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NAC hopes to exit Chapter 11 by the end of May

NAC hopes to exit Chapter 11 by the end of May

by Richard Schuurman | Apr 20, 2022 | Aerospace, Lessors, Nordic Aviation Capital | 0 comments

Lessor Nordic Aviation Capital (NAC) expects to exit Chapter 11 bankruptcy protection before the end of May following the approval of its restructuring plan by the Eastern District of Virginia Bankruptcy Court. NAC said on April 19 that it had received “overwhelming...
ACIA and Universal Hydrogen announce LoI for 30 ATRs

ACIA and Universal Hydrogen announce LoI for 30 ATRs

by Richard Schuurman | Nov 13, 2021 | Aerospace | 0 comments

Lessor ACIA Aero Leasing and Universal Hydrogen have signed a Letter of Intent to convert up to thirty ATR 72-600s for use of Universal’s hydrogen kit. The two companies announced the agreement on November 13, ‘Day zero’ on the 2021 Dubai Airshow. The agreement has...
Lessor ACIA wants to grow fleet by thirty aircraft

Lessor ACIA wants to grow fleet by thirty aircraft

by Richard Schuurman | Nov 10, 2021 | Aerospace | 0 comments

Lessor ACIA Aero Leasing has issued a request for proposal to purchase up to thirty ATR, Embraer, and De Havilland Canada aircraft. The Dublin-based company wants to grow its fleet to almost ninety aircraft as it sees opportunities for expansion. Lessor ACIA wants to...
ACIA Aero Leasing Adds Customers in Europe and Asia

ACIA Aero Leasing Adds Customers in Europe and Asia

by Addison Schonland | Aug 31, 2021 | Aerospace | 0 comments

ACIA Aero Leasing is becoming a growing provider of regional aircraft leasing and lease management services.  The firm announced two new lessees, Fly LeOne in Italy and NXT Air in Bangladesh. The lessor continues to expand its customer base in major markets across the...

ATR stable on turnover, but lower on sales and deliveries

by Richard Schuurman | Jan 31, 2019 | ATR | 0 comments

Turboprop manufacturer ATR stabilized its turnover in 2018, booking a result of $1.8bln identical to the previous year. However, sales and deliveries were below the record-level of 2017, the Franco-Italian OEM reported on January 31. 2017 had been an outstanding year,...
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