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Falko is an established asset management company actively engaged in all aspects of commercial aircraft leasing, financing and management with particular focus on the regional aircraft market.

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    Falko Acquires Eleven Aircraft from NAC

    Falko Acquires Eleven Aircraft from NAC

    London, 30 October 2024

    Falko Regional Aircraft Limited (Falko), the world’s largest asset manager and aircraft lessor focused solely on the regional aircraft sector, is pleased to announce the acquisition of eleven (11) Embraer E-Jet aircraft from Nordic Aviation Capital (NAC), as part of the sale and purchase agreement signed with the lessor in March. The aircraft, a mixture of E175, E190 and E195 aircraft types are on lease to Poland’s flag carrier, LOT Polish Airlines (LOT).

    “We are pleased to announce the successful closing of the recent set of novations with NAC, with eighteen aircraft from this portfolio now completed and acquired for Falko managed fund, Falko Regional Aircraft Opportunities Fund II (Fund II),” comments Mark Hughes, Falko’s Chief Commercial Officer. “The transaction increases the number of aircraft Falko now leases to LOT under its managed fleet to sixteen, all E-Jets, and makes LOT one of Falko’s most significant European customers. The E-Jet plays a key role in LOT’s regional operations across central Europe where the airline has established itself as a leading airline in the region by frequency. We would like to extend our thanks to LOT for their assistance with the novations and to the NAC team for their continued support with the closing of the wider aircraft portfolio.”

    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 managers of regional aircraft globally. Falko’s strategy is focused on growing its portfolio of aircraft under management and the continued development of products and services in support of its aircraft lease management activity.

    Falko is a wholly-owned subsidiary of Chorus Aviation Inc., a company listed on the Toronto Stock Exchange (Symbol: CHR) and headquartered in Halifax, Nova Scotia, Canada. For further information about Falko, visit www.falko.com or follow us on LinkedIn.

    Contact

    Falko Regional Aircraft Limited

    Investor.Relations@falko.com

    Phone +44 (0) 1707 252025

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