NAC Archives

DAE completes US$2 billion acquisition of Nordic Aviation Capital

Dubai Aerospace Enterprise (DAE) has officially completed its acquisition of Nordic Aviation Capital (NAC), including all its consolidated subsidiaries, from NAC Holdings Limited. The deal, which was first announced in January 2025, has an enterprise value of approximately US$2 billion and significantly expands DAE’s global footprint in the aircraft leasing industry. Following the acquisition, DAE’s […]

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DAE has agreed to acquire 100% of Nordic Aviation Capital

DAE signs agreement to acquire NAC

Financial

Dubai Aerospace Enterprise (DAE) has announced the signing of a definitive agreement to acquire 100% of the Nordic Aviation Capital group (NAC), an aircraft leasing company established over 30 years ago. Financial terms of the transaction were not disclosed. As of September 2024, NAC’s fleet consisted of 252 owned and committed assets leased to around

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Falko has acquired four Embraer E190 aircraft from NAC, on lease to Royal Air Maroc

Falko completes aircraft portfolio transaction with NAC

Aircraft & Engines

Falco has successfully finalised an aircraft portfolio transaction with Nordic Aviation Capital (NAC), acquiring four Embraer E190 aircraft on lease to Moroccan national carrier, Royal Air Maroc. This acquisition concludes the previously announced portfolio deal with NAC and expands Falko’s fleet of E-Jet aircraft, which now totals 94, solidifying its position as one of the

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Falko has acquired a portfolio of 11 E-Jets, leased to LOT

Falko acquires E-Jet portfolio of 11 aircraft from NAC

Aircraft & Engines

Falko Regional Aircraft Limited (Falko), the asset manager and lessor dedicated to regional aircraft, has acquired eleven Embraer E-Jet aircraft from Nordic Aviation Capital (NAC) under a sale and purchase agreement signed in March. This acquisition includes a mix of E175, E190 and E195 models currently leased to LOT Polish Airlines, Poland’s national carrier. Mark

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Jennifer Creevey will become the new Deputy CEO of Nordic Aviation Capital

Nordic Aviation Capital promotes Jennifer Creevey to Deputy CEO

People

Nordic Aviation Capital (NAC) has announced the promotion of Jennifer Creevey to Deputy CEO, effective September 9. Creevey, who has served as NAC’s Chief Financial Officer (CFO) since May 2023, will continue to oversee Finance and IT, while reporting directly to the CEO. Her promotion comes as part of NAC’s strategic efforts to bolster its

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Binter Canarias has ordered four ATR 72-600 aircraft from manufacturer ATR

Fiji Airways signs lease agreement for three ATR 72-600s

Aircraft & Engines

Nordic Aviation Capital (NAC) has announced the successful execution of a lease agreement for three ATR 72-600 aircraft with Fiji Airways. The aircraft are from NAC’s orderbook with ATR. Fiji Airways, the national carrier of Fiji, operates international flights from its hubs in Nadi, Fiji, to 13 countries and 24 cities worldwide. The airline was

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NAC has sold two ATR 72-600s to DAT © ATR

NAC confirms sale agreements with DAT and Regional One

Aircraft & Engines

Nordic Aviation Capital (NAC) has executed a sale agreement for two ATR 72-600s with DAT. DAT A/S, formerly named Danish Air Transport, is a Danish airline headquartered in Vamdrup, Kolding, operating 23 aircraft on scheduled regional flights from Northern Norway to Lampedusa in the Mediterranean. Additionally, it provides ACMI services on ATR and Airbus aircraft

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Representatives from NAC and CFM International © NAC

NAC orders ten LEAP-1A engines for Airbus A321neo fleet

Aircraft & Engines

Lessor Nordic Aviation Capital (NAC) has placed an order for ten LEAP-1A engines to power five Airbus A321neo-family aircraft. The agreement also includes options for two additional LEAP-powered A321neo-family aircraft. Norman C.T. Liu, President and CEO of NAC, commented, “We are pleased to sign our first direct order with CFM, further strengthening our relationship with

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TrueNoord has finalised a sale agreement for an additional eight aircraft with Nordic Aviation Capital (NAC) © TrueNoord

TrueNoord strengthens fleet with eight-aircraft sales agreement with NAC

Aircraft & Engines

Specialist regional aircraft lessor TrueNoord has finalised a sales agreement for an additional eight aircraft with Nordic Aviation Capital (NAC). This portfolio of aircraft, comprising one Dash 8-400 and seven E190s, will expand TrueNoord’s fleet of new and young in-production turboprop and regional jets to 94 aircraft. The transaction encompasses four aircraft operating in the

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NAC posts full-year 2023 net income of US$72 million

Financial

Nordic Aviation Capital (NAC) has released its annual financials for the year ended December 31, 2023. Key highlights include a net income of US$72 million, total available liquidity of US$856 million, and total assets of US$3.8 billion at year-end. The net debt stood at US$1.85 billion, with book equity reaching US$736 million. NAC owns 270

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DAE completes US$2 billion acquisition of Nordic Aviation Capital

DAE signs agreement to acquire NAC

Falko completes aircraft portfolio transaction with NAC

Falko acquires E-Jet portfolio of 11 aircraft from NAC

Nordic Aviation Capital promotes Jennifer Creevey to Deputy CEO

Fiji Airways signs lease agreement for three ATR 72-600s

NAC confirms sale agreements with DAT and Regional One

NAC orders ten LEAP-1A engines for Airbus A321neo fleet

TrueNoord strengthens fleet with eight-aircraft sales agreement with NAC

NAC posts full-year 2023 net income of US$72 million

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