STAMFORD, Conn.--(BUSINESS WIRE)--Intrepid Aviation announced today the acquisition of a new 747-8 Freighter (747-8F) from the Boeing Company on September 15. The aircraft was placed on long-term lease with AirBridgeCargo Airlines (ABC), a part of the Volga-Dnepr Group, and one of the world’s leading air freight operators.
This is the second of two new 747-8F aircraft that Intrepid acquired from Boeing and leased to ABC this year. Distinguished by its nose loading capability, the 747-8F is a unique aircraft that will play a central role in the global logistics and supply chain for decades to come.
The delivery is in keeping with ABC’s plan to become an all-B747-8 Freighter operator over the next several years. The aircraft will enter service with ABC as it enjoys a very strong growth trajectory in 2017, with year-on-year cargo volume up over 15% through July.
ABOUT INTREPID AVIATION
Intrepid Aviation is a privately held commercial aircraft lessor. Intrepid and its team of experienced professionals invest in and manage a fleet of modern, in demand commercial jet aircraft on long-term lease to airline customers worldwide. Intrepid is headquartered in Stamford with offices in Dublin and Singapore.
ABOUT INTREPID AVIATION’S SHAREHOLDERS, RESERVOIR CAPITAL & CENTERBRIDGE PARTNERS
Reservoir Capital Group LLC. was established in 1998 as a privately held investment firm with a flexible, opportunistic investment approach and has over $5 billion in assets under management. Centerbridge Partners, LP is a private investment firm headquartered in New York City with approximately $25 billion in capital under management.
For more information on Intrepid Aviation, www.intrepidaviation.com