Leasing

TrueNoord acquires two E175s on lease to Air Canada

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TrueNoord acquires two E175s on lease to Air Canada

Regional aircraft lessor TrueNoord has purchased two E175s on lease with Air Canada, marking the completion of its acquisition of ten Embraer aircraft from Nordic Aviation Capital (NAC).

“We are very pleased to further expand our footprint by adding two Air Canada operated E175s to our portfolio. These aircraft represent the first E175s in our fleet and our second lessee in the country,” highlighted Gary Topp, sales director Americas at TrueNoord. The ten aircraft are already deployed across the Air Canada Express network, flying to over 70 destinations across Canada and the United States.

In December 2023, TrueNoord announced its entry into a further portfolio trade for 11 aircraft from NAC, which will grow its fleet to 87 turboprops and regional jets. The integration of a further three E175s leased to Air Canada is targeted for completion during Q1 2024.