secwatch.observer — SEC 8-K summary
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Issuer:     AIR T INC (AIRT)
CIK:        0000353184
Form:       8-K
Filed at:   2025-06-25T23:59:59+00:00
Accession:  0000353184-25-000038
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.65
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/353184/000035318425000038/0000353184-25-000038-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/353184/000035318425000038/airt-20250625.htm
  HTML page:      https://secwatch.observer/filing/0000353184-25-000038

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