Air T Inc., through its 95% owned subsidiary CASP Leasing I, LLC, has entered into two separate sale and purchase agreements to sell Airbus Model aircraft. The purchaser, FTAI Aircraft Leasing Ireland (2025) DAC, is set to acquire the aircrafts for a combined transaction value exceeding $25 million. The transactions are anticipated to close during the week of July 7, 2025, though they are subject to various closing conditions. Details of the agreements, largely confidential, include representations and warranties made solely for the contracting parties' benefit.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Air T Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0000353184-25-000038), on June 25, 2025, and is solely responsible for the information contained therein.