• Crestone Air Partners, majority owned by Air T, closed its acquisition of Arena Aviation Capital, expanding the combined aviation asset-management platform.
• Combined assets under management rose to USD 3.6 billion, from USD 1.2 billion at March 31, 2026; Crestone had USD 800 million at Dec. 31, 2025.
• Air T and Aviation Growth Initiatives bought out Mill Road Investors’ 10% common interest in Crestone Asset Management at a USD 62 million pre-money valuation for USD 6.2 million cash.
• Blue Owl Capital invested in Crestone Air Partners at an USD 80 million post-merger valuation for up to 12.5%, contingent on performance.
• Air T’s stake in Crestone Air Partners now stands at about 83.9%.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Air T Inc. published the original content used to generate this news brief via ACCESS Newswire (Ref. ID: 202606161710ACCESSWRNAPR_____1178327) on June 16, 2026, and is solely responsible for the information contained therein.