Aviation Capital Group Announces the Financing of One B747-8F Aircraft for AirBridgeCargo

NEWPORT BEACH, Calif.–(BUSINESS WIRE)–Aviation Capital Group LLC (ACG), a leading aircraft operating lessor,
announced today that it has structured, arranged, and provided a
guarantee of a loan by MUFG Bank Ltd. (MUFG) to finance a portion of the
purchase price of one (1) Boeing 747-8F aircraft delivered to
AirBridgeCargo (ABC) Airlines, one of the world’s leading air cargo
carriers.

The ABC financing utilized ACG’s Aircraft Financing Solutions (AFS)
program. The AFS program complements ACG’s operating lease business by
providing customers with cost effective aircraft financing solutions.
Among operating lessors, ACG believes that it has created a unique
aircraft financing program.

ACG is extremely pleased to have had this opportunity to work with ABC
and MUFG. Not only is this the first aircraft transaction funded under
the AFS program, but ACG was awarded the financing mandate less than two
months ago. Together with the cooperation and hard work of ABC and MUFG,
who also provided critical input on structuring the loan, the AFS team
was able to successfully structure and arrange this financing in a very
compressed time period,” said Bob Roy, managing director of ACG.

MUFG is very pleased to support ACG for the launch of this important
initiative and to assist AirBridgeCargo with the financing of a B747-8F
added in their fleet. MUFG is very proud to have assisted ACG in the
structuring of this innovative new product and to continue the long
relationship between our two institutions,” said Olivier Trauchessec,
Head of Transportation Finance-Americas at MUFG.

ABC is honored to be the first customer of ACG’s new AFS program which
allowed us to further diversify our funding and approach it in the most
effective way. We appreciate the execution capabilities of the parties
involved and look forward to further cooperation. The additional
aircraft into ABC’s fleet will bolster its network in line with
customers’ expectations and will facilitate ABC’s further growth and
development,” said Tatyana Arslanova, Vice President, Strategic
Management of Volga-Dnepr Group.

About Aviation Capital Group

Aviation Capital Group is one of the world’s premier full-service
aircraft asset managers with approximately 500 owned, managed and
committed aircraft as of December 31, 2018, which are leased to
approximately 90 airlines in approximately 45 countries. ACG was founded
in 1989 and is an indirect majority-owned subsidiary of Pacific Life
Insurance Company.

About AirBridgeCargo Airlines

AirBridgeCargo is one of the world’s fastest growing global cargo
airlines, and its expanding route network connects customers in the
largest trans-regional markets of Asia, Europe and North America,
covering more than 30 major cargo gateways and accommodating trade flows
worldwide. All the flights are operated via ABC’s cargo hub in Moscow,
featuring up-to-date equipment and guaranteeing seamless connection
throughout the airline’s expanded international network within a 48-hour
delivery time, including handling, all managed by highly skilled and
qualified ground handling personnel. ABC’s fleet of Boeing 747
freighters is one of the youngest and most modern in the airline
industry.

For more information, visit www.airbridgecargo.com.

Contacts

Gordon Grant
Investor and Media Relations
+ 1 949 219 4664
[email protected]

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