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.
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