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Nordic Aviation Capital Orders 7 ATR 42s

Travel News Asia Latest Travel News Podcasts Videos Wednesday, 21 July 2010

Danish regional aircraft leasing specialist Nordic Aviation Capital (NAC) and ATR have reinforced their relationship with the signature of a contract for the purchase of 7 ATR 42s. This marks the fourth agreement between the two companies in less than ten months.

Privately-owned NAC is a world leader in turboprop leasing. It currently has 137 aircraft on lease to operators worldwide – 82 of which are ATR aircraft, making NAC the largest ATR lessor in the world.

Martin Moeller, NAC Founder and Chairman of the Board, said, “ATR aircraft have been in our portfolio since the start of our development as a regional aircraft lessor. Stable values, a strong revival of interest in turboprops and strong market penetration is making the ATR a very popular aircraft in the market today. We are looking forward to expanding our fleet further with the acquisition of additional aircraft and financing further ATR aircraft deliveries.”

Nordic Aviation Capital, was established in Denmark in 1990 and is headquartered in Billund, Denmark. The organization has over 130 aircraft on lease worldwide and continues to expand its portfolio. The company has regional offices in the US, Ireland, Singapore, France, Canada, Switzerland and United Kingdom, providing aircraft to established carriers such as American Airlines, US Airways, Lufthansa, SAS, TAM, TACA and Air France affiliates.

See also: HD Videos from Singapore Airshow 2010

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