The leading lessor of regional aircraft, Nordic Aviation Capital (NAC), signed a firm order for 20 A220 Family aircraft.
"This latest order from NAC, counted in the 2019 order-book, is a huge endorsement and affirms the strong market demand for the state-of-the-art, fuel-efficient A220 Family," Airbus writes in a press release.
NAC and Airbus collaboration
“NAC’s order for the A220 shows this aircraft is just as relevant in the regional world as it is in the mainline one,” said Christian Scherer, Airbus Chief Commercial Officer.
Scherer continued: “We are delighted to work with NAC going forward, we thank them for their confidence and congratulate them on their new offices in Limerick.”
NAC is the largest lessor of regional aircraft in the world, managing and owning 500 aircraft on lease to 78 airline customers in over 50 countries.
The A220 and Widebody Comfort
The A220 is the only aircraft purpose-built for the 100-150 seat market. It delivers fuel efficiency and widebody passenger comfort in a single-aisle aircraft.
The A220 offers the performance of larger single-aisle aircraft. With a high quality of aerodynamics, advanced materials and Pratt & Whitney’s latest-generation PW1500G geared turbofan engines to offer at least 20 percent lower fuel burn per seat compared to previous-generation aircraft, along with significantly lower emissions and a reduced noise footprint.
More than 600 Orders
At the end of December 2019, the A220 had accumulated 600 orders and over 100 aircraft in service with seven operators worldwide.
Nordic Aviation Capital
NAC was founded in Skive, Denmark by aviation entrepreneur Martin Møller.
In the past 30 years, NAC has gone from a one aircraft business to one that has 500 aircraft valued in excess of 8 billion dollars. It is a market-leading enterprise with over 200 employees operating across 6 locations globally.
We believe that information should be free and will therefore never put up a paywall.
If you like reading our reports about the Scandinavian business scene and would like to donate towards the upkeep of the site, we would be very grateful. Click here to donate.
Game Development | 🕐 18. Feb. 2020
Business | 🕐 04. Feb. 2020
Startups | 🕐 12. Feb. 2020
Culture | 🕐 14. Mar. 2019
Tech | 🕐 02. Dec. 2019
Tech | 🕐 22. Nov. 2019
Startups | 🕐 25. Nov. 2019
Startups | 🕐 14. Nov. 2019
Startups | 🕐 21. Nov. 2019