Air T subsidiary agrees to sell two Airbus aircraft to FTAI for aggregate >$25M

AIR T INC

CASP Leasing I (95%-owned subsidiary) entered two sale agreements to sell an A320-214 and an A321-111.
Buyer is FTAI Aircraft Leasing Ireland (2025) DAC; aggregate transaction value exceeds $25 million.
Closing anticipated during week of July 7, 2025, subject to customary conditions.
Representation and warranties are made solely for benefit of parties; portions redacted for confidentiality.

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