AeroTransCargo secures senior loan facility with HALO AirFinance for engine procurement and expansion

AeroTransCargo secures senior loan facility with HALO AirFinance for engine procurement and expansion

AeroTransCargo has successfully closed a senior term loan facility with HALO AirFinance – a joint venture between GA Telesis and Tokyo Century Corporation, two of the most respected institutions in global aviation finance.

The facility supports the broader growth strategy of ATC as it continues to strengthen its market position across key global lanes. It will help to finance engine procurement and refurbishment for ATC’s fleet of Boeing 747-400 freighters, as well as start-up costs for other aircraft being introduced to its fleet.

“We are proud to have earned the trust and support of HALO AirFinance, which reflects not only our growth performance but also their confidence in our long-term vision, strategy, and operational resilience,” said Guneet Mirchandani, Chairman of AeroTransCargo. “As part of the wider AIR ONE network, we are committed to building a scalable and sustainable cargo platform, supported by strategic partners who understand the value we bring to the global air cargo market and the stakeholders who rely on wide-bodied freighter capacity.”

Marc Cho, Co-Head and Managing Director of HALO, added: “This financing underscores HALO’s mandate to deliver customised capital solutions across the aviation lifecycle. We are pleased to support a leading cargo operator and look forward to continuing to expand our reach across global markets.”

AIR ONE International Holdings is a global network of cargo airlines and aviation companies providing flexible airfreight capacity through long-term charters, ACMI solutions, and scheduled services. The group manages the commercial activities of subsidiary airlines AeroTransCargo (Moldova) and RomCargo Airlines (Romania), as well as its affiliated partner, One Air (United Kingdom), operating one of the world’s largest wide-body fleets consisting of 11 Boeing 747-400 freighters. With offices in London, the UAE, and Hong Kong, AIR ONE is committed to delivering agile, customer-focused cargo solutions across the globe.

In the last five years, AIR ONE has successfully organised over 3,750 full charters using the fleets of its subsidiary and affiliated airline partners, carrying more than 345,000 tonnes of cargo to more than 100 destinations globally.

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Edward Hardy

Having become a journalist after university, Edward Hardy has been a reporter and editor at some of the world's leading publications and news sites. In 2022, he became Air Cargo Week's Editor. Got news to share? Contact me on Edward.Hardy@AirCargoWeek.com

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