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 […]
DAE signs agreement to acquire NAC Read More »
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
Falko completes aircraft portfolio transaction with NAC Read More »
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
Falko acquires E-Jet portfolio of 11 aircraft from NAC Read More »
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
Nordic Aviation Capital promotes Jennifer Creevey to Deputy CEO Read More »
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
Fiji Airways signs lease agreement for three ATR 72-600s Read More »
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
NAC confirms sale agreements with DAT and Regional One Read More »
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
NAC orders ten LEAP-1A engines for Airbus A321neo fleet Read More »
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
TrueNoord strengthens fleet with eight-aircraft sales agreement with NAC Read More »
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
NAC posts full-year 2023 net income of US$72 million Read More »
Regional aircraft lessor Nordic Aviation Capital (NAC) and ATR, the regional aircraft manufacturer, have jointly announced the successful delivery of the first new ATR 72-600 to Uzbekistan’s airline Silk Avia. This historic milestone marks the commencement of a new era for regional connectivity in Central Asia. The ATR 72-600, part of an order announced in
NAC and ATR confirm inaugural delivery of ATR 72-600 to Silk Avia Read More »
