Falko Regional Aircraft (Falko), a market leading aircraft operating leasing and asset management company focused on the regional aircraft sector, has reached an agreement with Avolon in relation to the acquisition of 49 regional jet aircraft (the portfolio).
The Portfolio includes twenty-eight Embraer EJet and twenty-one Bombardier CRJ aircraft on lease to nine operators worldwide. The Portfolio has an appraised current market value in excess of US$1 billion.
“We are delighted to have finalised another deal with Avolon. This acquisition is a major step forward in the development of Falko and will expand our portfolio to over 120 regional jets and turboprops. Falko is now one of the world's foremost aircraft operating lease companies focused on the regional aircraft sector and we believe this deal is reflective of our market leading position.” said Mark Hughes, Chief Commercial Officer, Falko Regional Aircraft Limited.