The first aircraft will not be modified until 2024, but the first Embraer converted freighters have already found their first customer. Lessor NAC has placed two E190Fs with Kenyan airline Astral Aviation, Embraer announced late on July 20. Astral to become first...
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...
Another aircraft lessor has been affected by the impact of the pandemic. Dublin-based lessor AMCK is selling its existing and future aircraft portfolio of 148 aircraft for $4.2 billion to Carlyle Aviation Partners, it announced on December 23. AMCK cites risks as...
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...
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...
AirInsight is the boutique aerospace media and analysis team and part of AirInsight Group LLC.
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