Falko Announces Delivery of Four Embraer E175 Aircraft to Airlink
London, 17 September 2024
Falko Regional Aircraft Limited (Falko) has completed the delivery of four (4) Embraer E175 aircraft on lease to Airlink, South Africa’s premier independent regional carrier.
The aircraft were delivered on behalf of Falko managed fund, Falko Regional Aircraft Opportunities Fund II (Fund II) with the first two deliveries concluding in Q4 2023 and the final two deliveries in August and September 2024. Airlink now operates E170, E175 and E190 aircraft from Falko’s managed portfolio.
“We have successfully delivered four E175 aircraft to leading Johannesburg-based airline, Airlink. The addition of these aircraft into Airlink’s fleet marks another significant step by the airline to enhance its regional connectivity and fleet capabilities across Southern Africa, and we are proud to be able to support them in their growth journey.” Mark Hughes, Falko’s Chief Commercial Officer commented. “The transaction further expands Falko’s footprint in Africa, an increasingly important market for regional aircraft. We expect to see significant growth and opportunities in the African aviation market over the next couple of decades as countries look to improve connectivity across and into the continent in a bid to facilitate economic growth.”
Airlink CEO and Managing Director, Rodger Foster said: “The leased Embraer E175s from Falko provide us with the flexibility to provide a consistent top-quality onboard service across a wider band of routes across our network. Currently we serve over 45 destinations in Southern and East Africa and we reach markets across the globe through our code-shares and other partnerships with 36 of the world’s leading international airlines. The commonality with our other E-jets is also vital for air crew training, flight operations and technical support”.
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.
About Airlink
Airlink was established in 1992 and is Southern Africa’s premier privately-owned regional airline. Its fleet of over 65 modern jetliners serves more than 45 cities and other destinations throughout Southern and East Africa as well as Madagascar and St Helena Island. It offers worldwide connections through its partners, which include many trusted and well-known inter-continental brands and its FlyNamibia franchise.
Airlink is an International Air Transport Association (IATA) member and accredited under its safety audit programme.
Contact
Falko Regional Aircraft Limited
Phone +44 (0) 1707 252025