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