NAC reports net income of $72 million in its first full year post-restructuring

Nordic Aviation Capital (NAC) has reported a net income of $72 million in its first full year since its chapter 11 restructuring. Its total liquidity by the end of the year was at $856 million and its total assets at $3.8bn. It ended the year with a net debt of $1.85bn and book equity at $736 million. “NAC delivered robust full-year results for 2023,” said NAC CFO & EVP Jennifer Creevey. “The company reported a strong net income for the period and maintains a solid liquidity position going into 2024.” The company owned 270 aircraft at year-end and sold 60