Voyager Aviation Holdings, announced this week that it has entered into an agreement with AirBridgeCargo Airlines and Volga-Dnepr Group to convert the operating lease on one (1) of the Company’s 747-8F aircraft into a finance lease. The transaction is the second conversion of a 747-8F operating lease with AirBridgeCargo (part of Volga-Dnepr Group) to a finance lease.
“This second lease conversion, following the first transaction announced on December 14, 2020, is indicative of the continued strength of the cargo market and performance of AirBridgeCargo and Volga-Dnepr,” said Voyager’s President & Chief Executive Officer, Mike Lungariello. “Voyager is pleased to offer innovative financing solutions to our customers, and we will continue to do so in the future when opportunities present themselves.”