HALO AirFinance will support the growth and development of Nauru Airlines worldwide while further establishing its presence as a trusted partner in the aviation finance sector.
HALO AirFinance, a joint venture between GA Telesis (GAT) and Tokyo Century Corporation (TC), has successfully closed financing for Nauru Airlines, the national carrier of the Republic of Nauru, enabling the acquisition of a Boeing 737-800SF freighter aircraft. Through strategic collaborations and a commitment to delivering comprehensive financing solutions, HALO AirFinance aims to support the growth and development of airlines worldwide while further establishing its presence as a trusted partner in the aviation finance sector.
Marc Cho, Co-Head and Managing Director, HALO said, “Nauru Airlines is a critical component of the economic infrastructure of the Republic of Nauru and the surrounding region, and we are thrilled to support the carrier’s fleet growth. Converted freighter aircraft will continue to be the primary source of aircraft replacement and expansion in the air cargo fleet, and HALO will continue to support the financing needs of a global market.”
HALO, launched earlier in 2023 by GA Telesis and Tokyo Century Corporation in partnership with InterVest Capital Partners, serves as a specialized lending platform focusing on secured debt solutions for airlines, lessors, and investors across a wide range of aircraft and engine types. The joint venture benefits from the combined expertise and capabilities of GAT and TC in aircraft financing, structuring, asset management, and technical capabilities.
Kieren Keke, Chairman, Nauru Airlines said, “Nauru Airlines welcomes the B737-800 converted freighter to its fleet of B737-300 converted freighters. The airline has grown steadily over the past 50 years, and the latest addition will allow Nauru Airlines to provide more ACMI and cargo services across Australia and the Pacific.”
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The successful financing arrangement for Nauru Airlines exemplifies HALO’s unique positioning in the aviation finance sector. By leveraging the extensive knowledge and resources of its parent companies, HALO is well-equipped to provide tailored financial solutions to meet the evolving needs of airlines, lessors, and investors in the aviation industry.
