TrueNoord, has successfully delivered two ATR 72-600 aircraft to TACV Cabo Verde Airlines. Provided on long-term operating leases, the turboprops will be based at Praia International Airport on Santiago Island and are the first ATR 72-600s to join the airline’s fleet. MSN 1512 arrived in Praia earlier this month, followed by the second aircraft, MSN […]
TrueNoord delivers two ATR 72-600 aircraft to Cabo Verde Airlines Read More »
De Havilland Aircraft of Canada announced the sale of an OEM-refurbished De Havilland Dash 8-400 aircraft to aircraft lessor TrueNoord. Following delivery, the aircraft will be placed on lease to Nexus Airlines, a growing regional carrier in Australia. Ryan DeBrusk, Vice-President of Sales and Marketing at De Havilland Canada, expressed the company’s satisfaction at expanding
De Havilland Canada sells refurbished Dash 8-400 to TrueNoord Read More »
TrueNoord, a regional aircraft leasing company, has expanded its Singapore team with the appointment of Leane Higgins as Technical Director for APAC (Asia-Pacific). Higgins brings more than 20 years of aviation industry experience to TrueNoord. She previously worked in the technical and legal departments at GECAS and most recently served as Assistant Vice President –
TrueNoord appoints Leane Higgins as Technical Director APAC Read More »
TrueNoord, the regional aircraft leasing specialist, has delivered a factory-new ATR42-600 aircraft to Afrijet Business Service, operating as FLYGABON, under a long-term lease agreement. This delivery completes Afrijet’s transition from older ATR-500 series aircraft to the latest generation of turboprops, making its ATR-600-series fleet the youngest of its kind in Africa. The aircraft is notable
Afrijet Business Service leaps to a greener future with new ATR42-600 Read More »
TrueNoord, a specialist regional aircraft leasing firm, has successfully upsized and syndicated a five-year Term Loan facility with BayernLB, solidifying their long-standing partnership. This latest transaction builds on earlier funding provided by BayernLB in 2023 and 2024 and introduces two new lenders to TrueNoord’s financing group—Airbus Bank GmbH and Hamburg Commercial Bank (HCOB). The expanded
TrueNoord expands financing facility and lender base Read More »
TrueNoord, the specialist regional aircraft leasing company, has appointed experienced aviation finance professional, Sean O’Riordan, to the newly created role of Strategic Planning & Analysis (SP&A) Manager. O’Riordan, who will be based in TrueNoord’s Dublin office, joins the company with over a decade of experience in aircraft leasing and finance, underpinned by a strong background
Sean O’Riordan joins TrueNoord as Strategic Planning & Analysis Manager Read More »
Specialist regional aircraft lessor TrueNoord has appointed aviation finance expert Florian van Vugt to the newly created role of Corporate Finance Manager. Based in TrueNoord’s Amsterdam office, Van Vugt will oversee debt structuring and refinancing activities while spearheading initiatives to diversify the company’s funding base. His responsibilities also include fostering long-term relationships with financial stakeholders
Florian van Vugt assumes new role of Corporate Finance Manager for TrueNoord Read More »
TrueNoord, the specialist regional aircraft lessor, has acquired a portfolio of seven ATR 72-600 turboprop aircraft from German asset manager GOAL Aircraft Leasing, acting on behalf of KGAL. This acquisition increases TrueNoord’s fleet to over 100 aircraft and introduces three new European lessee airlines into its portfolio. The newly integrated aircraft are leased to Air
TrueNoord acquires seven ATR 72-600 aircraft from GOAL Aircraft Leasing Read More »
TrueNoord, a specialist regional aircraft lessor, has leased two De Havilland Dash 8-400 aircraft to the Norwegian airline, Widerøe. The two 2013 vintage aircraft, MSN 4439/4448, are on operating lease and are part of TrueNoord’s latest portfolio acquisition from Nordic Aviation Capital. TrueNoord and Widerøe have shared a successful partnership in the past, characterised by
TrueNoord Leases Two De Havilland Dash 8-400s to Widerøe Read More »
Specialist regional aircraft lessor, TrueNoord, has secured a new five-year term loan with BayernLB. This term loan reinforces TrueNoord’s strong working relationship with the Bavarian and German financier, following the announcement of their first provision of capital to the lessor in April 2023, as part of a multi-lender term loan. The financing, which includes an
TrueNoord secures new term loan with BayernLB Read More »
