{"schema_version":"secwatch.filing_event.v1","accession":"0000353184-25-000060","form_type":"8-K","ticker":"AIRT","cik":"0000353184","company_name":"AIR T INC","filed_at":"2025-07-18T23:59:59+00:00","discovered_at":"2026-05-14T18:02:46.064034+00:00","generated_at":"2026-05-18T05:52:09.180392+00:00","sec_items":["1.01","2.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"Air T subsidiary completes sale of two Airbus aircraft for over $18M","bullets":["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."],"urls":{"canonical":"https://secwatch.observer/filing/0000353184-25-000060","json":"https://secwatch.observer/filing/0000353184-25-000060.json","markdown":"https://secwatch.observer/filing/0000353184-25-000060.md","text":"https://secwatch.observer/filing/0000353184-25-000060.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/353184/000035318425000060/0000353184-25-000060-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/353184/000035318425000060/airt-20250718.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-18T05:52:09.180392+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"439107e9bc7448205929b439b7fe21ec67d1b708","claim":"AIR T INC completed a disposition involving FTAI Aircraft Leasing Ireland (2025) DAC for exceeded $18,000,000 (closed 2025-07-15).","evidence_excerpt":"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","evidence_source":"SEC 8-K Item 2.01/5.01","evidence_url":"https://www.sec.gov/Archives/edgar/data/353184/000035318425000060/0000353184-25-000060-index.htm","confidence":0.9,"family_label":"M&A Transactions","details":[{"label":"Action","value":"disposition"},{"label":"Counterparty","value":"FTAI Aircraft Leasing Ireland (2025) DAC"},{"label":"Consideration","value":"exceeded $18,000,000"},{"label":"Closing","value":"2025-07-15"}],"fact_type":"ma_transaction"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}