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NAC completes Azul transaction

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NAC completes Azul transaction

Nordic Aviation Capital (NAC) has completed an eight aircraft transaction with long standing customer Azul Linhas Aéreas Brasileiras. This involved the purchase and immediate lease back of three Embraer E190s: MSN’s 19000271, 19000295 and 19000330 and one Embraer E195: MSN 19000260. It also comprises the closing of four ATR 72-600 leases to Azul: MSN’s 971, 992, 998 and 1054, as part of the larger ALC transaction signed in December 2015. This brings to 24 the total number of aircraft currently on lease to the Brazilian airline.