TrueNoord Closes Purchase Of Three Embraer E190 Regional 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 Unlimited-02.11.19

Airborne Unmanned-02.19.19

Airborne Unlimited-02.20.19

AMA Drone Report-02.21.19

Airborne Unlimited-02.15.19

Airborne-YouTube

Airborne Unlimited-02.11.19

Airborne Unmanned-02.19.19

Airborne Unlimited-02.20.19

AMA Drone Report-02.21.19

Airborne Unlimited-02.15.19

Sun, Apr 15, 2018

TrueNoord Closes Purchase Of Three Embraer E190 Regional Aircraft

Regional Lessor Acquires Airplanes From GECAS

Regional aircraft lessor TrueNoord has closed the purchase of three Embraer E190 aircraft from GECAS.  These aircraft are under lease with and operated by HOP!, the regional operator for Air France-KLM in France. This additional group of three regionally operated E190 aircraft adds to the significant investment in TrueNoord’s Embraer fleet under lease and increases the organisation’s portfolio to fifteen globally operated E190s, with further acquisitions in the pipeline. The purchase was partially financed under a new finance facility arranged by BNP Paribas and DVB Bank SE.

TrueNoord now provides eight E190’s to support the regional operations divisions of the Air France-KLM Group. Anne-Bart Tieleman, CEO of TrueNoord, commented: “Our strategy is to acquire young aircraft with long remaining leases operated by strong carriers, such as HOP!, and we are proud to work with this leading regional airline to support their operation. TrueNoord’s specialist approach is fully endorsed by our leading investors: BlackRock, Aberdeen Asset Management and Bregal Freshstream. There is great investor confidence in the global regional aircraft leasing sector and besides that we are currently developing a number of diverse prospects worldwide, we also look forward to continuing our successful expansion in Europe.

Tieleman continues “As we look ahead to the ERA Conference in Vienna later this month we anticipate wide-ranging discussions relating to the evolving regional marketplace in Europe. We see opportunities with existing operators, new airlines and new lessees. There is a continuous requirement for flexible options for end of lease situations and aircraft reaching lease transition phases.”

Pillsbury and Stek acted as legal advisers for TrueNoord throughout the transaction.

(Source: TrueNoord news release)

FMI: truenoord.com

Advertisement

More News

Airborne 02.20.19: Kotnik Relieved, FAA Enforcement, Aero Charting

Also: Major Gift From Clay Lacy, Golden Knights Accident, A380 Deliveries To End, Blue Angels Suspension The first female pilot to lead the F-16 Viper demonstration team has been r>[...]

Airborne 02.20.19: Kotnik Relieved, FAA Enforcement, Aero Charting

Also: Major Gift From Clay Lacy, Golden Knights Accident, A380 Deliveries To End, Blue Angels Suspension The first female pilot to lead the F-16 Viper demonstration team has been r>[...]

AMA Drone Report 02.14.19: AMA Expo East, Altitude Angel, Sun ‘n Fun Drone Show

Also: Oklahoma Legislature, Corona CA PD Deploys, National Model Aviation Museum Finally! This year’s rendition of AMA’s Expo East is right around the corner. Despite t>[...]

Counting Down! ANN's Infamous April 1st Edition Is Back--With A Vengeance!

Send Us Your Wacky Ideas NOW! ANN E-I-C Note: Folks... we gotta warn you... our Annual April 1st Editions are LEGENDARY -- and after a break last year (due to a death in the family>[...]

Australian Pilot Spells Out 'I'm Bored' In The Sky

Was Conducting A Two-Hour Test Flight All At A Single Speed A pilot in Australia apparently felt his two-hour test flight on an airplane being prepared for sale was not the most ex>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2019 Web Development & Design by Pauli Systems, LC