Regional aircraft lessor ACIA Aero Leasing has completed a financing deal with volofin for four ATR72-600 aircraft.
The facility covers the refinancing of two ATRs on lease to Emerald Airlines with an accordion facility to fund additional aircraft. ACIA then used a portion of the accordion to support the closing of a sale and leaseback deal for two ATR 72-600s operated by EWA Air.
“The volofin team provided a flexible facility designed to meet our specific requirements,” said ACIA SVP corporate finance and risk Bradley Gordon. “The efficiency with which we completed two transactions in such a short timeframe is a testament to the professionalism and commitment of the volofin team.”