Published on February 7th, 2022 | by Alan Dwyer0
Klaus Heinemann joins Nordic Aviation Capital
Nordic Aviation Capital (NAC) has announced the appointment of Klaus Heinemann as a Strategy Consultant with the intention to be named Non-Executive Chairman of the Board upon NAC’s emergence from Chapter 11. Klaus brings over four decades of aviation financing and board expertise to NAC, having held senior leadership roles throughout his career. Nordic is a Limerick-based regional aircraft lessor serving almost 70 airlines in approximately 45 countries with a fleet of over 500 aircraft.
Klaus was CEO of AerCap Holdings NV from 2002 to 2012, where he was instrumental in building the firm into a top global aircraft lessor. He was previously on the Executive Board at DVB Bank from 1998 to 2002, driving its transformation to a global transportation-focused bank. Klaus also served as Joint General Manager at Long Term Credit Bank from 1988 to 1998, where he built its aviation financing franchise. He began his banking career in 1976 at Bank of America, where he worked for 11 years. Klaus has a degree from the University of Hamburg. After AerCap, Klaus has been an independent director at multiple firms for the last decade. He is currently an independent board member of Hamburg Commercial Bank AG. He was also former Chairman of Ingrid Hotels and Finnair OY and a former board member of Algeco Scotsman SARL.
Commenting on the appointment, the Vice Chairman of NAC and Chairman of its Restructuring Committee, Justin Bickle said, “I am delighted to welcome Klaus to NAC. He brings extensive commercial aviation and broad business experience that will be invaluable as the Company positions itself for long term success.”
Also commenting was the President and CEO of NAC, Norman C.T. Liu who added, “I have known Klaus for nearly two decades and am very pleased with his appointment. Since last fall, the NAC team has made steady progress recovering from the pandemic, rebuilding its leadership team and stabilizing its portfolio. We look forward to advice and counsel from Klaus as we pivot to growth in the near future.”
The announcement of his appointment was also greeted by Klaus Heinemann who said, “This is a pivotal time to be joining NAC, as the Company builds on the next chapter of its evolution and growth. It has been a challenging time for NAC and the aviation industry, and I look forward to working together with my new colleagues as the industry recovers from the pandemic.”