Category Archives: Nordic Aviation Capital-NAC

Nordic Aviation Capital orders 20 A220 Family aircraft

Nordic Aviation Capital (NAC), the industry’s number one regional aircraft lessor has signed a Memorandum of Understanding (MOU) for 20 A220 Family aircraft. The deal was signed at the Paris Air Show between Martin Møller, NAC Chairman and Christian Scherer, Airbus Chief Commercial Officer.

NAC serves over 76 well established airline customers in 51 countries. The agreement represents the first major order for the A220 from a leading regional lessor confirming the versatility of the aircraft to support mainline and regional airline network expansion.

The A220 is the only aircraft purpose built for the 100-150 seat market; it delivers unbeatable fuel efficiency and widebody passenger comfort in a single-aisle aircraft. The A220 brings together state-of-the-art aerodynamics, advanced materials and Pratt & Whitney’s latest-generation PW1500G geared turbofan engines to offer at least 20 percent lower fuel burn per seat compared to previous generation aircraft. The A220 offers the performance of larger single-aisle aircraft.

With an order book of 536 aircraft at the end of May 2019, the A220 has all the credentials to win the lion’s share of the 100- to 150-seat aircraft market estimated to represent at least 7,000 aircraft over the next 20 years.

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Embraer signs a Letter of Intent with NAC for three E190 jets

Embraer ERJ 190-400STD (E195-E2) PR-ZIQ (msn 19020041) FLL (Bruce Drum). Image: 104598.

Embraer announced on July 17, at the Farnborough Airshow 2018, that it has signed a Letter of Intent (LoI) with Nordic Aviation Capital (NAC) for three E190 aircraft. The deal has an estimated value of USD 156 million, based on Embraer’s list prices. The order will be included in Embraer’s backlog as soon as it becomes firm.

These new aircraft will join the existing 134 E-Jets currently owned by NAC.

Embraer is the world’s leading manufacturer of commercial jets up to 150 seats. The Company has 100 customers from all over the world operating the ERJ and E-Jet families of aircraft.

For the E-Jets program alone, Embraer has logged more than 1,800 orders and 1,400 deliveries, redefining the traditional concept of regional aircraft.

Top Copyright Photo (all others by Embraer): Embraer ERJ 190-400STD (E195-E2) PR-ZIQ (msn 19020041) FLL (Bruce Drum). Image: 104598.

NAC orders 15 additional ATR aircraft for Silver Airways

Nordic Aviation Capital (NAC) is pleased to confirm that it has placed a firm order with ATR for 15 additional -600 series aircraft. The aircraft order, which marks NAC’s fourth with ATR since 2011, is particularly significant given that it commemorates the 100th new aircraft order that NAC has placed with the world’s leading regional aircraft manufacturer. It is further testament to the lessor’s commitment to strengthening its position as the global leader in the regional aircraft leasing space.

The purchase from ATR comprises 15 aircraft, 12 ATR 42-600s and three ATR 72-600s. These aircraft will be placed with Silver Airways, along with four 42-600’s and one 72-600 from NAC’s current orderbook. The first aircraft is due to deliver to Silver Airways in March 2018 with the remainder expected to deliver through to 2020. This order will bring NAC’s ATR fleet to over 200 aircraft and establishes NAC’s orderbook as the largest placed with any manufacturer to date.

NAC is delighted to include Silver Airways as a key member of its growing customer base and to further bolster the global footprint of its fleet. The brand-new ATR -600s will replace Silver Airways’ existing fleet of 21 Saab 340B turboprops while increasing the frequency of main routes and opening new air services to destinations in Florida, the southern United States and Caribbean. The advanced cockpit technology and new ergonomic design make it the prime choice for passengers and pilots of the airline.

Image: ATR and Silver Airways.

Nordic Aviation Capital signs order for 25 ATR 42-600s + 50 options

NAC-Nordic Aviation Capital logo

Nordic Aviation Capital (NAC), the largest regional aircraft trading and leasing company with the world’s biggest ATR fleet, has signed a total order for 75 ATR 42-600 aircraft, in a deal valued at over $1.55 billion. Deliveries will commence in 2015 through to 2020. By confirming this order for new ATR 42-600s – which includes 25 firm orders and 50 options for the type – NAC is once again demonstrating its full confidence in ATR – and this time, the smaller 50-seater ATR 42-600 series, in response to operator demand and recognizing that the replacement market for sub 50-seat turboprops is very under-served. The order builds on NAC’s long relationship with ATR and its ongoing success with regional airline operators worldwide.

Nordic Aviation Capital signs for 75 ATR 42-600 aircraft

NAC-Nordic Aviation Capital logo

Nordic Aviation Capital (NAC), the largest regional aircraft trading and leasing company with the world’s biggest ATR fleet, has signed a total order for 75 ATR 42-600 aircraft, in a deal valued at over US$1.55 billion. Deliveries will commence in 2015 through to 2020. By confirming this order for new ATR 42-600s – which includes 25 firm orders and 50 options for the type – NAC is once again demonstrating its full confidence in ATR – and this time, the smaller 50-seater ATR 42-600 series, in response to operator demand and recognizing that the replacement market for sub 50-seat turboprops is very under-served. The order builds on NAC’s long relationship with ATR and its ongoing success with regional airline operators worldwide.

With this new order, totaling 75 aircraft, signed today at a special ceremony at the 2014 Farnborough Airshow, NAC solidifies its position as ATR’s largest customer.

This landmark ATR order comes just one year after NAC signed an order for up to 90 ATR aircraft, a contract worth a total $2.1 billion at the Paris Air Show. This was followed by an add on order worth a total of  $820 million of up to 35 ATR 600 series aircraft, announced during the ERA General Assembly in October 2013. Taking all NAC’s commitments (firm and options) into account the figure now rises to well over 200 new aircraft, as this major European lessor continues to expand its fleet to meet the need for short-haul turboprops, servicing the world’s growing regional aircraft fleet.

Nordic Aviation Capital orders 30 ATR 72-600s and five ATR 42-600s

NAC-Nordic Aviation Capital logo

Nordic Aviation Capital (NAC) has signed a historic agreement today for the sale of 90 ATRs, including 30 firm ATR 72-600s and five ATR 42-600s. NAC is a Dutch aircraft leasing company.

NAC, which has signed several orders for new ATRs over the past three years, already has the largest fleet of ATRs in the world with over hundred aircraft. With the progressive arrival of the 30 additional ATR 72-600s and 5 ATR 42-600s into its fleet, NAC’s ATR portfolio will exceed 150 aircraft by 2016.

 

Nordic Aviation Capital orders 10 ATR 72-600s

Nordic Aviation Capital (NAC) (Denmark) has ordered 10 ATR 72-600s and also secured 10 options.

According to the company, NAC is the largest provider of turboprop aircraft leasing in the world. NAC’s fleet of 160 aircraft also includes a large portfolio of jet aircraft. NAC currently serve 30 customers in 20 countries.