Falko Regional Aircraft (Falko) has released that on behalf of its investors, it has taken delivery of its fifth Embraer E195-E2. The aircraft is the final delivery in a five aircraft sale and leaseback transaction with Porter Airlines.
“We are delighted to conclude this transaction with Porter, a new customer to Falko Regional Aircraft, as well as adding these five new Embraer E2 aircraft to our portfolio. We look forward to a long partnership with Porter as they expand their business with new technology aircraft,” said Mark Hughes, Chief Commercial Officer at Falko Regional Aircraft. “This deal marks our first investment into Embraer’s next-generation aircraft and a further expansion of our business in North America, the world’s most significant market for regional and small narrow-body aircraft.”
Falko Regional Aircraft is one of the world’s largest asset manager and aircraft lessors focused solely on the regional aircraft leasing segment. Falko’s strategy is focused on growing its portfolio of funds and aircraft under management and the continued development of products and services in support of its aircraft lease management activity.
Falko was formed in July 2011 through the purchase of BAE Systems Asset Management and its associated aircraft portfolio. In May 2022, Chorus Aviation completed the acquisition of Falko and equity interests in aircraft managed by Falko. Headquartered in Halifax, Nova Scotia, Chorus is an integrated provider of regional aviation solutions, including asset management services.
