Falko Regional Aircraft has reported “another year of strong activity levels, with total activity relating to eighty-two aircraft,” according to Falko’s chief commercial officer Mark Hughes.
In 2023, the regional aircraft lessor added fourteen aircraft to its portfolio, sold four, and secured new leases or lease extensions relating to thirty one aircraft. Additionally, it signed letter of intents and a sales purchase agreement relating to a further thirty two aircraft. As of December 31, Falko’s portfolio totalled 270 aircraft on lease to 41 customers worldwide.
During the full year 2023, “we were delighted to welcome Porter Airlines as a new airline customer to Falko’s portfolio and welcome back Eastern Airlines,” added Hughes, with transactions involving customers from all jurisdictions “reflecting the global demand for regional aircraft”. He also highlighted that activity was focused on new leases and lease extensions which is “representative of the current market environment as airlines continue to secure aircraft capacity”.
Transactions relating to thirty one aircraft were made during the fourth quarter of 2024, with Falko delivering six aircraft on lease and extending the leases relating to a further six aircraft.
Noting that supply chain constraints have continued to impact the market, “the shortage of aircraft across the sector has increased demand for available used aircraft and in turn has driven up aircraft values and lease rates,” concluded Hughes. “We are extremely encouraged by the current market environment and the demand for regional aircraft which we expect to continue throughout the year and potentially into 2025”.
Falko reports strong 2023 performance despite supply constraints
