The Australian Government has thrown its support behind Air T’s plan to acquire and recapitalise Rex Airlines (Rex). Under the proposal, Air T will inject AUS$50 million into the carrier, while the Government will restructure existing debt and provide a new commercial loan of up to AUS$60 million to strengthen the airline’s finances. In return, […]
Australian Government backs Air T’s bid for Rex Read More »
Crestone Air Partners (Crestone), a wholly owned subsidiary of Air T, has announced the creation of Blue Crest Aviation Partners (Blue Crest), a new joint venture with funds managed by Blue Owl Capital. The initiative is designed to acquire mid-life commercial jet aircraft on lease to airlines worldwide, focusing on a disciplined, income-oriented investment strategy.
Newly launched Blue Crest to target mid-life aircraft market Read More »
Air T has reported the successful renegotiation of a major financing agreement involving its wholly owned subsidiary, AAM 24-1, LLC. The revised agreement, reached with the company’s existing institutional investors, increases the transaction size from US$30,000,000 to US$100,000,000, extends the repayment timeline and enhances financial flexibility. These modifications are intended to reinforce Air T’s long-term
Air T and Crestone conclude financing agreement with institutional investors Read More »
