Nordic Aviation Capital Posts US$2.36 Billion Loss, Asks Creditors To Turn Debt Into Equity
Nordic Aviation Capital (NAC), the world’s largest lessor of regional aircraft, has reported a US$2.36 billion loss, due largely to a write down in the value of its aircraft assets,…
Dispute Between Nordic Aviation Capital And Garuda Indonesia Escalates
Aircraft lessor Nordic Aviation Capital (NAC) has responded to Garuda Indonesia’s announcement, that it has grounded and is returning its 12 Bombardier CRJ1000s to NAC before the leases have expired, by…
Garuda Indonesia Returning 12 Bombardier CRJ1000s To Nordic Aviation Capital Before Leases Expire
Indonesia’s minister of state-owned enterprises has announced that national carrier Garuda Indonesia will be returning 12 Bombardier CRJ1000s to the lessor Nordic Aviation Capital (NAC) before the leases expire. The…
De Havilland and Lessor NAC Take Brunt Of COVID-19 Crisis
There has been a sudden flurry of airlines, with regional aircraft in their fleets, going into voluntary administration and the data reveals that this first wave is impacting some aircraft-makers…