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Joe Nagel joins Crestone Air Partners as Strategic Advisor

Joe Nagel joins Crestone Air Partners as Strategic Advisor Denver, Colorado, April 15, 2024 – Crestone Air Partners, Inc., a full-service aviation asset management platform backed by Air T, Inc., is excited to welcome Joe Nagel to the team as a Strategic Advisor to...

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Air T Inc Announces Formation Of Crestone Air Partners – Independent Yet Interrelated Division Focusing on Leasing and Managing Commercial Aviation Assets

AIR T, INC (NASDAQ:AIRT) today announced the formation of Crestone Air Partners, Inc. (“Crestone”), a wholly owned subsidiary focused on trading, leasing, and managing commercial aviation assets. Crestone’s leadership has over 100 years of combined aviation industry experience. Crestone will service our previously announced aircraft asset management joint venture (the “2021 JV”), and work closely with our capital partners to invest in aviation assets through the 2021 JV. As of June 30, 2022, the 2021 JV has deployed nearly $100 million of equity with the possibility of an additional $300 million if all upsize options are executed.

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