Nordic Aviation Capital (NAC) has entered into an agreement with BeauTech Power Systems (BeauTech) for the purchase of 25 Embraer E190 aircraft which BeauTech has arranged to purchase from Air Canada.
The 25 aircraft have short lease back periods with Air Canada over the forthcoming 18 months. This transaction serves to further establish NAC's position as one of the largest lessors in the regional jet and turboprop sector.
With the downstream acquisition of certain of the aircraft following their lease return, this deal also strengthens BeauTech's position as a premier regional jet engine lessor, with one of the largest portfolios of CF34 lease engines in the global market.
BeauTech Power Systems leases regional and narrowbody commercial aircraft engines to airlines, OEMs and Maintenance Repair and Overhaul (MRO) service providers worldwide. Based in Dallas, Texas, BeauTech specializes in CF34 and CFM56 engines and its lease portfolio includes all CF34 engine model variants operated on the CRJ and E-Jet platforms.
