TrueNoord Closes Sale/LeaseBack With Air Astana For Embraer E190 aircraft | Aero-News Network
Aero-News Network
RSS icon RSS feed
podcast icon MP3 podcast
Subscribe Aero-News e-mail Newsletter Subscribe

Airborne Unlimited -- Recent Daily Episodes

Episode Date

Airborne Unlimited-
Monday

Airborne-Unmanned w/AUVSI-
Tuesday

Airborne Unlimited-
Wednesday

AMA Drone Report-
Thursday

Airborne Unlimited-
Friday

Airborne On ANN

Airborne 01.22.18

Airborne-UnManned 01.23.18

Airborne 01.17.18

AMA Drone Report 01.18.18

Airborne 01.19.18

Airborne-YouTube

Airborne 01.22.18

Airborne-UnManned 01.23.18

Airborne 01.17.18

AMA Drone Report 01.18.18

Airborne 01.19.18

Thu, Jan 11, 2018

TrueNoord Closes Sale/LeaseBack With Air Astana For Embraer E190 aircraft

Increases Portfolio To Seven E190 Aircraft

Regional aircraft lessor TrueNoord has concluded the increase of an existing term financing facility with DVB bank for the purchase of a 2012 vintage Embraer E190 aircraft from Air Astana, which will continue to be operated by the airline under the terms of a sale/leaseback transaction.

This aircraft increases TrueNoord’s Embraer portfolio to seven globally operated E190s, with further acquisitions shortly to be announced. TrueNoord’s focused on-going development strategy for its regional aircraft fleet under lease, is supported by investments from private equity firms Bregal Freshstream, BlackRock and Aberdeen Asset Management.

“With regional aircraft accounting for 35% of the global fleet and almost 21,000 flights taken per day, it is clear to see that network airlines, like Air Astana, use these aircraft types effectively to optimise capacity and frequency” says Anne-Bart Tieleman, CEO – TrueNoord.

Historical evidence points to regional carriers being a strong lending or leasing risk proposition either because they are part of a major carrier and/or they have clear niche markets with often high yields. Aircraft values for current generation regional aircraft types have held up relatively strongly since their respective entry to service when compared to other commercial aircraft.

“The regional aircraft finance market is characterized by a growing level of operating leases and the absence of many traditional sources of financing creates opportunities for specialists like TrueNoord. This is our first sale/leaseback transaction and as we look ahead in 2018 we see abundant opportunities worldwide in this vibrant sector.”

(Source: TrueNoord news release. Image from file)

FMI: truenoord.com

Advertisement

More News

Airborne 01.19.18: Airbus A380 Reprieve, FAA Sued, FAA Defends Drop Zone

Also: Skydiving Museum, Nature Air Suspended, IAC 2017 Collegiate Program, StandardAero Ceases LAX Ops You can hear the sigh of relief from across the Atlantic... After several mon>[...]

AMA Drone Report 01.18.18: 1 Million Drone Reg's, Autel EVO, FAA Sued Again

Also: New DJI Mavic?, SureFly Not Yet, Drones Tracking Illegal Dumping, 'Illicit' Drone Video The FAA has registered a million drones, the DOT announced last week at CES in Las Veg>[...]

Airborne-Unmanned 01.16.18: AUVSI Trusted Operator, Typhoon H Plus, Intel

Also: Drones Tracking Illegal Dumping, Arctic UAS, Airspace Situational Awareness, TrueView R20 AUVSI has announced the appointment of leading industry stakeholders to serve on a s>[...]

Aero-News: Quote of the Day (01.22.18)

“I can’t think of a better place to bring this airplane in its first year. I think everybody who attends the show is really into experimental airplanes, obviously with >[...]

Klyde Morris (01.22.18)

Klyde Offers A Few More Insights Into The Peculiarities of 'Security Theater' FMI: www.klydemorris.com>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2018 Web Development & Design by Pauli Systems, LC