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AirT Acquired Contrail Aviation Support, Inc.

  • Date July 1, 2016
  • Transaction type Acquisition
  • Industry Aerospace & Defense, Software, Technology
Air T, Inc. (NASDAQ Capital Market: AIRT), a diversified holding company, today announced the acquisition of Contrail Aviation Support, Inc., a growing worldwide supplier of surplus and aftermarket commercial jet engine components based in Verona, WI. Cornerstone Business Services acted as advisor to Contrail Aviation Support in this transaction. Cornerstone Business Services found AirT through the Axial network, of which both are members.

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