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Canada's Magazine for Financing & Leasing Executives
 
 

June 9, 2014

Element provides $100MM aircraft financing for CargoJet

U.S. – Element Financial will finance three Boeing 767-300ER freighter aircraft for CargoJet, a Canadian-based provider of time sensitive overnight air cargo services. This will provide the supplier of air cargo services with additional capacity to support its growing client base. “Cargojet has established a dominant market position in Canada servicing long-term contracts for high quality clients,” says Tony Bergeron, president of Element Aviation Finance. “This transaction fits perfectly within Element’s aviation portfolio providing exceptional credit quality as well as additional diversification both by region and by customer type.”

 

 


 

 

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