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Nordic Aviation Capital Signs Lease Agreement With Emerald Airlines for Four ATR 72-600s

Nordic Aviation Capital has signed an agreement with Emerald Airlines for the lease of four ATR 72-600 aircraft. Emerald Airlines is Ireland’s newest regional carrier and operator of Aer Lingus’ regional routes.

NAC Places Four ATR 72-600s on Lease With Emerald Airlines - Courtesy Emerald Airlines

On Monday (October 4, 2021), Nordic Aviation Capital (NAC) announced the lease placement of four ATR 72-600s with Ireland’s newest regional carrier Emerald Airlines, which operates regional routes for Aer Lingus. Emerald Airlines has been granted the exclusive franchise for the Aer Lingus regional network from January 1st, 2023 through 2032, and is working with the mainline carrier in respect to an earlier contract start date. Emerald Airlines received their Air Operator Certificate (AOC) from the Irish Aviation Authority in September 2021.

In Monday’s announcement, Emerald Airlines’ Founder and CEO, Conor McCarthy, said,

“We’re extremely pleased with the outcome of our agreement with Nordic Aviation Capital, and we are really looking forward to receiving this delivery of ATR 72-600s. Over the coming months we are set to secure additional aircraft, with this agreement bringing us another step closer to that. It is more important than ever before to be able to offer our passengers efficient and flexible solutions with the highest possible standards of comfort and safety. At Emerald Airlines we are committed to minimizing our CO2 emissions, and the ATR 72-600 fits perfectly in this strategy.”

Also commenting on the lease placement, Nordic Aviation Capital’s CCO, Jim Murphy said,

“We are honored to welcome Emerald Airlines as NAC’s newest customer. We congratulate them on their journey to date and look forward to building a strong partnership with them for many years to come.”

Dublin-based Emerald Airlines is Ireland’s newest regional carrier and operator pf the Aer Lingus regional network. The company offers a range of solutions including franchise, ACMI (aircraft, crew, maintenance and insurance), and private charter flying. Emerald’s team of technical experts and industry specialists will provide custom fleet solutions to meet the needs of their customers. Emerald Airlines’ mission is to grow the business sustainably through innovation, expertise and a commitment to exceeding customer and airline partner expectations.

Nordic Aviation Capital (NAC) is a leading regional aircraft lessor serving approximately 70 airline customers in over 45 countries. The company’s current fleet includes nearly 500 aircraft including ATR42/72s, De Havilland Canada Dash 8s, Mitsubishi CRJ900/1000s, Airbus A220s and Embraer E-Jet Family aircraft.

Source(s): Nordic Aviation Capital, Emerald Airlines

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