GASS Equipment Financing

ABL Aviation Delivers Boeing 777-200LRF to Atlas Air with JOLCO and AFIC Structure

Feb 02, 2024By GASS Pte Ltd

GP

February 2024

ABL Aviation has successfully delivered a Boeing 777-200LRF to Atlas Air using a Japanese Operating Lease with Call Option (JOLCO) and backed by the Aircraft Finance Insurance Consortium (AFIC). This transaction highlights ABL Aviation's expertise in innovative aircraft financing.

About the Boeing 777-200LRF

The Boeing 777-200LRF is a long-range freighter known for its range and payload capacity. This addition to Atlas Air's fleet will enhance their cargo transport capabilities, allowing them to serve more routes and carry heavier loads efficiently.

Financing Structure

The deal was structured using JOLCO, which offers flexibility and tax benefits by combining leasing with an option to purchase. AFIC's involvement provided insurance-backed financing, reducing lender risk and facilitating the transaction.

ABL Aviation's Expertise

ABL Aviation's role was crucial in navigating the complexities of the JOLCO structure and leveraging AFIC's insurance-backed financing. Their ability to execute such a transaction underscores their leadership in the industry.

For more information on ABL Aviation and their services, visit ABL Aviation's website  https://www.ablaviation.com