ACG to finance 747-8F purchase for AirBridgeCargo

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Aviation Capital Group (ACG) will structure, arrange and provide a guarantee for a senior loan to finance AirBridgeCargo Airlines’ purchase of one Boeing 747-8 Freighter.

The aircraft is expected to be delivered in February 2019 and the financing mandate was awarded in connection with ACG’s Aircraft Financing Solutions programme.

Bob Roy, managing director of ACG says: “ACG is extremely pleased to have this opportunity to work with ABC. The award of a financing mandate from ABC is a notable achievement and an important milestone, as it will be the first aircraft transaction funded under the AFS programme.”

Tatiana Arslanova, vice president of strategic management for Volga-Dnepr Group says: “Expansion of our fleet and network is a part of our strategy and we are delighted to partner with ACG to be a part of our success. We are grateful to ACG for their support both to ABC and the 747-8 programme. We are positive that this delivery will be the next step for us to enhance our quality to meet our customers’ needs.”