Aircraft Finance Germany’s Andriof joins Cargo Facts EMEA 2024
Joerg Andriof, Aircraft Finance Germany’s chief investment officer, will join Cargo Facts EMEA 2024 for the panel discussion “Freighter finance and leasing: To lease or to purchase?” on Tuesday, Feb. 6, at 11:15 a.m. (GMT +1).
The sixth annual Cargo Facts EMEA event takes place Feb. 5-7 at the Hilton Amsterdam, where industry leaders will gather to share their outlook on the air cargo sector in Europe, the Middle East and Africa.
View the full event agenda.
Andriof has been chief investment officer at AFG since last January. He brings more than twenty-one years of industry experience, including serving as chief operating officer at Titan Aviation Leasing, senior vice president of global management at DHL and director at Lufthansa.
AFG has been active in the widebody segment over the past couple of years and ventured into the narrowbody freighter market in September 2022 when it acquired its first 757-200F from ASL Aviation Holdings and sold the aircraft to Georgia-based Geo Sky.
The lessor acquired an A330-200 in mid-2022 as feedstock for conversion after acquiring two ex-Saudia 747-8Fs in 2021 on behalf of China-based aviation conglomerate Hongyuan Group. Air Belgium began operating the quad-engine widebody freighters on a CMI basis in 2022.
“AFG believes that there will be continuous growth in the freighter market, despite some current challenges in the narrowbody segment,” Andriof told Cargo Facts. “We continue to invest in freighters and support operators to find the best financing solution.”
Cargo Facts EMEA 2024 will provide attendees with an overview of the pivotal events that shaped the industry in the past year while analyzing market conditions, trends and new developments.