Posted: 12/09/19
Aerotask aviation consultancy, part of ACC Aviation Group, has successfully completed a number of aircraft transactions on behalf of Kam Air, the largest airline in Afghanistan.
Aerotask facilitated the acquisition of three ex-Southwest Airlines Boeing 737-300 aircraft for Kam Air, in line with the airline’s strategy to modernize and expand its existing narrowbody fleet. Accordingly, Kam Air has now retired its McDonnell Douglas MD-80 aircraft in favor of the relatively newer Boeing 737 Classics.
Aerotask has 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.”
If you would like information on how ACC Aviation Group and Aerotask can help your business, speak with one of our experienced aviation consultants today on +971 4 250 0373 or email aerotask@accaviation.com.
Related
ACC Aviation highlights strong second quarter 2021
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 Moves into Aviation Finance Advisory
ACC Aviation is expanding the expertise it offers to airlines, lenders and lessors with the addition of an in-house aviation finance specialist.
ESG Investing & Why It’s Important in Aviation Deal-Making
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 highlights strong first quarter
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.
The Rise of ESG in Aviation Financing Transactions
ACC’s Director of Consulting, Rob Watts, reflects on the rise of sustainable investing, the growing importance of ESG in aviation financing and the implications for airlines and investors.
Supporting Airlines Through COVID-19 Part 3: Access to Capital
While the effects of the coronavirus pandemic are still being felt around the world, airlines must effectively manage their assets, operations and cash flow to ensure sustainability and, ultimately, long-term business success. In the third and final instalment of this three-part series, we explore options for airlines looking to raise additional capital to secure longevity, during and after COVID-19.
