ATR Delivers First Aircraft Bound For Japan’s Toki Air
Aircraft lessor Nordic Aviation Capital (NAC) has taken delivery of an ATR 72-600 which will be the first aircraft operated by Japanese start-up Toki Air. ATR says in a statement…
Japan’s Toki Air Starting With Charters, Delays Launch To Year-End
Japanese start-up Toki Air has delayed its launch, because it has yet to receive an air operator certificate (AOC), but hopes to have its first flight by year-end, which will…
India’s Star Air Plans To Lease Embraer E-175s
Indian start-up Star Air plans to lease two Embraer E175 aircraft, a new type from its fleet of Embraer ERJ-145s, for operation by November this year. Star Air says in…
Azorra Buying 11 Embraer RJs From Nordic Aviation Capital
US aircraft lessor Azorra is buying 11 more Embraer E-Jets from Nordic Aviation Capital (NAC), which has been selling parts of its regional aircraft portfolio. Azorra says in a statement…
Nordic Aviation Capital Aims To Exit Bankruptcy In May After Restructuring
Aircraft lessor Nordic Aviation Capital (NAC) has received approvals from the US Bankruptcy Court on its restructuring plan, which will reduce its debt by US$4.1 billion, as it seeks to…
Nordic Aviation Capital Writes Down Value Of Its Aircraft Portfolio By Nearly A Third
Nordic Aviation Capital (NAC), which is currently in Chapter 11 bankruptcy protection, has disclosed to the US Bankruptcy Court that it has written down the value of its aircraft portfolio…