X0202 SCHEDULE 13G 0002116206 XXXXXXXX LIVE Class A common stock, par value $0.0000001 per share 09/01/2026 0002098430 Madison Air Solutions Corp 55658T105 444 WEST LAKE STREET, SUITE 4460 CHICAGO IL 60606 Rule 13d-1(c) HRTG PV, L.P. a DE 0.00 20423025.00 0.00 20423025.00 20423025.00 7.6 PN Row 11. Based on a total of 267,450,883 shares of Class A Common Stock outstanding, consisting of (i) 177,342,753 shares of Class A Common Stock outstanding as of July 28, 2026, as reported by the Issuer in its Quarterly Report on Form 10-Q for the quarter ended June 30, 2026, filed with the Securities and Exchange Commission on July 30, 2026, and (ii) 90,108,130 shares of Class A Common Stock issued by the Issuer in a private placement, as reported by the Issuer in its Current Report on Form 8-K filed with the Securities and Exchange Commission on August 25, 2026. HRTG CIF 2026, L.P. a DE 0.00 5006007.00 0.00 5006007.00 5006007.00 1.9 PN Row 11. Based on a total of 267,450,883 shares of Class A Common Stock outstanding, consisting of (i) 177,342,753 shares of Class A Common Stock outstanding as of July 28, 2026, as reported by the Issuer in its Quarterly Report on Form 10-Q for the quarter ended June 30, 2026, filed with the Securities and Exchange Commission on July 30, 2026, and (ii) 90,108,130 shares of Class A Common Stock issued by the Issuer in a private placement, as reported by the Issuer in its Current Report on Form 8-K filed with the Securities and Exchange Commission on August 25, 2026. HRTG GPE, LLC a DE 0.00 25429032.00 0.00 25429032.00 25429032.00 9.5 OO Row 6, 8 and 9. 20,423,025 shares of Class A Common Stock are directly owned by HRTG PV, L.P. ("HRTG PV") and 5,006,007 shares of Class A Common Stock are directly owned by HRTG CIF 2026, L.P. ("HRTG CIF 2026"). HRTG GPE, LLC ("HRTG") is the general partner of each of HRTG PV and HRTG CIF 2026. Row 11. Based on a total of 267,450,883 shares of Class A Common Stock outstanding, consisting of (i) 177,342,753 shares of Class A Common Stock outstanding as of July 28, 2026, as reported by the Issuer in its Quarterly Report on Form 10-Q for the quarter ended June 30, 2026, filed with the Securities and Exchange Commission on July 30, 2026, and (ii) 90,108,130 shares of Class A Common Stock issued by the Issuer in a private placement, as reported by the Issuer in its Current Report on Form 8-K filed with the Securities and Exchange Commission on August 25, 2026. Kelly Kevin Anthony a X1 0.00 25429032.00 0.00 25429032.00 25429032.00 9.5 IN Row 6, 8 and 9. 20,423,025 shares of Class A Common Stock are directly owned by HRTG PV and 5,006,007 shares of Class A Common Stock are directly owned by HRTG CIF 2026. HRTG is the general partner of each of HRTG PV and HRTG CIF 2026. Keith Johnson and Kevin Kelly each serve as a Managing Member of HRTG. Each of HRTG, Mr. Johnson and Mr. Kelly disclaims beneficial ownership of the securities held directly by HRTG PV and HRTG CIF 2026, except to the extent of such person's pecuniary interest therein, if any. Row 11. Based on a total of 267,450,883 shares of Class A Common Stock outstanding, consisting of (i) 177,342,753 shares of Class A Common Stock outstanding as of July 28, 2026, as reported by the Issuer in its Quarterly Report on Form 10-Q for the quarter ended June 30, 2026, filed with the Securities and Exchange Commission on July 30, 2026, and (ii) 90,108,130 shares of Class A Common Stock issued by the Issuer in a private placement, as reported by the Issuer in its Current Report on Form 8-K filed with the Securities and Exchange Commission on August 25, 2026. Johnson Keith Bryon a X1 0.00 25429032.00 0.00 25429032.00 25429032.00 9.5 IN Row 6, 8 and 9. 20,423,025 shares of Class A Common Stock are directly owned by HRTG PV and 5,006,007 shares of Class A Common Stock are directly owned by HRTG CIF 2026. HRTG is the general partner of each of HRTG PV and HRTG CIF 2026. Keith Johnson and Kevin Kelly each serve as a Managing Member of HRTG. Each of HRTG, Mr. Johnson and Mr. Kelly disclaims beneficial ownership of the securities held directly by HRTG PV and HRTG CIF 2026, except to the extent of such person's pecuniary interest therein, if any. Row 11. Based on a total of 267,450,883 shares of Class A Common Stock outstanding, consisting of (i) 177,342,753 shares of Class A Common Stock outstanding as of July 28, 2026, as reported by the Issuer in its Quarterly Report on Form 10-Q for the quarter ended June 30, 2026, filed with the Securities and Exchange Commission on July 30, 2026, and (ii) 90,108,130 shares of Class A Common Stock issued by the Issuer in a private placement, as reported by the Issuer in its Current Report on Form 8-K filed with the Securities and Exchange Commission on August 25, 2026. Madison Air Solutions Corp 444 WEST LAKE STREET, SUITE 4460, CHICAGO, ILLINOIS, 60606. HRTG PV, L.P. HRTG CIF 2026, L.P. HRTG GPE, LLC Kevin Anthony Kelly Keith Bryon Johnson HRTG is the general partner of each of HRTG PV and HRTG CIF 2026. Keith Johnson and Kevin Kelly each serve as a Managing Member of HRTG. Each of HRTG, Mr. Johnson and Mr. Kelly disclaims beneficial ownership of the securities held directly by HRTG PV and HRTG CIF 2026 except to the extent of such person's pecuniary interest therein, if any. 5237 HHR RANCH RD, SUITE 2, WILSON, WY, 83014 HRTG PV, L.P., HRTG CIF 2026, L.P., and HRTG GPE, LLC: Delaware; Kevin Anthony Kelly and Keith Bryon Johnson: USA Y 25,429,032. 20,423,025 shares of Class A Common Stock are directly owned by HRTG PV and 5,006,007 shares of Class A Common Stock are directly owned by HRTG CIF 2026. HRTG is the general partner of each of HRTG PV and HRTG CIF 2026. Keith Johnson and Kevin Kelly each serve as a Managing Member of HRTG. Each of HRTG, Mr. Johnson and Mr. Kelly disclaims beneficial ownership of the securities held directly by HRTG PV and HRTG CIF 2026, except to the extent of such person's pecuniary interest therein, if any. 9.5%. The percentage is based on a total of 267,450,883 shares of Class A Common Stock outstanding, consisting of (i) 177,342,753 shares of Class A Common Stock outstanding as of July 28, 2026, as reported by the Issuer in its Quarterly Report on Form 10-Q for the quarter ended June 30, 2026, filed with the Securities and Exchange Commission on July 30, 2026, and (ii) 90,108,130 shares of Class A Common Stock issued by the Issuer in a private placement, as reported by the Issuer in its Current Report on Form 8-K filed with the Securities and Exchange Commission on August 25, 2026. 0 HRTG PV, L.P.: 20,423,025 HRTG CIF 2026, L.P.: 5,006,007 HRTG GPE, LLC: 25,429,032 Kevin Anthony Kelly: 25,429,032 Keith Bryon Johnson: 25,429,032 0 HRTG PV, L.P.: 20,423,025 HRTG CIF 2026, L.P.: 5,006,007 HRTG GPE, LLC: 25,429,032 Kevin Anthony Kelly: 25,429,032 Keith Bryon Johnson: 25,429,032 Y N Y Y Y Y N By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11. HRTG PV, L.P. /s/ Kevin Anthony Kelly 11/05/2026 HRTG CIF 2026, L.P. /s/ Kevin Anthony Kelly 11/05/2026 HRTG GPE, LLC /s/ Kevin Anthony Kelly 11/05/2026 Kelly Kevin Anthony /s/ Kevin Anthony Kelly 11/05/2026 Johnson Keith Bryon /s/ Keith Bryon Johnson 11/05/2026