Nordic Aviation Capital Secures Purchase of Irish Leasing Company Aldus Aviation

    April 15, 2016
    Aldus is the second Embraer leasing platform to join the NAC stable following the recent Jetscape deal

    Nordic Aviation Capital (NAC) announced today that it is to acquire Irish aviation leasing company Aldus Aviation Limited (Aldus), the Shannon-based specialist in Embraer E-Jet operating leases. Founded in 2008, in the teeth of the recession, the business has steadily expanded and today manages a fleet of 30 E-Jet aircraft, operating with airlines around the world.

    Aldus is a good fit for NAC, the world’s largest turboprop lessor, which recently announced its expansion into regional jet leasing with the purchase of Jetscape, another E-Jet leasing company specialist.

    Aldus will eventually operate under the NAC brand, establishing Nordic Aviation Capital as one of the largest players in the large regional jet and large turboprop sector. Aldus adds a further 30 managed regional jets to NAC’s expanding portfolio, bolstering the combined delivered fleet to a total of 294 aircraft + 48 managed. In addition, the group has a further 74 aircraft on firm order (20 E-Jet, 54 ATR).

    “We have much respect for the work Aldus and its management team have achieved in growing their business these past eight years, building up a portfolio of Embraer 170/175/190 and 195 Jets, flying with prestige airlines in nine countries. Aldus, with its likeminded business ethos, brings much synergy to our business, a win-win for us and our customer base. We hope to receive the relevant regulatory approvals in the coming 2-4 weeks” commented Martin Moller, NAC Chairman.

    Aldus CEO, Steven Gorman, added, “NAC is widely regarded for its dynamic entrepreneurial spirit, responding to the market and investing at the right time. This is a sound development for our company and our employees, and we are looking forward to growing the business with our new partners from NAC and Jetscape.”

    Together with Jetscape, the three combined businesses will support some 169 employees, and going forward, NAC will be able to serve an ever greater customer base with a substantially wider range of lease and associated services.

    For additional information, visit us at www.nac.dk

    Embraer