in Aerospace

TrueNoord acquires two E195s on lease to Azul

Posted 11 January 2019 · Add Comment

Regional aircraft leasing specialist TrueNoord has acquired two Embraer E195s on lease to Azul Linhas Aéreas Brasileiras S.A.



Financing was provided under TrueNoord’s recent term loan warehouse facility supported by Morgan Stanley, NORD/LB Norddeutsche Landesbank and Barclays. Legal services were provided by Hogan Lovells and Stek.

Garry Topp, Sales Director at TrueNoord with specific responsibility for the Americas, commented “We are extremely proud to add Azul to our list of customers. They are an award-winning South American airline with a significant presence in the Latin American regional aviation sector.  Azul is committed to developing regional aviation and upgrading their fleet and so we look forward to a successful long-term relationship.”

Priscilla Branco, Head of Aircraft Programs for Azul, highlights the airline’s requirement for regional leasing expertise. “These two aircraft signify the start of a relationship with TrueNoord. We welcome working with a specialist lessor of regional jets as we continue the development of this important part of our business.”

The aircraft were purchased with leases attached from CCB Financial Leasing Corporation Ltd. “CCB Leasing is very pleased to have taken a further step into the optimization of our lease portfolio, widening our business relationship with the global aircraft leasing industry. We enjoyed dealing in this swift and successful transaction with Truenoord” added Jim Liu, Managing Director of CCB Leasing (International) Corporation DAC registered in Dublin, Ireland.

TrueNoord is an aircraft leasing company with offices in Amsterdam, London and Dublin.

 

* required field

Post a comment

Other Stories
Advertisement
Latest News

SMBC Aviation Capital orders 65 A320neo Family aircraft

Leading aircraft lessor SMBC Aviation Capital has boosted its total order book for the A320neo Family to 181 aircraft after signing a firm order for an additional 65 A320neo Family aircraft (15 A321neo and 50 A320neo).

Gatwick long-haul traffic grew in December 2018

London Gatwickís long-haul routes saw year-on-year growth of +6.1% in December, as a rising number of passengers opted to spend the festive season further afield.

Global Trek Aviation invests in Cardiff Airport

Cardiff Airport is delivering on the first phase of its Masterplan, with the announcement of a new flight handling operator.

Eurofighter consortium appoints Kurt Rossner Chairman of Supervisory Board

The shareholder representatives of Eurofighter Jagdflugzeug GmbH consortium have appointed Kurt Rossner from Airbus Defence & Space GmbH as the Chairman of the Supervisory Board with effect from 1st January 2019.

CMA approves Menzies Aviationís acquisition of Airline Services

The UK Competition and Markets Authority (CMA) has approved Menzies Aviation's acquisition of Airline Services, an aircraft presentation and de-icing specialist.

Isotropic Systems raises $14m to advance space-based connectivity

London-based integrated satellite terminal solutions provider, Isotropic Systems Ltd., has announced a $14 million Series A round of funding led by Boeing HorizonX Ventures, with participation from WML, Space Angels and Space

ODU 0201311219
See us at
SMINCW1210050218Airborne ISR & C2 Battle ManagementAviation Africa 2019