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Atlas Air closes $865m Ex-Im loan

02 February 2012

The 12-year term-loan will finance the lessor’s last Boeing 747-8 freighter deliveries.

Read more: Atlas Air Worldwide Holdings US Ex-Im guaranteed loan Boeing 747-8 freighter Apple Bank SkyWorks Pillsbury Vedder Price Milbank William Flynn

Atlas Air Worldwide Holdings has closed an $865 million US Ex-Im guaranteed loan to finance its remaining six Boeing 747-8 freighter deliveries. The facility will be drawn in six separate 12-year term loans upon delivery of the aircraft, which are scheduled to deliver between mid-2012 and mid-2013.

Apple Bank is lender for the loan, which closed on Monday. SkyWorks Capital advised Atlas Air on the facility, which will...


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"I'm doing some overbooking. We know that there will always be some cancellations."

John Leahy, chief operating officer, customers, Airbus


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