Following up on the productive Istanbul show, Embraer had two pieces of news today. It has been another good day for Embraer. The first is a deal with longtime customer NAC for ten E-190/5 P2F conversions. Deliveries start in 2024. In May 2022, NAC and Embraer reached...
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...
Danish regional aircraft lessor Nordic Aviation Capital Designated Activity Company, NAC, has filed for voluntary Chapter 11 restructuring with the Richmond (Virginia) Eastern District Bankruptcy Court. The lessor confirmed this on December 20. The filing, which was...
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...
In what has become a very familiar story since this Spring, regional aircraft lessor Nordic Aviation Capital (NAC) has also seen its positive results in the first part of the year being wiped out by the effects of Covid-19. NAC recorded a $ -639.1 million net loss for...
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