Nordic aircraft lessor in big expansion

Nordic Aviation Capital to buy Irish competitor
Aircraft leasing company Nordic Aviation Capital revealed on Friday that it had agreed to buy Irish competitor Aldus Aviation, which manages a fleet of 30 jets. No financial details have been disclosed.
Based in Billund, Denmark, Nordic Aviation Capital is the world’s biggest turboprop lessor. It recently announced it would expand into regional jet leasing with the purchase of another leasing company Jetscape.
Following the new takeover, NAC’s combined fleet will be 294, with a further 48 managed. On top of that, it has ordered a further 74 aircraft. A private equity firm, EQT, bought a majority stake in Nordic Aviation Capital last August.
Reuters

x

Check Also

Nordica, Estonia, LOT, Polish, Warsaw, Gothenburg, flight, travel, new, Tallinn, times

Nordica builds strategic partnership with LOT

Estonian flag carrier ends cooperation with Adria

MRJ, mitsubishi, aircraft, ANA, launch, delay

MRJ delivery delayed to mid-2020

Original delivery of first aircraft had aimed at early 2014

cimber, sas, copenhagen, CRJ, CityJet, sale, deal, agreement, wet lease

SAS enters deal to sell Cimber

Agreement also covers sale of 11 CRJ900s

SAS, ATR, Nordica, operator, wet lease, leasing, deal, estonia, Regional Jet

SAS finds new regional operator

Tallinn-based Regional Jet is replacement for Jet Time

SAS, 2017, base, Europe, outside, Scandinavia, Leisure, cost cuts, labour costs, Gustafson

SAS to wet lease eight new Bombardier jets

Agreements with Cityjet for wet lease and sale of Blue1

Mitsubishi MRJ, flight test, Grant County International Airport, Moses Lake, ANA, Washington,

New aircraft types hunt for European airlines

Mitsubishi’s MRJ, Russia’s Superjets, CSeries CS100