TrueNoord Archives

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

TrueNoord secures new Term Loan with Deutsche Bank

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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Included in the 11-aircraft deal are four Dash 8-400 aircraft © De Havilland

TrueNoord announces further portfolio trade for 11 aircraft with NAC

Aircraft & Engines

TrueNoord, a prominent player in regional aircraft leasing, has announced its latest portfolio trade involving 11 aircraft with Nordic Aviation Capital (NAC). The diverse aircraft portfolio includes four Dash 8-400s, three E175s and four E190s, contributing to TrueNoord’s growing fleet of new and young in-production turboprop and regional jets, now totaling 87 aircraft. The transaction

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TrueNoord expands team of industry professionals

People

Specialist regional aircraft lessor, TrueNoord, has announced two key appointments, further strengthening its existing team of industry professionals. A new addition to the Amsterdam office, Beata Stachowicz, has assumed the position of Transaction Manager, and Garret Dunne has joined as Risk Director, based in Dublin. Dunne joins TrueNoord from Dubai Aerospace Enterprise where he worked

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TrueNoord strengthens fleet with fourth Embraer E195-E2 delivery

Aircraft & Engines

Specialist regional aircraft lessor, TrueNoord, has recently taken delivery of its fourth Embraer E195-E2 at São José dos Campos in Brazil. This next-generation jet is part of a fleet of six E2s that will be leased to Canadian operator, Porter Airlines, with the fifth and sixth aircraft scheduled for delivery later in 2023. Anne-Bart Tieleman,

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TrueNoord finalises lease agreements with Breeze Airways

Aircraft & Engines

TrueNoord, the specialist regional aircraft lessor, has finalised operating lease agreements with Breeze Airways for three Embraer E190s. The aircraft (MSN 1900055, 1900070 and 1900132) are based in the U.S. and are already deployed across the Breeze Airways network which provides low-cost, non-stop routes to 35 underserved destinations across the U.S. They form part of

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TrueNoord has welcomed new lessee African airline Airlink

TrueNoord completes novation of two E190AR aircraft on lease to Airlink

Aircraft & Engines

Specialist regional aircraft lessor TrueNoord has successfully completed the novation (the substitution of a new contract in place of an old one) of two YoM 2008 Embraer E190AR aircraft on long-term operating lease to Airlink (Pty) Limited. These assets are part of TrueNoord’s recent portfolio acquisition of ten aircraft from Nordic Aviation Capital (NAC), which

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TrueNoord has secured a US$275 million Term Loan

TrueNoord closes US$275 million Term Loan to support balanced growth trajectory

Financial

TrueNoord has successfully closed a new five-year Term Loan of US$275 million (£220 million). The facility will be used by the specialist regional aircraft lessor to expand its existing group of aircraft assets and to finance a well-diversified portfolio of 31 owned regional jet and turboprop aircraft currently on lease to 13 different airline customers

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TrueNoord leases six Embraer E170 to Republic Airways

Uncategorized

Republic Airways, the regional airline operating services under the names American Eagle, Delta Connection and United Express in the U.S., has leased six Embraer 170s from TrueNoord, the specialist regional aircraft lessor. These aircraft have been in operation with Republic Airways since 2005 and have now been purchased by TrueNoord with leases attached from GA

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TrueNoord secures new Term Loan with Deutsche Bank

TrueNoord leases two E175 jets to Air Canada

TrueNoord welcomes new industry specialists to Amsterdam team

TrueNoord announces further portfolio trade for 11 aircraft with NAC

TrueNoord expands team of industry professionals

TrueNoord strengthens fleet with fourth Embraer E195-E2 delivery

TrueNoord finalises lease agreements with Breeze Airways

TrueNoord completes novation of two E190AR aircraft on lease to Airlink

TrueNoord closes US$275 million Term Loan to support balanced growth trajectory

TrueNoord leases six Embraer E170 to Republic Airways

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