Nepal Airlines has now repaid $3.9 million in loan installments tied to the financing of its commercial aircraft fleet, consisting of two narrowbody and two widebody aircraft. This repayment is part of the carrier’s obligations from loans obtained for the acquisition of these aircraft during an earlier fleet modernization phase.
HALO AirFinance, a prominent U.S.-based aviation finance provider, has successfully closed a senior term loan facility aimed at supporting an established cargo airline based in the Middle East. The loan is specifically structured to finance a Boeing 747-400ERF, a mature widebody freighter, and will contribute significantly to the airline’s working capital requirements.
Volofin Capital Management (UK) has successfully closed its inaugural aircraft loan asset-backed securitization (ABS), marking a significant milestone in its financial operations. The securitization, named VFIN 2024-1, involved the issuance of approximately US$534 million in notes.
