Harbor Diversified announced three interdependent transactions totaling approximately $113.2 million in expected aggregate consideration, subject to adjustments. The company agreed to sell 100% of the membership interests of Air Wisconsin Airlines to CSI Aviation, sell 13 Bombardier CRJ200 aircraft and parts to CSI Aviation, and sell 12 Bombardier CRJ200 aircraft to Associated Lease and Finance Group. Each transaction is expected to close promptly after customary closing and regulatory conditions are satisfied, and each closing is conditioned upon the others. Harbor Diversified expects these deals to streamline its portfolio and monetize aviation assets.
Agreement 1: Harbor Diversified Signs Membership Interest Purchase Agreement With CSI Aviation
- Agreement type: Membership Interest Purchase Agreement for sale of 100% of Air Wisconsin Airlines
- Counterparty: CSI Aviation
- Signed / Effective: Dec 10 2025 / N/A
- Reason: Monetize assets and streamline operations
Agreement 2: Harbor Diversified Signs Asset Purchase Agreement With CSI Aviation
- Agreement type: Asset Purchase Agreement for 13 Bombardier CRJ200 aircraft and parts
- Counterparty: CSI Aviation
- Signed / Effective: Dec 10 2025 / N/A
- Reason: Rebalance fleet and unlock asset value
Agreement 3: Harbor Diversified Signs Asset Purchase Agreement With Associated Lease and Finance Group
- Agreement type: Asset Purchase Agreement for 12 Bombardier CRJ200 aircraft
- Counterparty: Associated Lease and Finance Group
- Signed / Effective: Dec 15 2025 / N/A
- Reason: Optimize asset portfolio and enhance liquidity
Original SEC Filing:
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