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Atlas Air secures $90 million from Investec Aviation Finance | News
Aircraft and aviation operational services provider Atlas Air has secured a $90 million (€82.3 million) loan from Investec Aviation Finance.
Investec said it provided senior debt financing for the acquisition of three aircraft.
Atlas Air is a third-party provider of aircraft and aviation operational services and the world’s largest third-party provider of air freight, with a fleet of over 90 long-haul cargo aircraft.
Clayton Woollgar, of Investec Aviation Finance, said: “We are delighted to have secured this senior financing for Atlas Air, a leader in its market and a key enabler of global trade.
“The success of the transaction highlights our own leadership capabilities in finding pragmatic solutions and structuring for all types of transactions.”
Artem Gonopolskiy, Executive Vice President and Chief Financial Officer of Atlas Air, said: “The 747-400F is an integral part of Atlas’ dedicated widebody freighter capability, and the acquisition of these aircraft demonstrates our commitment to providing unparalleled support for global supply chains.
“Atlas appreciated Investec’s solutions-oriented structure and efficient transaction execution.”
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