Statement of Changes in Beneficial Ownership (Form 4)

FORM 4 Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b). Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940

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(Print or Type Responses)

1. Name and Address of Reporting Person * Gies Larry 2. Issuer Name and Ticker or Trading Symbol Madison Air Solutions Corp [MAIR] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) __X__ Director __X__ 10% Owner _____ Officer (give title below) _____ Other (specify below) (Last) (First) (Middle) C/O MADISON INDUSTRIES HOLDINGS LLC, 444 WEST LAKE STREET, SUITE 4400 3. Date of Earliest Transaction (Month/Day/Year) 08/25/2026 (Street) CHICAGO, IL 60606 4. If Amendment, Date Original Filed (Month/Day/Year) 6. Individual or Joint/Group Filing (Check Applicable Line) ___ Form filed by One Reporting Person _X_ Form filed by More than One Reporting Person (City) (State) (Zip) Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned

1.Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4) Code V Amount (A) or (D) Price Class A common stock 08/25/2026 A(1) 12,014,417 A $24.97 12,014,417 I See Footnote(2) Class A common stock 08/25/2026 A(1) 12,815,378 A $24.97 12,815,378 I See Footnote(3)

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)

1. Title of Derivative Security (Instr. 3)

2. Conversion or Exercise Price of Derivative Security

3. Transaction Date (Month/Day/Year)

3A. Deemed Execution Date, if any (Month/Day/Year)

4. Transaction Code (Instr. 8)

5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5)

6. Date Exercisable and Expiration Date (Month/Day/Year)

7. Title and Amount of Underlying Securities (Instr. 3 and 4)

8. Price of Derivative Security (Instr. 5)

9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)

10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)

11. Nature of Indirect Beneficial Ownership (Instr. 4)

Code

V

(A)

(D)

Date Exercisable

Expiration Date

Title

Amount or Number of Shares

Reporting Owners

Reporting Owner Name / Address	Relationships
	Director	10% Owner	Officer	Other
Gies Larry C/O MADISON INDUSTRIES HOLDINGS LLC 444 WEST LAKE STREET, SUITE 4400 CHICAGO, IL 60606	X	X
Madison Industries Holdings LLC 444 WEST LAKE STREET, SUITE 4400 CHICAGO, IL 60606	X	X

Signatures

/s/ Larry Gies		08/27/2026
**Signature of Reporting Person		Date
/s/ Larry Gies, Sole Manager of Madison Industries Holdings LLC		08/27/2026
**Signature of Reporting Person		Date

Explanation of Responses:

*	If the form is filed by more than one reporting person, see Instruction 4(b)(v).
**	Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1)	The reported transaction represents a purchase from the Issuer pursuant to a securities purchase agreement with certain institutional accredited investors, expected to close on September 1, 2026.
(2)	The reported securities are held in Mr. Gies' revocable trust. Mr. Gies disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein.
(3)	The reported securities are held directly by Madison Solutions LLC ("Madison Solutions"). As the sole manager of Madison Solutions, Mr. Gies may be deemed to beneficially own the reported securities held directly by Madison Solutions but disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein.
Remarks: Madison Solutions and Madison Industries Holdings LLC may be directors-by-deputization solely for purposes of Section 16 of the Securities Exchange Act of 1934, as amended.

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