Air global CFO Bassem Lotfy buys $375 in company shares

Bassem Lotfy, Chief Financial Officer of AIR Global PLC (NASDAQ:AIIR), acquired ordinary shares of the company on September 1, 2026. Mr. Lotfy purchased 50 ordinary shares at a price of $7.5 per share, totaling $375. The purchase came as the stock currently trades at $7.40, down roughly 28% over the past six months. For deeper insights into AIIR’s valuation and performance metrics, InvestingPro offers a comprehensive Pro Research Report covering this and 1,400+ other US equities.

Following this transaction, Mr. Lotfy directly holds 254,689 ordinary shares in AIR Global PLC. The transaction was reported in a Form 4 filing with the Securities and Exchange Commission, signed by Mary-Ann Orr as Attorney-in-Fact for Mr. Lotfy on September 3, 2026.

In other recent news, AIR Global PLC reported its financial results for the first half of 2026, showcasing a 3.7% increase in revenue, reaching $206.9 million. Despite facing challenges such as supply chain disruptions due to the closure of the Straits of Hormuz and one-time listing costs, the company maintained stable adjusted EBITDA at $71.7 million. However, AIR Global experienced a net loss of $81.8 million, with basic earnings per share (EPS) at negative $0.57. These results reflect the company’s resilience in a challenging environment. There were no recent analyst upgrades or downgrades mentioned for AIR Global. Investors may find the steady adjusted EBITDA noteworthy given the operational hurdles faced by the company. These developments are part of the recent updates concerning AIR Global.