Falko Regional Aircraft Limited (Falko), a market leading aircraft operating leasing and asset management company focused on the regional aircraft sector has provided a summary of its Q3 2021 market activity.
In Q3 2021, Falko signed agreements relating to the acquisition of 14 regional aircraft with 7 delivered during the quarter, 4 aircraft were sold and lease agreements or extensions were signed relating to 13 aircraft. A further ATR simulator was acquired in Europe. In addition, Falko signed LOIs relating to the lease of 12 Embraer EJet aircraft with 3 separate airline customers in Europe and North America. As at 30 September 2021, Falko’s portfolio totaled 124 aircraft on lease to 22 customers worldwide.
Aircraft acquisitions focused on Embraer regional jets and ATR72 turboprop aircraft including a previously announced transaction with Indigo.
Commenting on the quarter’s activity, Mark Hughes Falko’s Chief Commercial officer stated that:
“The regional market continues to outperform other parts of the aviation sector with strong demand for all aircraft types from operators worldwide. The strong pipeline that we referenced at the half year is now flowing through to portfolio activity.
The secondary EJet market remains particularly strong with Falko securing transactions for all variants during the quarter. We are very pleased at the level of interest now coming from the European market which is building on the growth seen over the summer season.
We have also continued to invest in our sector during Q3 2021 with further acquisitions funded by the Falko Regional Aircraft Opportunities Fund II. We remain confident that we can finalise some further investments in the fourth quarter.”