Danish provider of turboprops secures financing
Denmark’s Nordic Aviation Capital reports that it has secured financing from Deutsche Bank and KfW IPEX-Bank so that it can buy five ATR 72-600 aircraft.
The company, which describes itself as the biggest provider of turboprop aircraft leasing in the world, with a fleet of 160 planes and 30 customers in 20 countries, says that the twin turboprops are subject to a sale-and-leaseback arrangement with the Spanish regional carrier Air Nostrum. The aircraft will be delivered from now until July.
[pictured: ATR 42-500 and ATR 72-500; courtesy ATR]