Falko Regional Aircraft Limited (Falko), the asset manager and aircraft lessor focused solely on the regional aircraft sector, has purchased two Embraer E190 aircraft leased to South African regional carrier, Airlink.
The aircraft, with MSN 19000202 and MSN 19000265, were acquired from Nordic Aviation Capital (NAC) as part of the previously announced twenty-four E-Jet portfolio acquisition with the lessor. The aircraft have been acquired for Falko managed fund, Falko Regional Aircraft Opportunities Fund II (Fund II).
Commenting on the acquisition, Mark Hughes, Falko’s Chief Commercial Officer, stated, “We are delighted to close the two E190 aircraft, marking the first closing of the twenty-four aircraft deal with NAC. The acquisition of the two E190s increases Fund II’s fleet to 66 and further underpins our longstanding relationship with Airlink, one of the leading airlines in Africa and a long-term Falko customer. We would like to extend our thanks to the teams at NAC and Airlink for their support in closing out this deal, and we look forward to working with NAC on the remaining closings.”
Falko was formed in July 2011 through the purchase of BAE Systems Asset Management and its associated aircraft portfolio. Falko is a wholly-owned subsidiary of Chorus Aviation Inc., a company listed on the Toronto Stock Exchange (Symbol: CHR) and headquartered in Halifax, Nova Scotia, Canada.
