Nordic Aviation Capital buys 25 E-Jets from Air Lease Corp.

Danish regional aircraft lessor Nordic Aviation Capital has agreed to buy 25 Embraer E175 and E190 aircraft from US-based Air Lease Corp. This is the second major fleet transaction between the two companies. In January, ALC sold its fleet of 25 ATRs to NAC. “After our teams successfully worked together on the ATR aircraft portfolio transaction, NAC saw additional value in our fleet of Embraer aircraft,” ALC chairman and CEO Steven Udvar-Házy said. ALC said it was selling the aircraft because its “business has matured” and its focus has shifted to mainline jets. “The timing is now appropriate for us to have a smaller role in this market segment,” Udvar-Házy said.<br/>