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Air T Completes $18M Aircraft Sale to FTAI

Story Highlights
  • CASP Leasing I, LLC sold two Airbus aircraft with engines for over $18 million.
  • The transaction involved assigning lease rights to a new lessor, impacting company operations.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Air T Completes $18M Aircraft Sale to FTAI

Elevate Your Investing Strategy:

Air T ( (AIRT) ) has shared an announcement.

On July 15, 2025, CASP Leasing I, LLC, a subsidiary of Contrail Aviation Support, LLC, completed the sale of two Airbus aircraft with engines for over $18 million to FTAI Aircraft Leasing Ireland (2025) DAC. This transaction involved the assignment of lease rights and obligations to the new lessor, marking a significant financial move for the company.

Spark’s Take on AIRT Stock

According to Spark, TipRanks’ AI Analyst, AIRT is a Neutral.

Air T’s overall stock score reflects a balance between technical strength and corporate growth initiatives against financial and valuation challenges. Positive corporate events and bullish technical signals boost the score, but financial instability and poor valuation metrics limit the upside potential.

To see Spark’s full report on AIRT stock, click here.

More about Air T

Average Trading Volume: 3,024

Technical Sentiment Signal: Buy

Current Market Cap: $57.4M

For an in-depth examination of AIRT stock, go to TipRanks’ Overview page.

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