Falko Announces Delivery of Three Embraer E190 Aircraft to Airlink
London, 14 December 2023
Falko Regional Aircraft Limited (Falko) is pleased to announce the delivery of three (3) Embraer E190 aircraft bearing MSNs 19000651, 19000666 and 19000679 to South African carrier, Airlink. The aircraft were delivered on behalf of Falko’s managed fund, Falko Regional Aircraft Opportunities Fund II (“Fund II”) as part of a three aircraft deal with the airline.
Mark Hughes, Falko’s Chief Commercial Officer comments, “As one of Falko’s leading customers, we are proud to have completed this three aircraft deal with Airlink. The transaction increases the number of Falko managed aircraft on lease to Airlink to eleven and further develops our longstanding partnership with the airline. We would like to congratulate Airlink with these latest deliveries which follow two E190s placed by Falko earlier this year. The E190 is an excellent aircraft type for Airlink’s operations meeting the capacity and operational requirements across its expanding route network. This transaction also enlarges Falko’s African footprint, reflecting an increasingly important market for regional aircraft.”
Rodger Foster, Airlink’s Chief Executive Officer and Managing Director notes, “Airlink is delighted to have concluded the lease of these three Embraer E190 aircraft with Falko. The Embraer E190 has proved to be the right size of aircraft for most routes within our comprehensive network of destinations domestically and throughout Southern Africa, enabling high frequency of service, appropriate capacity to satisfy market demands, at the right time. Falko has been a wonderful lessor and partner to Airlink, the Falko team have worked well with Airlink executives in concluding this deal at mutually beneficial commercial terms. The addition of these aircraft to our growing fleet will enable Airlink to continue establishing our footprint in Southern Africa both organically and strategically.”
About Falko
Falko is the world’s largest asset manager and aircraft lessor focused solely on the regional aircraft leasing segment. Falko is one of the longest standing and largest managers of regional aircraft globally. Falko’s strategy is focused on growing its portfolio of funds and aircraft under management and the continued development of products and services in support of its aircraft lease management activity.
Falko was formed in July 2011 through the purchase of BAE Systems Asset Management and its associated aircraft portfolio. Falko is a wholly-owned subsidiary of Chorus Aviation Inc. (TSX: CHR), an integrated provider of regional aviation solutions, including asset management services headquartered in Halifax, Nova Scotia.
For further information about Falko, visit www.falko.com or follow us on LinkedIn
About Airlink
Airlink was established in 1992 and is Southern Africa’s premier privately-owned, regional airline. Airlink serves 48 destinations throughout Southern Africa, Madagascar, and St Helena Island. In addition, Airlink offers worldwide connections through its 35 airline partners, which include many of the world’s best-known inter-continental carriers and its FlyNamibia franchise.
In addition, Airlink offers its innovative “Skybucks” frequent flyer rewards programme.
Airlink has consistently been South Africa’s most on-time airline over the last two years, with its fleet of more than 60 modern jetliners achieving a 93.39% average on-time performance this year*.
Airlink is an International Air Transport Association (IATA) member accredited under its safety audit programme.
* Measured by the Airports Company South Africa.
Contact
Falko Regional Aircraft Limited
Phone +44 (0) 1707 252025
Photo Accreditation: Carike Schoeman