Falko Acquires Eleven Aircraft from NAC
Falko Regional Aircraft Limited (Falko), the world’s largest asset manager and aircraft lessor focused solely on the regional aircraft sector, is pleased to announce the acquisition of eleven (11) Embraer E-Jet aircraft from Nordic Aviation Capital (NAC), as part of the sale and purchase agreement signed with the lessor in March. The aircraft, a mixture of E175, E190 and E195s aircraft types are on lease to Poland’s flag carrier, LOT Polish Airlines (LOT).
“We are pleased to announce the successful closing of the recent set of novations with NAC, with eighteen aircraft from this portfolio now completed and acquired for Falko managed fund, Falko Regional Aircraft Opportunities Fund II (Fund II),” comments Mark Hughes, Falko’s Chief Commercial Officer. “The transaction increases the number of aircraft Falko now leases to LOT under its managed fleet to sixteen, all E-Jets, and makes LOT one of Falko’s most significant European customers. The E-Jet plays a key role in LOT’s regional operations across central Europe where the airline has established itself as a leading airline in the region by frequency. We would like to extend our thanks to LOT for their assistance with the novations and to the NAC team for their continued support with the closing of the wider aircraft portfolio.”