ATLANTA (March 4, 2019) – Smith, Gambrell & Russell, LLP (SGR) is pleased to announce that the firm served as legal counsel to Aviation Capital Group (ACG), a leading aircraft operating lessor, in its financing transaction for one Boeing 747-8F aircraft delivered to AirBridgeCargo (ABC) Airlines, one of the world’s leading air cargo carriers.
This financing for ABC is the first aircraft transaction funded under ACG’s new Aircraft Financing Solutions (AFS) program, which complements ACG’s operating lease business by offering customers access to cost effective aircraft financing solutions. Among operating lessors, ACG believes it has created a unique aircraft financing program that leverages its platform capabilities and strong credit profile to provide airline customers competitively priced financing for aircraft purchases. In addition to the benefits the program affords ACG’s customers, the AFS program provides improved risk-adjusted returns for lenders and capital providers. The AFS program was launched in March 2018.
Josh Gentner, Partner in SGR’s Global Transport Practice, led the ACG legal team in the ABC financing transaction and in the development of the AFS program.
About Aviation Capital Group
Aviation Capital Group is one of the world’s premier full-service aircraft asset managers with approximately 500 owned, managed and committed aircraft as of December 31, 2018, which are leased to approximately 90 airlines in approximately 45 countries. ACG was founded in 1989 and is an indirect majority-owned subsidiary of Pacific Life Insurance Company. To learn more, please visit www.aviationcapitalgroup.com.
About Smith, Gambrell & Russell, LLP
SGR is a full service, international law firm that advises regional, national and global businesses on a wide range of legal matters. The firm’s 250 attorneys provide legal counsel in more than 45 specialized practice areas, including corporate transactions, litigation, intellectual property, aviation, banking, real estate, construction, employment law, and employee benefits and executive compensation. Founded in 1893, SGR has offices in Atlanta, Austin, Jacksonville, London, Los Angeles, Miami, Munich, New York, Southampton, and Washington, D.C.