Nordic Aviation Capital to Acquire 19 E190s from Delta

By Linda Blachly, ATW Daily News

Danish lessor Nordic Aviation Capital (NAC) has agreed to purchase 19 Embraer E190 aircraft from U.S.-based Delta Air Lines. This new acquisition will bring NAC's fleet to 357 aircraft, which includes 89 Embraer and Bombardier regional jet aircraft. The transaction is expected to close by the end of 2016.

"We are investing heavily in growing the business both organically and through strategic acquisitions such as this one with Delta Air Lines," NAC chairman Martin Moller said. "NAC's investment in this attractive portfolio of aviation assets underlines our confidence in the long-term growth prospects of the regional jet market. We have already agreed to sell two of these aircraft and have prospective clients for all remaining aircraft."