SEATTLE, Jan. 28, 2008 -- Deucalion Capital VII Limited ("Deucalion"), a company advised and managed by DVB Bank AG, has purchased eight Boeing 777 Freighters for lease to AeroLogic, a new joint venture airline formed by Lufthansa Cargo and DHL Express. Deucalion will lease the freighters to AeroLogic, the joint venture first announced by Lufthansa Cargo and DHL Express last year, for cargo services on European-Asian routes.
AeroLogic will operate out of Leipzig, Germany. "The 777 Freighter's twin-engine fuel efficiency, low noise and overall capability are perfectly suited for our new cargo service out of Leipzig," said AeroLogic Managing Director Dr. Thomas Papke. "Its combination of long range and maximum payload make it a highly economical and profitable freighter. I can't imagine another freighter that would work as well as the 777 Freighter in meeting our demanding environmental and performance targets."
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