Asset manager and aircraft lessor Falko has acquired 11 Embraer E-Jets from Nordic Aviation Capital (NAC) as part of a sale and purchase agreement signed with the lessor in March.
The 11 aircraft are a mixture of E175, E190 and E195s and are on lease to Poland’s flag carrier, LOT Polish Airlines.
“We are pleased to announce the successful closing of the recent set of novations with NAC, with eighteen aircraft from this portfolio now completed and acquired for Falko managed fund, Falko Regional Aircraft Opportunities Fund II," said Mark Hughes, Falko’s chief commercial officer.
Hughes continued: “The transaction increases the number of aircraft Falko now leases to LOT under its managed fleet to sixteen, all E-Jets, and makes LOT one of Falko’s most significant European customer
Falko currently has a portfolio made up of Airbus, ATR, Embraer, Bombardier and de Havilland aircraft