Industry

Published on July 8th, 2022 | by Alan Dwyer

0

Nordic Sign Leases with Olympic and LOT

Nordic Aviation Capital, the regional aircraft leasing company based in Limerick has announced that it has executed a lease agreement for four ATR72-600s with Olympic Airways, a wholly owned subsidiary of Aegean Airlines, which is the flag carrier of Greece based in Athens. These deliveries were in conjunction with a fleet rollover of leased Bombardier Q400 aircraft.

The announcement with Olympic comes just after the company also confirmed that it has executed a lease agreement for seven Embraer E175/E190 aircraft with LOT Polish Airlines. These deliveries were also in conjunction with a fleet rollover of leased Bombardier Q400 aircraft.

In recent weeks, Nordic has completed the sale of 11 Embraer E-Jet aircraft to the Fort Lauderdale based Azorra Aviation Holdings. The aircraft involved were on lease to Aeromexico, Portugalia, Kenya Airways and Air Europa. Commenting on the deal, Azorra’s CEO, John Evans said, “This acquisition further diversifies our growing portfolio and is weighted towards E195s, where we see healthy near-term demand and longer-term potential for freighter conversions. It also expands existing, valued relationships with airlines that Azorra’s team has worked with for many years.”  

Tags: , , , , , , ,


About the Author



Comments are closed.

Back to Top ↑