Falko Regional Aircraft Limited adds two Embraer E190 aircraft to its portfolio from Avolon

Dino D'Amore
By Dino D'Amore January 26, 2016 20:49

Falko Regional Aircraft Limited adds two Embraer E190 aircraft to its portfolio from Avolon

Falko Regional Aircraft Limited (Falko), an aircraft operating leasing and asset management company focused on the regional aircraft sector, has added two Embraer E190LR aircraft to its portfolio. The aircraft have been acquired from Avolon, an Irish based international aircraft leasing company, and are currently on lease to Brazilian carrier Azul – Linhas Aéreas Brasileiras.

“We are delighted to have completed this deal with Avolon which further expands our portfolio of Embraer manufactured aircraft” said Mark Hughes, Executive Vice President – Corporate Finance, Falko Regional Aircraft Limited.

“This deal is significant as it has been funded by capital from our recently announced new regional aircraft fund and again illustrates the continuing development and growth of Falko as a key player in the regional aircraft market.  This further expands our E-Jet portfolio to 8 aircraft and diversifies our customer portfolio into South America.  We are delighted to add Brazil’s fastest growing airline Azul as a new lessee to our portfolio.”

“Avolon is delighted to complete our first transaction with Falko as a market leader in the regional aircraft leasing sector and we are pleased to be providing the first two aircraft to Falko’s new fund” said John Higgins, President & Chief Commercial Officer, Avolon.

Dino D'Amore
By Dino D'Amore January 26, 2016 20:49