AIR T INC (AIRT): M&A transaction — Air T subsidiary completes sale of two Airbus aircraft for over $18M

AIR T INC

CASP Leasing I, LLC sold two Airbus (A321-111 and A320-214) aircraft with engines.
Total transaction value exceeded $18,000,000; purchaser is FTAI Aircraft Leasing Ireland (2025) DAC.
Sale closed July 15, 2025; lease rights and obligations assigned to new lessor.
Transactions previously disclosed in June 25, 2025 8-K; closing documents filed as exhibits.

Key facts

Extracted from this filing and checked against the source text.

M&A Transactions SEC 8-K Item 2.01/5.01 confidence 0.9

AIR T INC completed a disposition involving FTAI Aircraft Leasing Ireland (2025) DAC for exceeded $18,000,000 (closed 2025-07-15).

Action: disposition
Counterparty: FTAI Aircraft Leasing Ireland (2025) DAC
Consideration: exceeded $18,000,000
Closing: 2025-07-15

Exact text from the filing

of Contrail Aviation Support, LLC (“Contrail”), completed the sale of two Airbus aircraft with engines. The total transaction value for the aircraft and engine sales exceeded $18,000,000. The sale and purchase agreements related to the transactions were filed as exhibits to that certain Air T, Inc. Current Report on Form 8-K filed June 25, 2025 and the purchaser

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AIR T INC filing history →

Source: SEC EDGAR

accession 0000353184-25-000060

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