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Cargo Newswire

AeroTransCargo Secures Strategic Loan for Engine Acquisition   

Devender Grover by Devender Grover
July 28, 2025
in Freighter Operator
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AeroTransCargo Secures Strategic Loan for Engine Acquisition   
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Moldova-based freighter operator AeroTransCargo (ATC), a subsidiary of the Air One International Group, has secured a senior-term loan facility to fund key strategic initiatives, including engine procurement, aircraft refurbishment, and the integration of additional aircraft into its fleet.

The financial terms of the deal have not been disclosed, but ATC confirmed the funds will be directed towards the acquisition and refurbishment of engines for its Boeing 747-400 freighter fleet, as well as covering start-up costs for newly introduced aircraft.

The facility was arranged through HALO AirFinance, a joint venture between aviation finance specialists GA Telesis and Tokyo Century Corporation.

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“As part of the wider Air One network, we are committed to building a scalable and sustainable cargo platform, supported by strategic partners who understand the value we bring to the global air cargo market and the stakeholders who rely on widebody freighter capacity,” said Guneet Mirchandani, chairman of AeroTransCargo.

He added, “We are proud to have earned the trust and support of HALO AirFinance, which reflects not only our growth performance but also their confidence in our long-term vision, strategy, and operational resilience.”

HALO AirFinance’s co-head and managing director, Marc Cho noted: “This financing underscores HALO’s mandate to deliver customised capital solutions across the aviation lifecycle. We are pleased to support a leading cargo operator and look forward to continuing to expand our reach across global markets.”

AeroTransCargo currently operates a fleet of five Boeing 747-400 freighters, with an additional six aircraft leased to sister carriers One Air and RomCargo Airlines. Air One International Group, ATC’s parent company, maintains offices in London, the UAE, and Hong Kong, and has executed over 3,750 full-charter operations in the past five years—transporting more than 345,000 tonnes of cargo to over 100 global destinations.

UK-based One Air, also part of the group, announced plans last year to expand its fleet with the addition of Boeing 777 freighters, as part of the group’s ongoing expansion in long-haul cargo capacity.

Tags: aerospace investment.AeroTransCargoAeroTransCargo loanair cargo fleetaircraft engine loanaircraft leasingaircraft maintenanceairline expansionAviation Businessaviation enginesaviation financeaviation growthaviation industry newsaviation strategycargo airline investmentengine acquisitionengine financingfreight aviationglobal cargo operationsstrategic funding
Devender Grover

Devender Grover

Devender was born in the year when the Beatles Group was formed. He holds two master’s degrees in English Literature and Public Administration. He also has an Honors degree in English Literature and a post-graduate diploma in Corporate Communications and Public Relations. He was closely associated with the Indian State Transport Undertakings and Ministry of Transport in his role as Corporate Communications and PR specialist for over two decades handling domestic and international organizations. He ventured into business forming his own Media House, Profiles Media Network Private Limited which is now a twenty years old company. Excelling as an editor, Marketing, PR, Anchor, and Advertising specialist, he is now expertly navigating the world of social media. A widely traveled professional internationally, Devender has a deep understanding of the Air Cargo, Cargo Business, Cargo Airports, Freighters and Cargo Industry at large.

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