Mon, Jan 21, 2019
Marks Start Of A Relationship Between The Two Companies
Regional aircraft leasing specialist TrueNoord has acquired two Embraer E195s on lease to Azul Linhas Aéreas Brasileiras S.A.
Financing was provided under TrueNoord’s recent term loan warehouse facility supported by Morgan Stanley, NORD/LB Norddeutsche Landesbank and Barclays. Legal services were provided by Hogan Lovells and Stek.
"We are extremely proud to add Azul to our list of customers. They are an award-winning South American airline with a significant presence in the Latin American regional aviation sector," said Garry Topp, Sales Director at TrueNoord with specific responsibility for the Americas. "Azul is committed to developing regional aviation and upgrading their fleet and so we look forward to a successful long-term relationship."
"These two aircraft signify the start of a relationship with TrueNoord," said Priscilla Branco, Head of Aircraft Programs for Azul. "We welcome working with a specialist lessor of regional jets as we continue the development of this important part of our business."
The aircraft were purchased with leases attached from CCB Financial Leasing Corporation Ltd. "CCB Leasing is very pleased to have taken a further step into the optimization of our lease portfolio, widening our business relationship with the global aircraft leasing industry. We enjoyed dealing in this swift and successful transaction with TrueNoord," said Jim Liu, Managing Director of CCB Leasing (International) Corporation DAC registered in Dublin, Ireland.
(Image provided with TrueNoord news release)
More News
Light Gun A handheld directional light signaling device which emits a brilliant narrow beam of white, green, or red light as selected by the tower controller. The color and type of>[...]
"The journey to this achievement started nearly a decade ago when a freshly commissioned Gentry, driven by a fascination with new technologies and a desire to contribute significan>[...]
Aero Linx: JAARS, Inc. For decades now, we’ve landed planes on narrow rivers and towering mountains. We’ve outfitted boats and vehicles to reach villages that rarely se>[...]
"Our driven and innovative team of military and civilian Airmen delivers combat power daily, ensuring our nation is ready today and tomorrow." Source: General Duke Richardson, AFMC>[...]
Aircraft Conflict Predicted conflict, within EDST of two aircraft, or between aircraft and airspace. A Red alert is used for conflicts when the predicted minimum separation is 5 na>[...]