March 6, 2015

Doric adds new Boeing 747 to asset management portfolio

On March 5th, 2015, Doric added a Boeing 747-8F cargo plane to its asset management portfolio at Boeing‘s headquarters in Seattle, USA. The aircraft carries the manufacturer‘s serial number 35823 and is leased long-term to Cargolux Airlines International S.A. An innovative financing structure was used to fund the purchase of the freighter now on lease to Cargolux. Loans were provided by Landesbank Hessen-Thüringen Girozentrale (Helaba) and Deutsche Bank. Doric is providing long-term asset management on the investor side.

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