Air T, Inc. announced that Mark Jundt, formerly Principal Legal Counsel of CHS Inc. International business operations and Global Litigation, has joined Air T as General Counsel reporting to CEO Nick Swenson, effective immediately. Mr. Jundt will be based in Air T’s executive offices in Minneapolis. Mr. Jundt brings 15 years of legal experience and accomplishment in mergers, acquisitions, litigation, risk-management, securities law and commercial arrangements. Prior to joining Air T, Mr. Jundt served as Principal Legal Counsel, International and Global Disputes, for CHS Inc., a Fortune 100 company and the nation’s leading farmer-owned cooperative in the global energy, grains and foods business, with over $30 billion in annual revenue.
Air T, Inc. is a holding company with a portfolio of operating businesses and financial assets. The Company has four segments: Overnight air cargo, Ground equipment sales, Commercial jet engines and parts, and Corporate and other. Overnight air cargo segment operates in the air express delivery services industry. Ground equipment sales segment manufactures and provides mobile deicers and other specialized equipment products to passenger and cargo airlines, airports, military and industrial customers. Commercial jet engines and parts segment manages and leases aviation assets, supplies surplus and aftermarket commercial jet engine components, provides commercial aircraft disassembly/part-out services, commercial aircraft parts sales, and procurement services and overhaul and repair services to airlines. Corporate and other segment acts as the capital allocator and resources for other consolidated businesses. Further, the segment is also comprised of insignificant businesses.