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Nordic Aviation Capital
Nordic Aviation Capital (NAC) is an aircraft leasing company with offices in Ireland, Denmark, Singapore, Hong Kong, Beijing, Toronto and Fort Lauderdale, Florida. NAC owns the world's largest fleet of regional aircraft. History The company was founded in 1990 by Martin Møller Nielsen, and had its initial headquarters in Skive, Denmark. In 2004, Nordic Aviation Capital moved its headquarters to Billund. A new office in Ireland was also opened in the same year. In August 2015, the Swedish capital fund EQT Partners became the majority shareholder in NAC. EQT Partners announced it would be putting up its 54% shareholding for sale in October 2018. In January 2020, NAC opened its new headquarters in Limerick, Ireland. Fleet As of June 2021, the Nordic Aviation Capital fleet consists of the following aircraft: Aircraft leasing Tarom Tarom has agreed to lease 9 ATR 72-600 aircraft from Nordic Aviation Capital, with deliveries expected from October 2019 until 2021. They are t ...
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Limerick
Limerick ( ; ga, Luimneach ) is a western city in Ireland situated within County Limerick. It is in the province of Munster and is located in the Mid-West which comprises part of the Southern Region. With a population of 94,192 at the 2016 census, Limerick is the third-most populous urban area in the state, and the fourth-most populous city on the island of Ireland at the 2011 census. The city lies on the River Shannon, with the historic core of the city located on King's Island, which is bounded by the Shannon and Abbey Rivers. Limerick is also located at the head of the Shannon Estuary, where the river widens before it flows into the Atlantic Ocean. Limerick City and County Council is the local authority for the city. Geography and political subdivisions At the 2016 census, the Metropolitan District of Limerick had a population of 104,952. On 1 June 2014 following the merger of Limerick City and County Council, a new Metropolitan District of Limerick was formed within ...
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ATR 42
The ATR 42 is a regional airliner produced by Franco-Italian manufacturer ATR, with final assembly in Toulouse, France. On 4 November 1981, the aircraft was launched with ATR, as a joint venture between French Aérospatiale (now Airbus) and Aeritalia (now Leonardo S.p.A.). The ATR 42-300 performed its maiden flight on 16 August 1984 and type certification was granted during September 1985. Launch customer Air Littoral operated its first revenue-earning flight in December of that year. The high-wing airliner is powered by two turboprop engines, Pratt & Whitney Canada PW120s. The number "42" in its name is derived from the aircraft's original standard seating capacity of 42 passengers. Later variants are upgraded with new avionics, a glass cockpit, and newer engine versions. The ATR 42 is the basis for the stretched ATR 72, introduced in October 1989. Development During the 1960s and 1970s, European aircraft manufacturers had, for the most part, undergone considerable c ...
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Danish Companies Established In 1990
Danish may refer to: * Something of, from, or related to the country of Denmark People * A national or citizen of Denmark, also called a "Dane," see Demographics of Denmark * Culture of Denmark * Danish people or Danes, people with a Danish ancestral or ethnic identity * A member of the Danes, a Germanic tribe * Danish (name), a male given name and surname Language * Danish language, a North Germanic language used mostly in Denmark and Northern Germany * Danish tongue or Old Norse, the parent language of all North Germanic languages Food * Danish cuisine * Danish pastry, often simply called a "Danish" See also * Dane (other) * * Gdańsk * List of Danes * Languages of Denmark The Kingdom of Denmark has only one official language, Danish, the national language of the Danish people, but there are several minority languages spoken, namely Faroese, German, and Greenlandic. A large majority (about 86%) of Danes also s ... {{disambiguation Language and nation ...
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Aircraft Leasing Companies
An aircraft is a vehicle that is able to fly by gaining support from the air. It counters the force of gravity by using either static lift or by using the dynamic lift of an airfoil, or in a few cases the downward thrust from jet engines. Common examples of aircraft include airplanes, helicopters, airships (including blimps), gliders, paramotors, and hot air balloons. The human activity that surrounds aircraft is called ''aviation''. The science of aviation, including designing and building aircraft, is called ''aeronautics.'' Crewed aircraft are flown by an onboard pilot, but unmanned aerial vehicles may be remotely controlled or self-controlled by onboard computers. Aircraft may be classified by different criteria, such as lift type, aircraft propulsion, usage and others. History Flying model craft and stories of manned flight go back many centuries; however, the first manned ascent — and safe descent — in modern times took place by larger hot-air ...
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Airbus A220
The Airbus A220 is a family of five-abreast narrow-body airliners by Airbus Canada Limited Partnership. It was originally designed by Bombardier and had two years in service as the Bombardier CSeries. The program was launched on 13 July 2008, the smaller A220-100 (formerly CS100) made its maiden flight on 16 September 2013, was awarded an initial type certification by Transport Canada on 18 December 2015, and entered service on 15 July 2016 with launch operator Swiss Global Air Lines. The longer A220-300 (formerly CS300) first flew on 27 February 2015, received an initial type certification on 11 July 2016, and entered service with airBaltic on 14 December 2016. Powered by Pratt & Whitney PW1500G geared turbofan engines under its wings, the twinjet features fly-by-wire flight controls, a carbon composite wing, an aluminium-lithium fuselage and optimised aerodynamics for better fuel efficiency. The aircraft family offers maximum take-off weights from , and cover a range ...
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Bombardier CRJ700 Series
The Bombardier CRJ700, CRJ900, and CRJ1000 are a family of regional jet airliners that were designed and manufactured by Canadian transportation conglomerate Bombardier (formerly Canadair) between 1999 and 2020. Their design was derived from the smaller CRJ100 and 200 airliners, the other members of the Bombardier CRJ aircraft family. The CRJ program was acquired by Japanese corporation Mitsubishi Heavy Industries in 2020, which ended production of the aircraft. During the 1990s, Bombardier initiated development on the ''CRJ-X'', a program to produce enlarged derivatives of its popular CRJ100/200 family. Officially launched in 1997, the CRJ700's maiden flight took place on 27 May 1999; it was soon followed by the stretched CRJ900 variant. Several additional variants of the type were subsequently introduced, including the elongated CRJ1000 and the CRJ550 and CRJ705 which were modified to comply with scope clauses. Competitors included the British Aerospace 146, the Embraer E-J ...
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Embraer 175
The Embraer E-Jet family is a series of four-abreast narrow-body short- to medium-range twin-engine jet airliners designed and produced by the Brazilian aerospace manufacturer Embraer. The E-Jet was designed as a complement to the preceding ERJ family, Embraer's first jet-powered regional jet; designed to carry between 66 and 124 passengers, it was larger than any prior aircraft built by the company. The project's existence was revealed in early 1997, and was formally introduced at the Paris Air Show two years later. On 19 February 2002, the first prototype E-Jet conducted its maiden flight; later that year, quantity production of the type commenced. In early March 2004, the first E170 deliveries were made to LOT Polish Airlines. The E-Jet series has been a commercial success primarily due to its ability to efficiently serve lower-demand routes while offering many of the same amenities and features of larger jets. Initial teething issues, including hydraulic and engine-sp ...
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Embraer 170
The Embraer E-Jet family is a series of four-abreast narrow-body short- to medium-range twin-engine jet airliners designed and produced by the Brazilian aerospace manufacturer Embraer. The E-Jet was designed as a complement to the preceding ERJ family, Embraer's first jet-powered regional jet; designed to carry between 66 and 124 passengers, it was larger than any prior aircraft built by the company. The project's existence was revealed in early 1997, and was formally introduced at the Paris Air Show two years later. On 19 February 2002, the first prototype E-Jet conducted its maiden flight; later that year, quantity production of the type commenced. In early March 2004, the first E170 deliveries were made to LOT Polish Airlines. The E-Jet series has been a commercial success primarily due to its ability to efficiently serve lower-demand routes while offering many of the same amenities and features of larger jets. Initial teething issues, including hydraulic and engine-specifi ...
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De Havilland Canada Dash 8
The De Havilland Canada DHC-8, commonly known as the Dash 8, is a series of turboprop-powered regional airliners, introduced by de Havilland Canada (DHC) in 1984. DHC was later bought by Boeing in 1988, then by Bombardier in 1992; then by Longview Aviation Capital in 2019, reviving the De Havilland Canada brand. Powered by two Pratt & Whitney Canada PW100s, it was developed from the Dash 7 with improved cruise performance and lower operational costs, but without STOL performance. Three sizes were offered: initially the 37–40 seat -100 until 2005 and the more powerful -200 from 1995, the stretched 50–56 seats -300 from 1989, both until 2009, and the 68–90 seats -400 from 1999, still in production. The QSeries are post-1997 variants fitted with active noise control systems. Development Initial development In the 1970s, de Havilland Canada had invested heavily in its Dash 7 project, concentrating on STOL and short-field performance, the company's traditional ...
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Aircraft Lease
Aircraft leases are leases used by airlines and other aircraft operators. Airlines lease aircraft from other airlines or leasing companies for two main reasons: to operate aircraft without the financial burden of buying them, and to provide temporary increase in capacity. The industry has two main leasing types: wet-leasing, which is normally used for short-term leasing, and dry-leasing which is more normal for longer-term leases. The industry also uses combinations of wet and dry. For example, when the aircraft is wet-leased to establish new services, then as the airline's flight or cabin crews become trained, they can be switched to a dry lease. Market Operating leases of jet airliner accounted for less than 2% of the fleet in 1976, then 15% in the early 1990s, 25% in 2000 and 40% in 2017, with lessors involved in 62% of second hand mid-life aircraft transactions since 2000: 42% in Europe and 29% in North America. In 2015, over $120 billion of commercial aircraft were delivered ...
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Embraer 195
The Embraer E-Jet family is a series of four-abreast narrow-body short- to medium-range twin-engine jet airliners designed and produced by the Brazilian aerospace manufacturer Embraer. The E-Jet was designed as a complement to the preceding ERJ family, Embraer's first jet-powered regional jet; designed to carry between 66 and 124 passengers, it was larger than any prior aircraft built by the company. The project's existence was revealed in early 1997, and was formally introduced at the Paris Air Show two years later. On 19 February 2002, the first prototype E-Jet conducted its maiden flight; later that year, quantity production of the type commenced. In early March 2004, the first E170 deliveries were made to LOT Polish Airlines. The E-Jet series has been a commercial success primarily due to its ability to efficiently serve lower-demand routes while offering many of the same amenities and features of larger jets. Initial teething issues, including hydraulic and engine-specifi ...
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