Thu, Dec 04, 2008
Regional Carrier Will Continue Operating Planes On
Nordic Aviation Capital A/S and KIRK Kapital A/S announced
Tuesday an agreement for a sale and leaseback transaction with AMR
Leasing Corporation for 39 ATR 72 aircraft operated by Executive
Airlines, which does business as American Airlines' regional
subsidiary American Eagle.
AMR Leasing Corporation will sell the 39 ATR 72 aircraft to an
entity that will lease the aircraft to NK Aviation Limited,
Ireland, a newly formed joint venture between NAC and Kirk Kapital
A/S. Executive Airlines will lease the aircraft back through a
sublease structure and will continue to be the operator of the
aircraft. NAC will be the servicer for the aircraft.
The deal is worth approximately $200 million in immediate cash
for American, reports The Associated Press.
Nordic Aviation Capital's current fleet of nearly 80 aircraft
includes, Boeing 737, MD83, CRJ200, ATR 42, Bombardier Dash 8 and
Fokker 50 and Saab 2000 aircraft. Our customers include US Airways,
SAS, TACA, Wideroe, Cimber Air and Air Baltic.
Also: AUVSI XPO17 LIVE!, Steady Drone Sales, Drone v Shotgun... DJI’s new Phantom 4 Advanced offers a more powerful camera and more upgraded controls. The new upgrades the or>[...]
Also: State Pavilions at XPONENTIAL, MQ-8C Fire Scout, Puma UAS, Drone Bust Drones DO wind up in some of the most amazing places... As evidence by the Universities of Bristol and C>[...]
Also: Drone Power, Jerkwater Drone Regs, CBP, Wichita UAS Mtg, Cessna Accident, Co-Pilot SNAFU, Atlas Air-Polar Air Gulfstream’s super mid-size G280 recently completed two mi>[...]
"Without that drone we would not have found it and would have just been wandering around the bush." Source: New Zealand Police Sergeant Chris Turnbull, commenting on the use of a b>[...]
Aero Linx: The Collings Foundation The Collings Foundation is a non-profit, Educational Foundation (501(c)3), founded in 1979. The purpose of the Foundation is to organize and supp>[...]