Air T launches aviation asset management vehicle

Air T, an American holding company which operates a group of independent, yet interrelated, aviation businesses, has formed a new aircraft asset management business called Contrail Asset Management (CAM), and a new aircraft capital joint venture called Contrail JV II (CJVII). The new joint venture has been formed as a scalable asset management platform that complements Air T’s existing operating businesses. The new venture will focus on acquiring commercial aircraft and jet engines for leasing, trading and disassembly. CJVII will target investments in current generation narrow body aircraft and engines, building on Contrail Aviation Support’s comprehensive origination and asset management