Air T, Inc. Announces Award of New Contract

Air T, Inc.

announced today that its wholly owned subsidiary, Global Ground Support, LLC, has been awarded a contract to supply flight line tow tractors to the United States Air Force. Global is in receipt of the delivery order for the first pre-production unit which will be tested and evaluated before additional orders are placed. The contract award is for one year commencing September 28, 2010, with four additional one-year extension options that may be exercised by the United States Air Force. The value of the contract, as well as the number of units to be delivered, will be determined based upon annual requirements and available funding of the United States Air Force.