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...
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...
Franco/Italian turboprop maker ATR has had a pretty successful Paris Air Show, signing commitments for 75 aircraft worth $1.7 billion. By comparison: Farnborough last year earned ATR 17 sales. The biggest order came from regional aircraft leasing specialist Nordic...
AirInsight is the boutique aerospace media and analysis team and part of AirInsight Group LLC.
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