Nordic Aviation Capital orders four Bombardier Q400 NextGen airliners

Nordic Aviation Capital A/S (NAC) of Billund, Denmark has signed a firm purchase agreement to acquire four Q400 NextGen airliners. Based on the list price of the Q400 NextGen airliner, the contract is valued at approximately US$134.77m. The four aircraft will be operated by airBaltic of Riga, Latvia and will join eight Q400 NextGen airliners ordered directly from Bombardier as the airline transitions to an all-Bombardier fleet.
Other recent transactions undertaken by NAC and involving Bombardier’s commercial aircraft include: the sale and leaseback of 10 Q400 aircraft to Marfin Investment Group for operation by Olympic Air; the sale and leaseback of eight Q400 NextGen airliners delivered to Eurolot of Poland; and the purchase of 12 CRJ1000 NextGen regional jets to be operated by Garuda Indonesia.