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(1) New Asset Management Business Focused on Acquiring, Trading and Leasing Commercial Jet Aircraft DENVER, NC / ACCESSWIRE / May 6, 2021 / Air T, Inc. (NASDAQ:AIRT), an industrious American holding company which operates a group of independent, yet interrelated, aviation businesses, today announced the formation of a new aircraft asset management business called Contrail Asset Management ("CAM"), and a new aircraft capital joint venture called Contrail JV II LLC ("CJVII"). The new joint venture has been formed as a scalable asset management platform that complements Air T's existing operatin...
Air T Launches Aviation Asset Management Vehicle With up to $408m Equity Capital ACCESSWIRE New Asset Management Business Focused on Acquiring, Trading and Leasing Commercial Jet Aircraft DENVER, NC / ACCESSWIRE / May 6, 2021 / Air T, Inc. (NASDAQ:AIRT), an industrious American holding company which operates a group of independent, yet interrelated, aviation businesses, today announced the formation of a new aircraft asset management business called Contrail Asset Management ('CAM'), and a new aircraft capital joint venture called Contrail JV II LLC ('CJVII'). The new joint venture has been f...