ACC Aviation Consultancy has successfully completed a number of aircraft transactions on behalf of Kam Air, the largest airline in Afghanistan.
ACC facilitated the acquisition of three ex-Southwest Airlines Boeing 737-300 aircraft for Kam Air, in line with the airline’s strategy to modernise and expand its existing narrowbody fleet. Accordingly, Kam Air has now retired its McDonnell Douglas MD-80 aircraft in favour of the relatively newer Boeing 737 Classics.
We also worked to secure an additional Airbus A340-300, the fourth in Kam Air’s fleet of A340s, which was acquired in response to robust international passenger demand.
Asset Manager, Ahmed Zafar, comments: “It has been our pleasure to partner with Kam Air on numerous projects over the years and being an integral part of the airline’s rapid growth.
We look forward to continuing our collaboration and assisting Kam Air in achieving their strategic objectives.”
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ACC Aviation, reports an exceptionally strong third quarter, with its US office experiencing its strongest three months in its short history.
The onset of the Covid-19 pandemic hit the aviation industry on the crest of a decade-long wave of growth. While the impact of the pandemic on aviation, aviation finance and investments cannot be understated, some of its consequences were in the making well before patient zero’s first cough in Wuhan, says Viktor Berta, ACC Aviation’s VP of Aviation Finance Advisory.
ACC Aviation reports positive growth in the second quarter of 2021, driven by US and UK Charter as well as steady growth in its consulting division.
ACC Aviation is expanding the expertise it offers to airlines, lenders and lessors with the addition of an in-house aviation finance specialist.
Environmental, Social and Governance (ESG) was trending pre-pandemic before Covid-19 overshadowed it and airlines put on hold new fleet decisions or deferred deliveries. However, as the industry starts to return it is expected to come back strong.
ACC Aviation reports a more than 20% year on year growth in the first quarter of 2021, despite the harsh impact on aviation brought about by the global pandemic. This follows a 200% year on year growth in charter sales in 2020.