Posted on: 14 March 2016 by Mark Howells
Nordic Aviation Capital (NAC), the world’s largest turboprop aircraft lessor, is to acquire Jetscape Aviation Group (Jetscape), a deal which will see NAC expand into the regional jet arena, bringing 28 owned Embraer E-Jets, commitments for 11 E-Jets and a further 18 of the type under management into its portfolio.
“This is a significant strategic development for NAC and we are pleased to diversify with the addition of an exceptional deal-focused, customer-centric organisation with highly experienced management and dedicated staff,” declared NAC chairman Martin Moller. “Jetscape’s solid reputation in regional jet leasing can only enhance the strong brand which NAC already enjoys in the turboprop sector.”
Jetscape CEO John Evans added, “We are delighted to bring Jetscape into NAC. Joining forces with them gives us an expanded geographical reach and most importantly, a firm financial platform to further develop regional aircraft leasing activity.”