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Sat, Jul

AeroTransCargo Partners with HALO AirFinance to Fuel Growth through Strategic Engine Acquisition

World Maritime
AeroTransCargo Partners with HALO AirFinance to Fuel Growth through Strategic Engine Acquisition

According to a recent declaration, AeroTransCargo has secured a senior term loan from HALO AirFinance, which is a collaboration between GA Telesis and Tokyo Century Corporation—two prominent players in the aviation finance sector.

This funding is pivotal for ATC as it aims to enhance its presence in crucial international markets. The loan will facilitate the acquisition and refurbishment of engines for its fleet of boeing 747-400 freighters, along with covering initial expenses for new aircraft being added to their lineup.

“We’re thrilled to have gained the trust of HALO airfinance,” remarked Guneet Mirchandani, Chairman of AeroTransCargo. “This partnership not only highlights our growth trajectory but also reflects their belief in our strategic vision and operational strength. As part of the AIR ONE network, we are dedicated to creating a scalable cargo platform backed by partners who recognize our contribution to the global air freight industry.”

Marc Cho, Co-Head and Managing Director at HALO, commented: “This financing aligns with HALO’s goal of providing tailored capital solutions throughout the aviation lifecycle. We’re excited to support such an influential cargo operator and anticipate broadening our influence in international markets.”

AIR ONE International Holdings operates as a worldwide network comprising various cargo airlines that offer adaptable airfreight services through long-term charters and scheduled operations. This group oversees commercial activities for its subsidiaries like AeroTransCargo (Moldova) and RomCargo Airlines (Romania), alongside its partner One Air (UK), which boasts one of the largest fleets globally with 11 Boeing 747-400 freighters. With bases in london,Hong Kong,and Dubai,AIR ONE focuses on delivering responsive cargo solutions tailored to customer needs around the world.

Over the past five years alone, AIR ONE has successfully coordinated more than 3,750 full charters using resources from its subsidiary airlines—transporting over 345,000 tonnes across more than 100 destinations worldwide.

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