Falko Outlines Q3 2022 Portfolio Activity
London, 10th November 2022 – Falko Regional Aircraft Limited (Falko), the world’s largest asset manager and aircraft lessor focused solely on the regional aircraft sector has provided a summary of its Q3 2022 market activity.
In Q3 2022, Falko added eight aircraft to its portfolio during the quarter. Eight aircraft were sold, four aircraft were delivered on lease to customers in Europe and the lease on one aircraft was extended. In addition, letters of intent were signed in relation to the acquisition of four aircraft and the placement of three aircraft on lease.
Activity was focused on the regional jet sector with deals covering both the CRJ and EJet products. Eight CRJ900s were sold to a North American customer and six E170s were acquired on lease to a European carrier. In terms of placement activity, one E190 was delivered to Airlink in South Africa and in Europe three E195s were delivered to SAS Link.
As at 30 September 2022, Falko and its affiliates portfolio totaled 266 aircraft on lease to 44 customers worldwide.
Commenting on the quarter’s activity, Mark Hughes Falko’s Chief Commercial Officer stated:
“We are delighted to be able to announce transactions relating to twenty-eight aircraft in our portfolio during the quarter across all main regional aircraft types. This quarter reflected increased transaction volume involving regional jet products including both CRJ and EJet variants. We have been pleased to see firm demand for a wide range of EJet products (E170/E190/E195) in Europe, with thirteen aircraft included in this quarter’s activity.
“We are encouraged that the positive fundamentals of the regional aircraft market are reflected in this quarter’s portfolio activity.”
About Falko
Falko Regional Aircraft 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. In May 2022, Chorus Aviation Inc. (TSX: CHR) completed the acquisition of Falko and equity interests in 128 aircraft managed by Falko. Headquartered in Halifax, Nova Scotia, Chorus is an integrated provider of regional aviation solutions, including asset management services.
For further information about Falko, visit www.falko.com or follow us on Twitter: Falko_RA
Contact
Falko Regional Aircraft Limited
Phone +44 (0) 1707 271777