Air T launched its new business, Runway Aero Advisors on January 9, 2025. The new business will advise companies as they raise debt and equity capital.
Runway will be led by Steve Welo who joined Air T in September 2024. He will continue to help Air T raise capital for its existing businesses, including Crestone Air Partners.
“Air T is well positioned to make a difference in the aviation industry through its diverse portfolio of aviation businesses,” said Welo. “The industry is both technically deep and capital intense, which makes it fun and interesting. We strive to build relationships and deliver relevant products and services to the investor community."
“Steve's expertise and leadership will play a key role in driving our continued growth and success as we explore new opportunities for capital formation and capital markets advisory services,” said Air T CEO Nick Swenson.
Air T is a portfolio of businesses and financial assets in the aviation industry.