Exhibit 99.1
JOINT FILING AGREEMENT
In accordance with Rule 13d-1(k)(1)(iii) under the Securities Exchange Act of 1934, as amended, the persons named below agree to the joint filing on behalf of each of them of a Statement on Schedule 13D (including amendments thereto) with respect to the shares of Common Stock, par value $0.25 per share, of Air T, Inc. This Joint Filing Agreement shall be filed as an Exhibit to such Statement.
Dated: December 17, 2014
| | THE LION FUND II, L.P. |
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| | By: BIGLARI CAPITAL CORP., its General Partner |
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| | By: | |
| | | Name: | Sardar Biglari |
| | | Title: | Chairman and Chief Executive Officer |
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| | | BIGLARI CAPITAL CORP. |
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| | | By: | |
| | | | Name: | Sardar Biglari |
| | | | Title: | Chairman and Chief Executive Officer |
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| | | | SARDAR BIGLARI |
