Two Boeing B747-8F for Hongyuan Group
AFG Aviation Ireland (Ireland), a wholly owned subsidiary of Aircraft Finance Germany, has completed the acquisition of two Boeing B747-8F freighter aircraft, MSN 37562 and MSN 37563, from Saudi Arabian Airlines for its strategic partner Hongyuan Group.
Hongyuan Group is the official warehousing and storage services provider for the Olympic and Paralympic Winter Games in Beijing in 2022. Both aircraft will be operated by Air Bridge Cargo Airlines (the Russian Federation) on behalf of Hongyuan Group.
Christian Nuehlen, CEO of Aircraft Finance Germany, comments: “We are proud to have had the opportunity to work with the professional team at Saudia and that we managed to bring this transaction to a successful close.” (cj)