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Contrail Reports Strong FY’19

Contrail’s CEO Joe Kuhn, said: “Despite a competitive market environment in FY 2019, we were able to overcome these headwinds and successfully complete a record 26 profitable transactions [spanning acquisitions, leases, and sales of commercial aircraft and jet engine parts]. Going forward, we are well-positioned, well-capitalized, and have a strong pipeline of assets that will continue to feed our trading and parts business throughout the upcoming year.”  Total sales dollar volume not disclosed.