{"id":180835,"date":"2025-01-13T16:20:39","date_gmt":"2025-01-13T16:20:39","guid":{"rendered":"https:\/\/www.aviationbusinessnews.com\/?p=180835"},"modified":"2025-01-13T17:01:38","modified_gmt":"2025-01-13T17:01:38","slug":"dae-to-acquire-lessor-nordic-aviation-capital","status":"publish","type":"post","link":"https:\/\/www.aviationbusinessnews.com\/low-cost\/dae-to-acquire-lessor-nordic-aviation-capital\/","title":{"rendered":"DAE to acquire lessor Nordic Aviation Capital"},"content":{"rendered":"

Dubai Aerospace Enterprise has announced the signing of a definitive agreement to acquire 100% of Nordic Aviation Capital group of companies. Terms of the transaction were not disclosed.<\/p>\n

As of September 2024, NAC\u2019s fleet comprised of 252 owned and committed assets on lease to approximately 60 airline customers in approximately 40 countries.<\/p>\n

On a pro forma basis, DAE Capital\u2019s fleet will comprise of approximately 750 owned, managed and committed aircraft with a total value of approximately US$22 billion on lease to approximately 170 airline customers in approximately 70 countries.<\/p>\n

READ:\u00a0AerCap to lease six new A320neos family aircraft to Azerbaijan Airlines<\/a><\/strong><\/p>\n

Firoz Tarapore, Chief Executive Officer of DAE, commented, \u201cWe are delighted at this opportunity to add NAC\u2019s capabilities, complementary market presence, and people to our platform. This transaction will allow us to provide more cost-effective solutions to a larger group of customers.\u201d<\/p>\n

The transaction will be capitalised and funded by internal resources and committed debt financing. This means that DAE\u2019s leverage and funding metrics will remain within the levels consistent with with its credit ratings. The transaction is subject to required regulatory approvals and approval of the shareholders of NAC Holdings Limited and is expected to be completed in the first half of 2025.<\/p>\n

DAE was advised by Allen Overy Shearman Sterling LLP and KPMG.<\/p>\n","protected":false},"excerpt":{"rendered":"

Dubai Aerospace Enterprise has announced the signing of a definitive agreement to acquire 100% of Nordic Aviation Capital group of companies.<\/p>\n","protected":false},"author":123,"featured_media":180836,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[36,37,38,35,1672,40],"tags":[3835,2266,885],"class_list":["post-180835","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-aircraft-oems","category-airlines-airports","category-engines-maintenance","category-low-cost","category-regional-news","category-regional-review","tag-acquisitions","tag-dae","tag-nordic-aviation-capital"],"yoast_head":"\nDAE to acquire lessor Nordic Aviation Capital - Aviation Business News<\/title>\n<meta name=\"description\" content=\"DAE to acquire lessor Nordic Aviation Capital - Dubai Aerospace Enterprise has announced the signing of a definitive agreement to acquire 100% of Nordic Aviation Capital group of companies. Terms of the\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.aviationbusinessnews.com\/low-cost\/dae-to-acquire-lessor-nordic-aviation-capital\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"DAE to acquire lessor Nordic Aviation Capital - Aviation Business News\" \/>\n<meta property=\"og:description\" content=\"DAE to acquire lessor Nordic Aviation Capital - Dubai Aerospace Enterprise has announced the signing of a definitive agreement to acquire 100% of Nordic Aviation Capital group of companies. Terms of the\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.aviationbusinessnews.com\/low-cost\/dae-to-acquire-lessor-nordic-aviation-capital\/\" \/>\n<meta property=\"og:site_name\" content=\"Aviation Business News\" \/>\n<meta property=\"article:published_time\" content=\"2025-01-13T16:20:39+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-01-13T17:01:38+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.aviationbusinessnews.com\/resources\/uploads\/2025\/01\/DAE-ATR72-600-16x9-1-1200x675-1.webp\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"675\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/webp\" \/>\n<meta name=\"author\" content=\"Greg Whitaker\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Greg Whitaker\" \/>\n\t<meta name=\"twitter:label2\" content=\"Estimated reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":[\"Article\",\"NewsArticle\"],\"@id\":\"https:\/\/www.aviationbusinessnews.com\/low-cost\/dae-to-acquire-lessor-nordic-aviation-capital\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.aviationbusinessnews.com\/low-cost\/dae-to-acquire-lessor-nordic-aviation-capital\/\"},\"author\":{\"name\":\"Greg Whitaker\",\"@id\":\"https:\/\/www.aviationbusinessnews.com\/#\/schema\/person\/da34629817670d3da1170f3796f33c75\"},\"headline\":\"DAE to acquire lessor Nordic Aviation Capital\",\"datePublished\":\"2025-01-13T16:20:39+00:00\",\"dateModified\":\"2025-01-13T17:01:38+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.aviationbusinessnews.com\/low-cost\/dae-to-acquire-lessor-nordic-aviation-capital\/\"},\"wordCount\":219,\"publisher\":{\"@id\":\"https:\/\/www.aviationbusinessnews.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/www.aviationbusinessnews.com\/low-cost\/dae-to-acquire-lessor-nordic-aviation-capital\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.aviationbusinessnews.com\/resources\/uploads\/2025\/01\/DAE-ATR72-600-16x9-1-1200x675-1.webp\",\"keywords\":[\"acquisitions\",\"DAE\",\"Nordic Aviation Capital\"],\"articleSection\":[\"Aircraft & OEMs\",\"Airlines & Airports\",\"Engines & Maintenance\",\"Low Cost & Regional\",\"Regional News\",\"Regional Review\"],\"inLanguage\":\"en-GB\",\"copyrightYear\":\"2025\",\"copyrightHolder\":{\"@id\":\"https:\/\/www.aviationbusinessnews.com\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.aviationbusinessnews.com\/low-cost\/dae-to-acquire-lessor-nordic-aviation-capital\/\",\"url\":\"https:\/\/www.aviationbusinessnews.com\/low-cost\/dae-to-acquire-lessor-nordic-aviation-capital\/\",\"name\":\"DAE to acquire lessor Nordic Aviation Capital - Aviation Business News\",\"isPartOf\":{\"@id\":\"https:\/\/www.aviationbusinessnews.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.aviationbusinessnews.com\/low-cost\/dae-to-acquire-lessor-nordic-aviation-capital\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.aviationbusinessnews.com\/low-cost\/dae-to-acquire-lessor-nordic-aviation-capital\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.aviationbusinessnews.com\/resources\/uploads\/2025\/01\/DAE-ATR72-600-16x9-1-1200x675-1.webp\",\"datePublished\":\"2025-01-13T16:20:39+00:00\",\"dateModified\":\"2025-01-13T17:01:38+00:00\",\"description\":\"DAE to acquire lessor Nordic Aviation Capital - Dubai Aerospace Enterprise has announced the signing of a definitive agreement to acquire 100% of Nordic Aviation Capital group of companies. Terms of the\",\"breadcrumb\":{\"@id\":\"https:\/\/www.aviationbusinessnews.com\/low-cost\/dae-to-acquire-lessor-nordic-aviation-capital\/#breadcrumb\"},\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.aviationbusinessnews.com\/low-cost\/dae-to-acquire-lessor-nordic-aviation-capital\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-GB\",\"@id\":\"https:\/\/www.aviationbusinessnews.com\/low-cost\/dae-to-acquire-lessor-nordic-aviation-capital\/#primaryimage\",\"url\":\"https:\/\/www.aviationbusinessnews.com\/resources\/uploads\/2025\/01\/DAE-ATR72-600-16x9-1-1200x675-1.webp\",\"contentUrl\":\"https:\/\/www.aviationbusinessnews.com\/resources\/uploads\/2025\/01\/DAE-ATR72-600-16x9-1-1200x675-1.webp\",\"width\":1200,\"height\":675,\"caption\":\"With this move, DAE substantially increases the number of assets on lease\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.aviationbusinessnews.com\/low-cost\/dae-to-acquire-lessor-nordic-aviation-capital\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.aviationbusinessnews.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"DAE to acquire lessor Nordic Aviation Capital\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.aviationbusinessnews.com\/#website\",\"url\":\"https:\/\/www.aviationbusinessnews.com\/\",\"name\":\"Aviation Business News\",\"description\":\"Latest global aviation news and industry insight\",\"publisher\":{\"@id\":\"https:\/\/www.aviationbusinessnews.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.aviationbusinessnews.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-GB\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/www.aviationbusinessnews.com\/#organization\",\"name\":\"Aviation Business News\",\"url\":\"https:\/\/www.aviationbusinessnews.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-GB\",\"@id\":\"https:\/\/www.aviationbusinessnews.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/www.aviationbusinessnews.com\/resources\/uploads\/2020\/01\/Aviation-Business-News-Logo-header.png\",\"contentUrl\":\"https:\/\/www.aviationbusinessnews.com\/resources\/uploads\/2020\/01\/Aviation-Business-News-Logo-header.png\",\"width\":1105,\"height\":355,\"caption\":\"Aviation Business News\"},\"image\":{\"@id\":\"https:\/\/www.aviationbusinessnews.com\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.aviationbusinessnews.com\/#\/schema\/person\/da34629817670d3da1170f3796f33c75\",\"name\":\"Greg Whitaker\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-GB\",\"@id\":\"https:\/\/www.aviationbusinessnews.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/www.aviationbusinessnews.com\/resources\/uploads\/2023\/07\/cropped-IMG_6236-scaled-1-96x96.jpg\",\"contentUrl\":\"https:\/\/www.aviationbusinessnews.com\/resources\/uploads\/2023\/07\/cropped-IMG_6236-scaled-1-96x96.jpg\",\"caption\":\"Greg Whitaker\"},\"url\":\"https:\/\/www.aviationbusinessnews.com\/author\/gregwhitaker\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"DAE to acquire lessor Nordic Aviation Capital - Aviation Business News","description":"DAE to acquire lessor Nordic Aviation Capital - Dubai Aerospace Enterprise has announced the signing of a definitive agreement to acquire 100% of Nordic Aviation Capital group of companies. Terms of the","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.aviationbusinessnews.com\/low-cost\/dae-to-acquire-lessor-nordic-aviation-capital\/","og_locale":"en_GB","og_type":"article","og_title":"DAE to acquire lessor Nordic Aviation Capital - Aviation Business News","og_description":"DAE to acquire lessor Nordic Aviation Capital - Dubai Aerospace Enterprise has announced the signing of a definitive agreement to acquire 100% of Nordic Aviation Capital group of companies. Terms of the","og_url":"https:\/\/www.aviationbusinessnews.com\/low-cost\/dae-to-acquire-lessor-nordic-aviation-capital\/","og_site_name":"Aviation Business News","article_published_time":"2025-01-13T16:20:39+00:00","article_modified_time":"2025-01-13T17:01:38+00:00","og_image":[{"width":1200,"height":675,"url":"https:\/\/www.aviationbusinessnews.com\/resources\/uploads\/2025\/01\/DAE-ATR72-600-16x9-1-1200x675-1.webp","type":"image\/webp"}],"author":"Greg Whitaker","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Greg Whitaker","Estimated reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":["Article","NewsArticle"],"@id":"https:\/\/www.aviationbusinessnews.com\/low-cost\/dae-to-acquire-lessor-nordic-aviation-capital\/#article","isPartOf":{"@id":"https:\/\/www.aviationbusinessnews.com\/low-cost\/dae-to-acquire-lessor-nordic-aviation-capital\/"},"author":{"name":"Greg Whitaker","@id":"https:\/\/www.aviationbusinessnews.com\/#\/schema\/person\/da34629817670d3da1170f3796f33c75"},"headline":"DAE to acquire lessor Nordic Aviation Capital","datePublished":"2025-01-13T16:20:39+00:00","dateModified":"2025-01-13T17:01:38+00:00","mainEntityOfPage":{"@id":"https:\/\/www.aviationbusinessnews.com\/low-cost\/dae-to-acquire-lessor-nordic-aviation-capital\/"},"wordCount":219,"publisher":{"@id":"https:\/\/www.aviationbusinessnews.com\/#organization"},"image":{"@id":"https:\/\/www.aviationbusinessnews.com\/low-cost\/dae-to-acquire-lessor-nordic-aviation-capital\/#primaryimage"},"thumbnailUrl":"https:\/\/www.aviationbusinessnews.com\/resources\/uploads\/2025\/01\/DAE-ATR72-600-16x9-1-1200x675-1.webp","keywords":["acquisitions","DAE","Nordic Aviation Capital"],"articleSection":["Aircraft & OEMs","Airlines & Airports","Engines & Maintenance","Low Cost & Regional","Regional News","Regional Review"],"inLanguage":"en-GB","copyrightYear":"2025","copyrightHolder":{"@id":"https:\/\/www.aviationbusinessnews.com\/#organization"}},{"@type":"WebPage","@id":"https:\/\/www.aviationbusinessnews.com\/low-cost\/dae-to-acquire-lessor-nordic-aviation-capital\/","url":"https:\/\/www.aviationbusinessnews.com\/low-cost\/dae-to-acquire-lessor-nordic-aviation-capital\/","name":"DAE to acquire lessor Nordic Aviation Capital - Aviation Business News","isPartOf":{"@id":"https:\/\/www.aviationbusinessnews.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.aviationbusinessnews.com\/low-cost\/dae-to-acquire-lessor-nordic-aviation-capital\/#primaryimage"},"image":{"@id":"https:\/\/www.aviationbusinessnews.com\/low-cost\/dae-to-acquire-lessor-nordic-aviation-capital\/#primaryimage"},"thumbnailUrl":"https:\/\/www.aviationbusinessnews.com\/resources\/uploads\/2025\/01\/DAE-ATR72-600-16x9-1-1200x675-1.webp","datePublished":"2025-01-13T16:20:39+00:00","dateModified":"2025-01-13T17:01:38+00:00","description":"DAE to acquire lessor Nordic Aviation Capital - Dubai Aerospace Enterprise has announced the signing of a definitive agreement to acquire 100% of Nordic Aviation Capital group of companies. Terms of the","breadcrumb":{"@id":"https:\/\/www.aviationbusinessnews.com\/low-cost\/dae-to-acquire-lessor-nordic-aviation-capital\/#breadcrumb"},"inLanguage":"en-GB","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.aviationbusinessnews.com\/low-cost\/dae-to-acquire-lessor-nordic-aviation-capital\/"]}]},{"@type":"ImageObject","inLanguage":"en-GB","@id":"https:\/\/www.aviationbusinessnews.com\/low-cost\/dae-to-acquire-lessor-nordic-aviation-capital\/#primaryimage","url":"https:\/\/www.aviationbusinessnews.com\/resources\/uploads\/2025\/01\/DAE-ATR72-600-16x9-1-1200x675-1.webp","contentUrl":"https:\/\/www.aviationbusinessnews.com\/resources\/uploads\/2025\/01\/DAE-ATR72-600-16x9-1-1200x675-1.webp","width":1200,"height":675,"caption":"With this move, DAE substantially increases the number of assets on lease"},{"@type":"BreadcrumbList","@id":"https:\/\/www.aviationbusinessnews.com\/low-cost\/dae-to-acquire-lessor-nordic-aviation-capital\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.aviationbusinessnews.com\/"},{"@type":"ListItem","position":2,"name":"DAE to acquire lessor Nordic Aviation Capital"}]},{"@type":"WebSite","@id":"https:\/\/www.aviationbusinessnews.com\/#website","url":"https:\/\/www.aviationbusinessnews.com\/","name":"Aviation Business News","description":"Latest global aviation news and industry insight","publisher":{"@id":"https:\/\/www.aviationbusinessnews.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.aviationbusinessnews.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-GB"},{"@type":"Organization","@id":"https:\/\/www.aviationbusinessnews.com\/#organization","name":"Aviation Business News","url":"https:\/\/www.aviationbusinessnews.com\/","logo":{"@type":"ImageObject","inLanguage":"en-GB","@id":"https:\/\/www.aviationbusinessnews.com\/#\/schema\/logo\/image\/","url":"https:\/\/www.aviationbusinessnews.com\/resources\/uploads\/2020\/01\/Aviation-Business-News-Logo-header.png","contentUrl":"https:\/\/www.aviationbusinessnews.com\/resources\/uploads\/2020\/01\/Aviation-Business-News-Logo-header.png","width":1105,"height":355,"caption":"Aviation Business News"},"image":{"@id":"https:\/\/www.aviationbusinessnews.com\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/www.aviationbusinessnews.com\/#\/schema\/person\/da34629817670d3da1170f3796f33c75","name":"Greg Whitaker","image":{"@type":"ImageObject","inLanguage":"en-GB","@id":"https:\/\/www.aviationbusinessnews.com\/#\/schema\/person\/image\/","url":"https:\/\/www.aviationbusinessnews.com\/resources\/uploads\/2023\/07\/cropped-IMG_6236-scaled-1-96x96.jpg","contentUrl":"https:\/\/www.aviationbusinessnews.com\/resources\/uploads\/2023\/07\/cropped-IMG_6236-scaled-1-96x96.jpg","caption":"Greg Whitaker"},"url":"https:\/\/www.aviationbusinessnews.com\/author\/gregwhitaker\/"}]}},"_links":{"self":[{"href":"https:\/\/www.aviationbusinessnews.com\/wp-json\/wp\/v2\/posts\/180835","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.aviationbusinessnews.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.aviationbusinessnews.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.aviationbusinessnews.com\/wp-json\/wp\/v2\/users\/123"}],"replies":[{"embeddable":true,"href":"https:\/\/www.aviationbusinessnews.com\/wp-json\/wp\/v2\/comments?post=180835"}],"version-history":[{"count":1,"href":"https:\/\/www.aviationbusinessnews.com\/wp-json\/wp\/v2\/posts\/180835\/revisions"}],"predecessor-version":[{"id":180837,"href":"https:\/\/www.aviationbusinessnews.com\/wp-json\/wp\/v2\/posts\/180835\/revisions\/180837"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.aviationbusinessnews.com\/wp-json\/wp\/v2\/media\/180836"}],"wp:attachment":[{"href":"https:\/\/www.aviationbusinessnews.com\/wp-json\/wp\/v2\/media?parent=180835"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.aviationbusinessnews.com\/wp-json\/wp\/v2\/categories?post=180835"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.aviationbusinessnews.com\/wp-json\/wp\/v2\/tags?post=180835"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}