On 20 August, the company released a press statement announcing the appointment of a new CEO, Patrick de Castelbajac. NORDIC AVIATION CAPITAL INC. Company Number P00000107202 Status Active Incorporation Date 15 November 2000 (over 21 years ago) Company Type Domestic for Profit Jurisdiction Florida (US) Agent Name Nordic Aviation Capital Inc Agent Address 550 S ANDREWS AVE, FORT LAUDERDALE, FL 33301 Embraer's programme to convert pre-owned E190s and E195s from passenger jets to freighters was launched in March. Our Fleet. 550 Andrews Ave, . NAC is the global leader in regional aircraft leasing and financing. Founded in Skive, Denmark in 1990 by Danish aviation entrepreneur Martin Møller, NAC is . Headquarters Regions European Union (EU), Nordic Countries, Scandinavia. Under the terms of its restructuring support agreement (RSA), NAC's debt obligations will be . NORDIC AVIATION CAPITAL appointed Mike Jones as EVP Global Marketing, David Farrell as EVP & Chief Risk Officer, Colin Joyce as EVP Marketing Operations Contents 1 History 2 Fleet 3 Aircraft leasing 3.1 Tarom 4 References 5 External links History See the latest news from Nordic Aviation Capital below. Nordic Aviation Capital AS is planning to file for Chapter 11 bankruptcy this month to carry out its restructuring plan, according to people with knowledge of the . History. Company Type For Profit. 1990. Careers. Download the full reports by clicking on the links below. Aircraft are purchased in the primary and secondary markets and NAC is the largest regional fleet owner and aircraft lessor in the world. Operating Status Active. Officially, NORDIC AVIATION CAPITAL PTE. Likes: 4. NAC is the industry's leading regional aircraft lessor serving almost 70 airlines in approximately 45 countries. 95 were here. NAC as a working place At NAC we are passionate about aviation and we aim . All aircraft are from Lessor's existing portfolio. Nordic Aviation Capital's (NAC) largest creditors are to take control of the heavily indebted aircraft lessor, dealing a blow to the existing shareholders: NAC founder Martin Møller Nielsen, Swedish investment company EQT, Danish investment company Kirkbi and the Singapore Government's investment fund GIC. Nordic Aviation Capital Profile and History . Denmark. Nordic Aviation Capital, which owns a fleet of hundreds of airplanes that it leases to national and regional airlines globally, filed for Chapter 11 reorganization in Richmond's federal court over the weekend. Stratusvej 12, 7190 Billund, Denmark Tel: +45 7651 1200. Annual Report 2019/2020. This deletion debate is now closed. Bluebird Nordic | 951 followers on LinkedIn. At the Heart of Regional Aviation | Nordic Aviation Capital is a global aircraft leasing company dedicated to the worldwide sale, purchasing and financing of commercial jet and turboprop aircraft. NAC's fleet of 475 aircraft includes ATR 42, ATR 72 . Detail-orientated with excellent written/oral communication skills. Nordic Aviation Capital, which owns a fleet of hundreds of airplanes that it leases to national and regional airlines globally, filed for Chapter 11 reorganization in Richmond's federal court over the weekend. Our People. Find company research, competitor information, contact details & financial data for Nordic Aviation Capital Inc. of Fort Lauderdale, FL. About Nordic Aviation Capital NAC is the industry's leading regional aircraft lessor serving almost 70 airlines in approximately 45 countries. About Nordic Aviation Capital. DOCKET TEXT. Payroll Specialist Aldi Ireland Aug 2016 - Sep 2021 5 years 2 months. Started Operations. ACCA. For 30 years NACs team of industry experts have been providing flexible, customised and competitive aviation solutions to airlines globally. Photo date: 2022-04-24. Nordic Aviation Capital. NAC's fleet of 475 aircraft includes ATR 42, ATR 72,. The Company current operating status is live and has been operating for 1241781395. Saddled with more than $6 billion in debt, it's at least the ninth big out-of-town corporation to bring its complex bankruptcy . About Nordic Aviation Capital. PFA Holding (PFA) is Denmark's largest pension company PFA has lost DKK 3 billion in an investment in Nordic Aviation Capital (NAC), a regional aircraft leasing company. Senior Vice President and Legal Counsel GECAS Feb 2018 - Apr 2022 4 years 3 months. National University of Ireland, Galway. Annual Reports. A Nordic Aviation Capital az áruszállítóvá alakított E-Jetek első vevője. The terms of the RSA establish the framework for a consensual financial restructuring that will restructure Nordic Aviation Capital's debt obligations and provide additional capital through a new . Get the latest business insights from Dun & Bradstreet. A world-leading aircraft leasing company, Nordic Aviation serves 75 airlines in over 50 countries. NAC's current fleet of almost 500 aircraft includes . Nordic Aviation Capital (NAC) Airline Full Name. Media Contact Eva Ferguson Phone: +35361432400 marketing@nac.dk Ireland. filed a chapter 11 bankruptcy case on 12-19-2021. Nordic Aviation Capital ("NAC"), the world's largest regional aircraft lessor and the sixth largest commercial aircraft lessor, has filed for bankruptcy seeking to restructure its debt under chapter 11 of the bankruptcy code. One of the world's largest aircraft leasing company filed for Chapter 11 as it seeks to restructure its finances for the second time since the beginning of the pandemic. 2022.05.10. Up to date docket information and all documents are available online. A US court has approved Limerick-based Nordic Aviation Capital 's restructuring plan to reduce the firm's total outstanding debt by at least $4.1 billion after gaining the consent of Nordic's existing equity holders and nearly 100% of voting creditors who were in favor of the "Plan." Peter J. Barrett Kutak Rock L.L.P. Nordic Aviation Capital, a regional aircraft lessor, appointed Norman C.T. Duties and Responsibilities: - Process high volume monthly payroll (in excess of 1,800 employees). Report this profile Experience GVP & Associate General Counsel Nordic Aviation Capital May 2022 - Present 1 month. Aviation Capital Group Buys 20 A220s & 40 A320s. Founded Date 1990. However, it was hit hard by the pandemic as passenger numbers slumped . Country. Founders Martin Møller. Nordic Aviation files for Chapter 11 December 21, 2021 in Bankruptcy/Restructuring BY Fraser Tennant One of the world's largest aircraft leasing companies Nordic Aviation Capital (NAC), together with its subsidiaries, has filed for Chapter 11 bankruptcy in order to implement a financial restructuring plan. Liu its new president, effective immediately.Liu was previously president of GE Capital Aviation Services between 2009 and 2016 and its chairman in 2016. December 8, 2021, 7:14 AM PST. NORDIC AVIATION CAPITAL is an ACRA-registered entity that has been operating for 13 years in Singapore since its incorporation in 2009. Nordic Aviation Capital serves customers worldwide. The work is to be carried out by the Brazilian manufacturer. Brazilian Commercial aircraft manufacturer Embraer has named regional aircraft leasing company Nordic Aviation Capital (NAC) as the launch lessor for its E-Jet Passenger-to-Freighter (P2F) conversion programme. Sector Services Country Ireland About Nordic Aviation Capital. Chapter 15 Petition for Recognition of a Foreign Main Proceeding in Ireland by Søren Martin Overgaard, of Denmark, as the Foreign Representative of Nordic Aviation Capital Designated Activity Company, described as "the world's largest regional aircraft lessor and fifth largest commercial aircraft lessor on the basis of number of aircraft … with offices in Denmark, Ireland, Singapore . The work is to be carried out by the Brazilian manufacturer. Cargo airline operating own cargo flights, charter flights and wet lease. NORDIC AVIATION CAPITAL DESIGNATED AC. The company provides aircraft to well-established carriers such as British Airways, Air Canada, LOT, Azul, Lufthansa, Garuda, Flybe, Aeroméxico and airBaltic as well as major regional carriers including Air . Contact Email sales@nac.dk. NAC is the industry's leading regional aircraft lessor serving almost 70 airlines in approximately 45 countries. Nordic Aviation Capital Salaries trends. 5 salaries for 5 jobs at Nordic Aviation Capital in Limerick, Ireland Area. A megállapodással a NAC, amely a legnagyobb . Nordic Aviation Capital The world's largest regional aircraft leasing company NAC provides leasing and lease management services to airlines and aircraft investors worldwide. Nordic Aviation Capital Designated Activity Company, together with its subsidiaries The lessor Nordic Aviation Capital has up to ten Embraer E190/E195 aircraft converted into cargo aircraft. NAC is the industry's leading regional aircraft lessor serving over 76 airline customers in 51 countries. The address of the Company's registered office is at the BS BENDEMEER CENTRE building. Nordic Aviation Capital. Nordic Aviation Capital A/S operates as an aircraft leasing company. LTD. (the "Company") is a Private Company Limited by Shares, incorporated on 8 May 2009 (Friday) in Singapore. Our ambition is to be the globally preferred lessor and supplier of . Management + Government Europe TJLX SFO Our Fleet. | Bluebird Nordic was established in 1999 by a group of local businesses and individuals with a solid background in aviation and airfreight. Nordic Aviation Capital (NAC), największy lessor samolotów regionalnych, zostanie pierwszym leasingodawcą samolotów Embraer E-Jet Passenger to Freight (P2F). All aircraft are from Lessor's existing portfolio. Its fleet totals about 500 aircraft. #attheheartofregionalaviation Elix Aviation Capital . Nordic Aviation Capital Plans To Leave Chapter 11 By The End Of May. We have an energetic, committed and dedicated team of individuals with a proven track record. With a focus on providing in-demand, fuel efficient and young aircraft to our clients, we have built up a fleet of over 500 aircraft. PFA made a loan to NAC back . No results match "". Get the latest business insights from Dun & Bradstreet. Our people are the cornerstone of our success. Nordic Aviation Capital Designated Activity Company, together with its subsidiaries ("NAC" or the "Company"), the world's largest regional aircraft lessor, today announced that it has entered into . NAC's fleet of 475 aircraft includes ATR 42, ATR 72, De Havilland Dash 8, Mitsubishi CRJ900/1000, Airbus A220 and Embraer E-Jet family aircraft. Engine Leasing. About Nordic Aviation Capital NAC is the industry's leading regional aircraft lessor serving almost 70 airlines in approximately 45 countries. However, it was hit hard by the pandemic as passenger numbers slumped . This Company's principal activity . Nordic Aviation Capital | 13,278 followers on LinkedIn. In May 2015, it was announced that Nordic Global Airlines would cease operations by the end of May 2015 "due to economic considerations regarding . USA. It was owned by Finnair (40%), Daken Capital Partners (29%), Neff Capital Management (20%) and Ilmarinen Mutual Insurance Company (11%).. Nordic Aviation Capital pays an average hourly rate of $313 and hourly wages range from a low of $273 to a high of $359. Nordic Aviation Capital's (NAC) largest creditors are to take control of the heavily indebted aircraft lessor, dealing a blow to the existing shareholders: NAC founder Martin Møller Nielsen, Swedish investment company EQT, Danish investment company Kirkbi and the Singapore Government's investment fund GIC. April 20, 2022 Credit: Airbus Regional aircraft lessor Nordic Aviation Capital (NAC) has secured court approval for its restructuring plan, placing the company on track to exit U.S. Chapter 11. Based on disclosures provided in Nordic Aviation's first day filings, a summary of the company's capital structure and . Uploaded: 2022-04-24. Find company research, competitor information, contact details & financial data for Nordic Aviation Capital Inc. of Fort Lauderdale, FL. From the beginning Bluebird Nordic has provided service to major airlines, express companies and parcel services. The first conversion cargo aircraft are to be handed over to Nordic Aviation Capital from 2024. The docket was last checked on 04-20-2022 at 13:40 GMT. Nordic Aviation Capital will exit restructuring with more than 350 aircraft on lease to customers. Its fleet totals about 500 aircraft. Salaries posted anonymously by Nordic Aviation Capital employees in Limerick, Ireland Area. Limerick, County Limerick, Ireland Payroll Administrator Stryker Oct 2021 - May 2022 8 months. By Charlotte Seet Apr 20, 2022. Last Order Of 2021? NORDIC AVIATION CAPITAL PTE. Nordic Aviation Capital (NAC) is the largest lessor in the world of regional aircraft. Nordic Aviation Capital entered into a restructuring support agreement with its equity holders and lenders holding more than 73% of the company's approximately $6.3 billion in debt obligations. NAC is the industry's leading regional aircraft lessor serving almost 70 airlines in approximately 45 countries. NAC is the global leader in regional aircraft leasing and financing. Gardens International, Henry Street, Limerick City, Ireland Tel: +353 61 432 400. Saddled with more than $6 billion in debt, it's at least the ninth big out-of-town corporation to bring its complex bankruptcy . Company Update. NAC is the world's largest independent regional aircraft trading and leasing company. Nordic Aviation Capital, the "world's largest regional aircraft lessor," and several affiliates filed petitions for chapter 11 in the U.S. Bankruptcy Court for the Eastern District of Virginia on Friday, Dec. 17. Az Embraer és a Nordic Aviation Capital (NAC) megállapodott összesen maximum tíz E190 és E195 repülőgép áruszállítóvá alakításáról a brazil gyártó tavasszal bejelentett programjában. . Nordic Aviation Capital Mar 2022 - Present 3 months. Nordic Aviation Capital A/S. Nordic Aviation Capital (NAC), the world's largest lessor of regional aircraft, has reported a US$2.36 billion loss, due largely to a write down in the value of its aircraft assets, and it has outlined a plan to restructure its debt obligations, which involves creditors turning debt into equity in the business. If the problem persists, please call (646) 282-2400. The lessor Nordic Aviation Capital has up to ten Embraer E190/E195 aircraft converted into cargo aircraft. Annual Report 2018/2019. ノルディック・アビエーション・キャピタル(Nordic Aviation Capital, NAC)は、主にターボプロップ機の購入と販売、リースを行うアイルランドの企業。 NACは世界5か国に事務所を開設しており、2020年時点でのコミューター航空会社向け機体の保有数は500機以上 、50か国75以上の顧客との取引があり . Bankruptcy petitions were filed by NAC and over 100 affiliated debtors. Nordic Aviation Capital (NAC) is pleased to confirm that it has delivered one Embraer E190, MSN 19000070, to Breeze Airways on lease. About Nordic Aviation Capital. Contact. Phone Number 45 76 51 12 00. NAC's fleet includes ATR 42, ATR 72, De Havilland . NAC and its affiliated debtors filed for . About Nordic Aviation Capital NAC is the industry's leading regional aircraft lessor serving almost 70 airlines in approximately 45 countries. NAC owns the world's largest fleet of regional aircraft. Founded. NORDIC AVIATION CAPITAL has US Bankruptcy Court approval for its Plan of Reorganization and expects to emerge from Chapter 11 in May; Plan will reduce NAC's total outstanding debt by $4.1b and . The airline also offer . LTD. is registered as Private Limited Company with its address in District 12 (Balestier, Toa Payoh, Serangoon), primarily operates in the sector of "MANAGEMENT . Nordic Aviation Capital (NAC) becomes the launch lessor for Embraer's E-Jet P2F - Passenger-to-Freighter - program. Please do not make any edits to this archive. Private equity firm EQT has put Denmark-based Nordic Aviation Capital (NAC), the world's largest regional aircraft lessor, up for sale just 2-1/2 years after buying a majority stake in the company . NAC as a working place At NAC we are passionate about aviation and we aim . NAC's current fleet of almost 500 aircraft includes ATR 42, ATR 72, De Havilland Dash 8, Mitsubishi CRJ900/1000, Airbus A220 and Embraer E-Jet family aircraft. Denmark-based Nordic. NAC's fleet includes ATR 42, ATR 72, De Havilland Dash 8, Mitsubishi CRJ900/1000, Airbus A220 and Embraer E-Jet family aircraft. Financials. One of the world's largest aircraft leasing companies Nordic Aviation Capital (NAC), together with its subsidiaries, has filed for Chapter 11 bankruptcy in order to implement a financial restructuring plan. The lessor has filed four separate U.S. Chapter 11 bankruptcy cases covering its core business and three affiliates. NAC has a strong and well-diversified capital structure to fund the growth of the business. limerick, ireland, april 19, 2022 /prnewswire/ -- nordic aviation capital designated activity company ("nac" or the "company") announced today that the u.s. bankruptcy court for the eastern. Nordic Aviation Capital (NAC) is an aircraft leasing company with offices in Ireland, Denmark, Singapore, Hong Kong, Beijing, Toronto and Fort Lauderdale, Florida. 2 Oct 2008. Primera Air — датская авиакомпания, принадлежащая группе Primera Travel (в состав которой также входят компании Solresor, Bravo Tours, Lomamatkat, Heimsferðir и Solia).Её первоочередной задачей является оказание услуг по организации авиаперелётов на . Nordic Aviation Capital | 13,278 followers on LinkedIn. Nordic Aviation Capital (NAC) is the largest lessor in the world of regional aircraft. Nordic Aviation files for Chapter 11. Nordic Aviation Capital is the first large aircraft leasing company to be engaged in a corporate restructuring due to Covid-19. You can read the deletion policy or ask a question at the Village pump.If the circumstances surrounding this file have changed in a notable manner, you may re-nominate this file or ask for it to be undeleted. Every year NAC issues an annual report charting its activities and detailed accounts for the year. NORDIC AVIATION CAPITAL filed Chapter 11 in US Bankruptcy Court and entered into a restructuring support agreement with its equityholders and lenders holding >73% of its $6.3b in debt obligations . Our Clients. Last Funding Type Private Equity. The first conversion cargo aircraft are to be handed over to Nordic Aviation Capital from 2024. Brazilian Commercial aircraft manufacturer Embraer has named regional aircraft leasing company Nordic Aviation Capital (NAC) as the launch lessor for its E-Jet Passenger-to-Freighter (P2F) conversion programme. Nordic Aviation Capital is the fifth largest aircraft leasing company in the world, it provides leasing and lease management services to airlines and aircraft investors worldwide. Embraer's programme to convert pre-owned E190s and E195s from passenger jets to freighters was launched in March. 901 East Byrd Street Suite 1000 Richmond, VA 23219-4071 804-644-1700 Fax : 804-783-6192 Email: peter.barrett@kutakrock.com Michael A. Condyles Kutak Rock LLP Denmark-based aircraft leasing company Nordic Aviation Capital (NAC) has signed an agreement to be a launch customer for Embraer's (NYSE: ERJ) first passenger-to-freighter converted E-Jets. Ltd. 20 Bendemeer Road #03-12 339914 OUTSIDE U. S. Represented By. News and press. This is the first aircraft to deliver as part of a fifteen E190 aircraft lease agreement made with Breeze Airways. Nordic Aviation Capital First Major Lessor to Restructure Due to Pandemic Edward Russell December 20, 2021 Nordic Aviation Capital (NAC) became the first major leasing company to restructure owing to the Covid-19 pandemic. Our People. Regional aircraft leasing specialist Nordic Aviation Capital (NAC) reported "substantial progress" in its financial restructuring program, which will include creditors participating in a debt . Nordic Aviation Capital Pte. Founded in Denmark in 1990, NAC is the world's largest independently owned aircraft leasing company with close to 300 aircraft in its portfolio. OY-YDO photos. Report this profile About A confident, multi-skilled and capable Junior Accountant with experience in diverse industries and who thrives on using initiative and taking responsibility. Denmark. Liu has been a senior advisor to Nordic Aviation Capital since 2019 after a 22-year tenure in senior executive positions, including executive vice president of . At the Heart of Regional Aviation | Nordic Aviation Capital is a global aircraft leasing company dedicated to the worldwide sale, purchasing and financing of commercial jet and turboprop aircraft. The Company offers operating and finance leases, sales, and leaseback services. NORDIC AVIATION CAPITAL earned US$686m for year ended June 30 on 2% higher lease revenues vs a year ago, ending year with owned/managed/committed fleet of 561 aircraft. Individual pay rates will, of course, vary depending on the job, department, location, as well as the individual skills and education of each employee. Aircraft: ATR 72-212A (600) Serial #: 1334. NAC focuses on regional aircraft, mainly turboprop, serving 40+ customers worldwide. Nordic Aviation Capital (NAC) Airline: Nordic Aviation Capital (NAC) Reg: OY-YDO photos. 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