Intrepid funds one 747F using AFIC structure; AFIC’s Bob Morin speaks at Airline Economics Growth Frontiers Dubai

The 12th aircraft using the Aircraft Finance Insurance Consortium (AFIC), a non-payment insurance product designed for banks and capital markets investors that are funding aircraft purchases from Boeing, has been closed that finances a Boeing 747 freighter for Intrepid Aviation. The financing used the Greensill Aircraft Finance Structure, which is underwritten by four leading global insurance companies: Allianz, AXIS Capital, Sompo International and Fidelis. Greensill Capital is a specialist provider of working capital solutions Lex Greensill, CEO and Founder of Greensill Capital, said: “Our greatest strength at Greensill is our ability to innovate with speed and efficiency to devise financing