X0202 SCHEDULE 13G 0001137404 XXXXXXXX LIVE Class A Common Stock 05/15/2026 0002098430 Madison Air Solutions Corp 55658T105 444 WEST LAKE STREET SUITE 4460 Chicago IL 60606 Rule 13d-1(d) Ernesto Bertarelli V8 0 44841071 0 44841071 44841071 N 25.3 IN Rows 6, 8 and 9 include (i) 37,616,998 shares of Class A common stock held by K.C. Armada, LP and (ii) 7,224,073 shares of Class A common stock held by Kedge Capital Principal Opportunities V, LP. Ernesto Bertarelli may be deemed to beneficially own the shares held by K.C. Armada, LP and Kedge Capital Principal Opportunities V, LP. KC Armada LP Y9 0 37616998 0 37616998 37616998 N 21.3 PN Rows 6, 8 and 9 represent 37,616,998 shares of Class A common stock held by K.C. Armada, LP. Madison Air Solutions Corp 444 West Lake Street, Suite 4460 Chicago IL 60606 This Schedule 13G is filed by Ernesto Bertarelli and K.C. Armada, LP, a Jersey limited partnership (each a "Reporting Person" and collectively the "Reporting Persons"). The principal business address for the Reporting Persons is Gaspe House, 2nd Floor, 66-72 Esplanade, St Helier, JE1 1GH Jersey. The information set forth in Row 4 of the cover page for each of the Reporting Persons is incorporated herein by reference. Y The information set forth in Row 9 of the cover page for each of the Reporting Persons is incorporated herein by reference. The information set forth in Row 11 of the cover page for each of the Reporting Persons is incorporated herein by reference. [The percentages of class set forth in this Schedule 13G are calculated based upon an aggregate of 176,888,113 shares of Class A common stock outstanding as of April 17, 2026, as reported in the Issuer's Prospectus on Form 424B4 filed with the Securities and Exchange Commission on April 17, 2026.] The information set forth in Row 5 of the cover page for each of the Reporting Persons is incorporated herein by reference. The information set forth in Row 6 of the cover page for each of the Reporting Persons is incorporated herein by reference. The information set forth in Row 7 of the cover page for each of the Reporting Persons is incorporated herein by reference. The information set forth in Row 8 of the cover page for each of the Reporting Persons is incorporated herein by reference. Y Y Y Y Y Y Exhibit 99.1: Joint Filing Agreement Exhibit 99.2: Power of Attorney Ernesto Bertarelli /s/ Edward Butler 05/15/2026 KC Armada LP /s/ Andrew Le Gal 05/15/2026