TrueNoord Archives

TrueNoord expands financing facility and lender base

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 […]

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Sean O’Riordan joins TrueNoord as Strategic Planning & Analysis Manager

People

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

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Florian van Vugt assumes new role of Corporate Finance Manager for TrueNoord

People

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

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TrueNoord has purchased a portfolio of seven ATR 72-600 aircraft from GOAL Aircraft Leasing

TrueNoord acquires seven ATR 72-600 aircraft from GOAL Aircraft Leasing

Aircraft & Engines

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

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TrueNoord leases two Dash 8-400s to Widerøe TrueNoord

TrueNoord Leases Two De Havilland Dash 8-400s to Widerøe

Aircraft & Engines

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

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TrueNoord secures new term loan with BayernLB

Financial

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

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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, Top Stories

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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TrueNoord, has secured a new Term Loan with Deutsche Bank © TrueNoord

TrueNoord secures new Term Loan with Deutsche Bank

Financial

Specialist regional aircraft lessor, TrueNoord, has finalised a new Term Loan agreement with Deutsche Bank. The financing arrangement is aimed at bolstering TrueNoord’s ongoing business expansion initiatives and fleet enlargement, while also marking the addition of Deutsche Bank as a valued banking partner. Legal counsel Clifford Chance represented TrueNoord, while Milbank acted on behalf of

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The new E175 jets will be deployed across the Air Canada Express network © TrueNoord

TrueNoord leases two E175 jets to Air Canada

Aircraft & Engines

Specialist regional aircraft lessor TrueNoord has purchased two Embraer E175 jets on lease with Air Canada. The recent closing of this transaction marks the completion of TrueNoord’s acquisition of ten Embraer aircraft from Nordic Aviation Capital (NAC), first announced in January 2023. The aircraft are already deployed across the Air Canada Express network which flies

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Shaun Fullerton (top-l), Ian Tyrrell (top-r), Jovana Zuber Timotijevic and David Joyce © TrueNoord

TrueNoord welcomes new industry specialists to Amsterdam team

People

Specialist regional aircraft lessor TrueNoord, has announced four new appointments, further strengthening its existing team of industry specialists. A new addition to the Dublin office, Shaun Fullerton, has assumed the position of Technical Manager, with Ian Tyrrell – Financial Controller, Jovana Zuber Timotijević – Finance Manager and David Joyce – Finance Manager, all joining the

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TrueNoord expands financing facility and lender base

Sean O’Riordan joins TrueNoord as Strategic Planning & Analysis Manager

Florian van Vugt assumes new role of Corporate Finance Manager for TrueNoord

TrueNoord acquires seven ATR 72-600 aircraft from GOAL Aircraft Leasing

TrueNoord Leases Two De Havilland Dash 8-400s to Widerøe

TrueNoord secures new term loan with BayernLB

TrueNoord strengthens fleet with eight-aircraft sales agreement with NAC

TrueNoord secures new Term Loan with Deutsche Bank

TrueNoord leases two E175 jets to Air Canada

TrueNoord welcomes new industry specialists to Amsterdam team

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