Tuesday, January 19, 2010

Nordic Aviation Capital enters into a $100 million revolving investment facility with KIRK Aviation

Nordic Aviation Capital (“NAC”), the world’s largest turboprop lessor, announced today it has entered into a $100 million revolving investment facility with Denmark’s KIRK Aviation (“KIRK”), a subsidiary of KIRK Kapital. The deal, NAC’s second investment transaction with KIRK Aviation, builds on a strong relationship between the two organisations, first realised in their joint investment of 39 ATR72 aircraft leased to American Airlines in 2008......