMATION:		Regulation FD Disclosure
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20201223
DATE AS OF CHANGE:		20201223

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			AIR T INC
		CENTRAL INDEX KEY:			0000353184
		STANDARD INDUSTRIAL CLASSIFICATION:	AIR COURIER SERVICES [4513]
		IRS NUMBER:				521206400
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			0331

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-35476
		FILM NUMBER:		201413154

	BUSINESS ADDRESS:	
		STREET 1:		5930 BALSOM RIDGE ROAD
		CITY:			DENVER
		STATE:			NC
		ZIP:			28037
		BUSINESS PHONE:		7043772109

	MAIL ADDRESS:	
		STREET 1:		P O BOX 488
		CITY:			DENVER
		STATE:			NC
		ZIP:			28037

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	AIR TRANSPORTATION HOLDING CO INC
		DATE OF NAME CHANGE:	19920703

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	ATLANTA EXPRESS AIRLINE CORP
		DATE OF NAME CHANGE:	19840321
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>formxitem101203and701xpark.htm
<DESCRIPTION>8-K PARK STATE BANK MAIN STREET LOAN TO AIRCO1, INVESTOR PRESENTATION, CONTRAIL FUND II PRESS RELEASE
<TEXT>
Document 1 - file: formxitem101203and701xpark.htm
</DOCUMENT> <DOCUMENT> <TYPE>EX-10.1 <SEQUENCE>2 <FILENAME>termloanagreementformain.htm <DESCRIPTION>EX-10.1 TERM LOAN AGREEMENT FOR MAIL STREET PRIORITY LOAN FACILITY BY AND BETWEEN PARK STATE BANK AND AIRCO 1, LLC DATED AS OF DECEMBER 11, 2020 <TEXT> Document 2 - file: termloanagreementformain.htm
</DOCUMENT> <DOCUMENT> <TYPE>EX-10.2 <SEQUENCE>3 <FILENAME>termnoteformainstreetpri.htm <DESCRIPTION>EX-10.2 $6,200,000 MAIN STREET PRIORITY LOAN FACILITY TERM OF AIRCO 1, LLC IN FAVOR OF PARK STATE BANK DATED DECEMBER 11, 2020 <TEXT> Document 3 - file: termnoteformainstreetpri.htm
</DOCUMENT> <DOCUMENT> <TYPE>EX-10.3 <SEQUENCE>4 <FILENAME>securityagreementwithair.htm <DESCRIPTION>EX-10.3 SECURITY AGREEMENT OF AIRCO 1, LLC DATED AS OF DECEMBER 11, 2020 <TEXT> Document 4 - file: securityagreementwithair.htm
</DOCUMENT> <DOCUMENT> <TYPE>EX-10.4 <SEQUENCE>5 <FILENAME>pledgeagreementwithairco.htm <DESCRIPTION>EX-10.4 PLEDGE AGREEMENT BY AND BETWEEN AIRCO, LLC AND PARK STATE BANK DATED AS OF DECEMBER 11, 2020 <TEXT> Document 5 - file: pledgeagreementwithairco.htm
</DOCUMENT> <DOCUMENT> <TYPE>EX-99.1 <SEQUENCE>6 <FILENAME>contrailfundiipressrelease1.htm <DESCRIPTION>EX-99.1 PRESS RELEASE DATED DECEMBER 23, 2020 ANNOUNCING PROPOSED AIRCRAFT EQUITY VEHICLE AND MANAGEMENT BUSINESS <TEXT> Document 6 - file: contrailfundiipressrelease1.htm
</DOCUMENT> <DOCUMENT> <TYPE>EX-99.2 <SEQUENCE>7 <FILENAME>airtinc-investorpresenta.htm <DESCRIPTION>EX-99.2 INVESTOR PRESENTATION DATED DECEMBER 23, 2020 <TEXT> Document 7 - file: airtinc-investorpresenta.htm
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>8 <FILENAME>termloanagreementformain001.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 8 - file: termloanagreementformain001.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>9 <FILENAME>termloanagreementformain002.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 9 - file: termloanagreementformain002.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>10 <FILENAME>termloanagreementformain003.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 10 - file: termloanagreementformain003.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>11 <FILENAME>termloanagreementformain004.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 11 - file: termloanagreementformain004.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>12 <FILENAME>termloanagreementformain005.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 12 - file: termloanagreementformain005.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>13 <FILENAME>termloanagreementformain006.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 13 - file: termloanagreementformain006.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>14 <FILENAME>termloanagreementformain007.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 14 - file: termloanagreementformain007.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>15 <FILENAME>termloanagreementformain008.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 15 - file: termloanagreementformain008.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>16 <FILENAME>termloanagreementformain009.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 16 - file: termloanagreementformain009.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>17 <FILENAME>termloanagreementformain010.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 17 - file: termloanagreementformain010.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>18 <FILENAME>termloanagreementformain018.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 18 - file: termloanagreementformain018.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>19 <FILENAME>termloanagreementformain011.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 19 - file: termloanagreementformain011.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>20 <FILENAME>termloanagreementformain012.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 20 - file: termloanagreementformain012.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>21 <FILENAME>termloanagreementformain013.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 21 - file: termloanagreementformain013.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>22 <FILENAME>termloanagreementformain014.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 22 - file: termloanagreementformain014.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>23 <FILENAME>termloanagreementformain015.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 23 - file: termloanagreementformain015.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>24 <FILENAME>termloanagreementformain016.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 24 - file: termloanagreementformain016.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>25 <FILENAME>termloanagreementformain017.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 25 - file: termloanagreementformain017.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>26 <FILENAME>termloanagreementformain019.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 26 - file: termloanagreementformain019.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>27 <FILENAME>termloanagreementformain020.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 27 - file: termloanagreementformain020.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>28 <FILENAME>termloanagreementformain021.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 28 - file: termloanagreementformain021.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>29 <FILENAME>termloanagreementformain022.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 29 - file: termloanagreementformain022.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>30 <FILENAME>termloanagreementformain023.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 30 - file: termloanagreementformain023.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>31 <FILENAME>termloanagreementformain024.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 31 - file: termloanagreementformain024.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>32 <FILENAME>termloanagreementformain025.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 32 - file: termloanagreementformain025.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>33 <FILENAME>termloanagreementformain026.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 33 - file: termloanagreementformain026.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>34 <FILENAME>termloanagreementformain027.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 34 - file: termloanagreementformain027.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>35 <FILENAME>termloanagreementformain028.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 35 - file: termloanagreementformain028.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>36 <FILENAME>termloanagreementformain029.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 36 - file: termloanagreementformain029.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>37 <FILENAME>termloanagreementformain030.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 37 - file: termloanagreementformain030.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>38 <FILENAME>termloanagreementformain031.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 38 - file: termloanagreementformain031.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>39 <FILENAME>termloanagreementformain032.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 39 - file: termloanagreementformain032.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>40 <FILENAME>termloanagreementformain033.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 40 - file: termloanagreementformain033.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>41 <FILENAME>termloanagreementformain034.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 41 - file: termloanagreementformain034.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>42 <FILENAME>termloanagreementformain035.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 42 - file: termloanagreementformain035.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>43 <FILENAME>termloanagreementformain036.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 43 - file: termloanagreementformain036.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>44 <FILENAME>termloanagreementformain037.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 44 - file: termloanagreementformain037.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>45 <FILENAME>termloanagreementformain051.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 45 - file: termloanagreementformain051.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>46 <FILENAME>termloanagreementformain038.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 46 - file: termloanagreementformain038.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>47 <FILENAME>termloanagreementformain039.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 47 - file: termloanagreementformain039.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>48 <FILENAME>termloanagreementformain040.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 48 - file: termloanagreementformain040.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>49 <FILENAME>termloanagreementformain041.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 49 - file: termloanagreementformain041.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>50 <FILENAME>termloanagreementformain042.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 50 - file: termloanagreementformain042.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>51 <FILENAME>termloanagreementformain043.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 51 - file: termloanagreementformain043.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>52 <FILENAME>termloanagreementformain044.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 52 - file: termloanagreementformain044.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>53 <FILENAME>termloanagreementformain045.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 53 - file: termloanagreementformain045.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>54 <FILENAME>termloanagreementformain046.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 54 - file: termloanagreementformain046.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>55 <FILENAME>termloanagreementformain047.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 55 - file: termloanagreementformain047.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>56 <FILENAME>termloanagreementformain048.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 56 - file: termloanagreementformain048.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>57 <FILENAME>termloanagreementformain049.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 57 - file: termloanagreementformain049.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>58 <FILENAME>termloanagreementformain050.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 58 - file: termloanagreementformain050.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>59 <FILENAME>termnoteformainstreetpri001.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 59 - file: termnoteformainstreetpri001.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>60 <FILENAME>termnoteformainstreetpri002.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 60 - file: termnoteformainstreetpri002.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>61 <FILENAME>termnoteformainstreetpri003.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 61 - file: termnoteformainstreetpri003.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>62 <FILENAME>securityagreementwithair001.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 62 - file: securityagreementwithair001.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>63 <FILENAME>securityagreementwithair002.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 63 - file: securityagreementwithair002.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>64 <FILENAME>securityagreementwithair003.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 64 - file: securityagreementwithair003.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>65 <FILENAME>securityagreementwithair004.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 65 - file: securityagreementwithair004.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>66 <FILENAME>securityagreementwithair005.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 66 - file: securityagreementwithair005.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>67 <FILENAME>securityagreementwithair006.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 67 - file: securityagreementwithair006.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>68 <FILENAME>securityagreementwithair007.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 68 - file: securityagreementwithair007.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>69 <FILENAME>securityagreementwithair008.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 69 - file: securityagreementwithair008.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>70 <FILENAME>securityagreementwithair009.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 70 - file: securityagreementwithair009.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>71 <FILENAME>securityagreementwithair010.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 71 - file: securityagreementwithair010.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>72 <FILENAME>securityagreementwithair011.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 72 - file: securityagreementwithair011.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>73 <FILENAME>securityagreementwithair012.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 73 - file: securityagreementwithair012.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>74 <FILENAME>securityagreementwithair013.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 74 - file: securityagreementwithair013.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>75 <FILENAME>securityagreementwithair014.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 75 - file: securityagreementwithair014.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>76 <FILENAME>securityagreementwithair015.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 76 - file: securityagreementwithair015.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>77 <FILENAME>securityagreementwithair016.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 77 - file: securityagreementwithair016.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>78 <FILENAME>securityagreementwithair017.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 78 - file: securityagreementwithair017.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>79 <FILENAME>securityagreementwithair018.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 79 - file: securityagreementwithair018.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>80 <FILENAME>securityagreementwithair019.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 80 - file: securityagreementwithair019.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>81 <FILENAME>securityagreementwithair020.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 81 - file: securityagreementwithair020.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>82 <FILENAME>pledgeagreementwithairco001.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 82 - file: pledgeagreementwithairco001.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>83 <FILENAME>pledgeagreementwithairco002.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 83 - file: pledgeagreementwithairco002.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>84 <FILENAME>pledgeagreementwithairco003.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 84 - file: pledgeagreementwithairco003.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>85 <FILENAME>pledgeagreementwithairco004.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 85 - file: pledgeagreementwithairco004.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>86 <FILENAME>pledgeagreementwithairco005.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 86 - file: pledgeagreementwithairco005.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>87 <FILENAME>pledgeagreementwithairco006.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 87 - file: pledgeagreementwithairco006.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>88 <FILENAME>pledgeagreementwithairco007.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 88 - file: pledgeagreementwithairco007.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>89 <FILENAME>pledgeagreementwithairco008.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 89 - file: pledgeagreementwithairco008.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>90 <FILENAME>pledgeagreementwithairco009.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 90 - file: pledgeagreementwithairco009.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>91 <FILENAME>pledgeagreementwithairco010.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 91 - file: pledgeagreementwithairco010.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>92 <FILENAME>pledgeagreementwithairco011.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 92 - file: pledgeagreementwithairco011.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>93 <FILENAME>pledgeagreementwithairco012.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 93 - file: pledgeagreementwithairco012.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>94 <FILENAME>pledgeagreementwithairco013.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 94 - file: pledgeagreementwithairco013.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>95 <FILENAME>pledgeagreementwithairco014.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 95 - file: pledgeagreementwithairco014.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>96 <FILENAME>pledgeagreementwithairco015.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 96 - file: pledgeagreementwithairco015.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>97 <FILENAME>pledgeagreementwithairco016.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 97 - file: pledgeagreementwithairco016.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>98 <FILENAME>airtinc-investorpresenta001.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 98 - file: airtinc-investorpresenta001.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>99 <FILENAME>airtinc-investorpresenta002.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 99 - file: airtinc-investorpresenta002.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>100 <FILENAME>airtinc-investorpresenta003.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 100 - file: airtinc-investorpresenta003.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>101 <FILENAME>airtinc-investorpresenta004.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 101 - file: airtinc-investorpresenta004.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>102 <FILENAME>airtinc-investorpresenta005.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 102 - file: airtinc-investorpresenta005.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>103 <FILENAME>airtinc-investorpresenta006.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 103 - file: airtinc-investorpresenta006.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>104 <FILENAME>airtinc-investorpresenta007.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 104 - file: airtinc-investorpresenta007.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>105 <FILENAME>airtinc-investorpresenta008.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 105 - file: airtinc-investorpresenta008.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>106 <FILENAME>airtinc-investorpresenta009.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 106 - file: airtinc-investorpresenta009.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>107 <FILENAME>airtinc-investorpresenta010.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 107 - file: airtinc-investorpresenta010.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>108 <FILENAME>airtinc-investorpresenta011.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 108 - file: airtinc-investorpresenta011.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>109 <FILENAME>airtinc-investorpresenta012.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 109 - file: airtinc-investorpresenta012.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>110 <FILENAME>airtinc-investorpresenta013.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 110 - file: airtinc-investorpresenta013.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>111 <FILENAME>airtinc-investorpresenta014.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 111 - file: airtinc-investorpresenta014.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>112 <FILENAME>airtinc-investorpresenta015.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 112 - file: airtinc-investorpresenta015.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>113 <FILENAME>airtinc-investorpresenta016.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 113 - file: airtinc-investorpresenta016.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>114 <FILENAME>airtinc-investorpresenta017.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 114 - file: airtinc-investorpresenta017.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>115 <FILENAME>airtinc-investorpresenta018.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 115 - file: airtinc-investorpresenta018.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>116 <FILENAME>airtinc-investorpresenta019.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 116 - file: airtinc-investorpresenta019.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>117 <FILENAME>airtinc-investorpresenta020.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 117 - file: airtinc-investorpresenta020.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>118 <FILENAME>airtinc-investorpresenta021.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 118 - file: airtinc-investorpresenta021.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>119 <FILENAME>airtinc-investorpresenta022.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 119 - file: airtinc-investorpresenta022.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>120 <FILENAME>airtinc-investorpresenta023.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 120 - file: airtinc-investorpresenta023.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>121 <FILENAME>airtinc-investorpresenta024.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 121 - file: airtinc-investorpresenta024.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>122 <FILENAME>airtinc-investorpresenta025.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 122 - file: airtinc-investorpresenta025.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>123 <FILENAME>airtinc-investorpresenta026.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 123 - file: airtinc-investorpresenta026.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>124 <FILENAME>airtinc-investorpresenta027.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 124 - file: airtinc-investorpresenta027.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>125 <FILENAME>airtinc-investorpresenta028.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 125 - file: airtinc-investorpresenta028.jpg
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