NAC

NAC was founded in 1990 in Denmark. For the first 25 years, the business focused on turboprops. From 2015 to 2020, it doubled its fleet principally by expanding into regional jets. During January 2020, the Company moved to a new headquarters in Ireland and its fleet value peaked at about $7 billion with over 500 aircraft owned, managed and committed. Due to the pandemic crisis, lack of adequate equity and various portfolio issues, NAC underwent a major financial restructuring during late 2021. A new senior management team, ownership group and Board of Directors were then established. The company emerged successfully during June 2022 with a much-improved balance sheet and financial position including over $500 million of liquidity and growth capital. The fleet at exit was over 370 aircraft owned, managed, and committed with assets of over $3 billion and significantly reduced debt... The Company intends to remain a global leader in regional aircraft leasing and is also expanding into..

Also known as: Nordic Aviation Capital

Primary location: Anson Singapore