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Nordic Aviation Capital
Nordic Aviation Capital (NAC) was the world leader in regional aircraft leasing and expanded into larger narrow body aircraft as well. NAC was headquartered in Ireland, with offices in Singapore, Denmark, Dubai and Toronto. It had over 60 customers in over 40 countries. The firm was merged with Dubai Aerospace in May 2025. History NAC was founded on October 15, 1990, in Denmark, focusing on turboprop leasing for its first 25 years. From 2015 to 2020, it doubled its fleet principally by expanding into regional jets. By January 2020, the Company moved to a new headquarters in Ireland and its fleet value peaked at about $7 billion, with over 500 aircraft owned, managed, and committed. At this point, NAC was by far the world’s largest regional aircraft lessor. Due to the COVID-19 pandemic, lack of adequate equity and substantial portfolio issues, NAC underwent a major financial restructuring commencing in December 2021 with a chapter 11 filing. Norman Liu, a longtime aviation f ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Privately Held Company
A privately held company (or simply a private company) is a company whose Stock, shares and related rights or obligations are not offered for public subscription or publicly negotiated in their respective listed markets. Instead, the Private equity, company's stock is offered, owned, traded or exchanged privately, also known as "over-the-counter (finance), over-the-counter". Related terms are unlisted organisation, unquoted company and private equity. Private companies are often less well-known than their public company, publicly traded counterparts but still have major importance in the world's economy. For example, in 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for $1.8 trillion in revenues and employed 6.2 million people, according to ''Forbes''. In general, all companies that are not owned by the government are classified as private enterprises. This definition encompasses both publ ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Aircraft Lease
Aircraft leases are leases used by airlines and other aircraft operators. Airlines lease aircraft from other airlines or leasing companies for two main reasons: to operate aircraft without the financial burden of buying them, as well as to provide temporary increase in capacity. The industry has two main leasing types: wet-leasing, which is normally used for short-term leasing, and dry-leasing which is more normal for longer-term leases. The industry also uses combinations of wet and dry. For example, when the aircraft is wet-leased to establish new services, then as the airline's flight or cabin crews become trained, they can be switched to a dry lease. In some markets, there may also be hybrid models, such as with crew provided by lessees. Market Operating leases of jet airliner accounted for less than 2% of the fleet in 1976, then 15% in the early 1990s, 25% in 2000 and 40% in 2017, with lessors involved in 62% of second hand mid-life aircraft transactions since 2000: 42% in ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Singapore
Singapore, officially the Republic of Singapore, is an island country and city-state in Southeast Asia. The country's territory comprises one main island, 63 satellite islands and islets, and one outlying islet. It is about one degree of latitude () north of the equator, off the southern tip of the Malay Peninsula, bordering the Strait of Malacca to the west, the Singapore Strait to the south along with the Riau Islands in Indonesia, the South China Sea to the east, and the Straits of Johor along with the State of Johor in Malaysia to the north. In its early history, Singapore was a maritime emporium known as '' Temasek''; subsequently, it was part of a major constituent part of several successive thalassocratic empires. Its contemporary era began in 1819, when Stamford Raffles established Singapore as an entrepôt trading post of the British Empire. In 1867, Singapore came under the direct control of Britain as part of the Straits Settlements. During World ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Denmark
Denmark is a Nordic countries, Nordic country in Northern Europe. It is the metropole and most populous constituent of the Kingdom of Denmark,, . also known as the Danish Realm, a constitutionally unitary state that includes the Autonomous administrative division, autonomous territories of the Faroe Islands and Greenland in the north Atlantic Ocean.* * * Metropolitan Denmark, also called "continental Denmark" or "Denmark proper", consists of the northern Jutland peninsula and an archipelago of 406 islands. It is the southernmost of the Scandinavian countries, lying southwest of Sweden, south of Norway, and north of Germany, with which it shares a short border. Denmark proper is situated between the North Sea to the west and the Baltic Sea to the east.The island of Bornholm is offset to the east of the rest of the country, in the Baltic Sea. The Kingdom of Denmark, including the Faroe Islands and Greenland, has roughly List of islands of Denmark, 1,400 islands greater than in ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Dubai
Dubai (Help:IPA/English, /duːˈbaɪ/ Help:Pronunciation respelling key, ''doo-BYE''; Modern Standard Arabic, Modern Standard Arabic: ; Emirati Arabic, Emirati Arabic: , Romanization of Arabic, romanized: Help:IPA/English, /diˈbej/) is the List of cities in the United Arab Emirates#Major cities, most populous city in the United Arab Emirates and the capital of the Emirate of Dubai. It is located on a Dubai Creek, creek on the south-eastern coast of the Persian Gulf, Persian Gulf. As of 2025, the city population stands at 4 million, 92% of whom are Expatriates in the United Arab Emirates, expatriates. The wider urban area includes Sharjah and has a population of 5 million people as of 2023,https://www.demographia.com/db-worldua.pdf while the Dubai–Sharjah–Ajman metropolitan area counts 6 million inhabitants. Founded in the early 18th century as a Cultured pearl, pearling and fishing settlement, Dubai became a regional trade hub in the 20th century after declaring itself a f ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Toronto
Toronto ( , locally pronounced or ) is the List of the largest municipalities in Canada by population, most populous city in Canada. It is the capital city of the Provinces and territories of Canada, Canadian province of Ontario. With a population of 2,794,356 in 2021, it is the List of North American cities by population, fourth-most populous city in North America. The city is the anchor of the Golden Horseshoe, an urban agglomeration of 9,765,188 people (as of 2021) surrounding the western end of Lake Ontario, while the Greater Toronto Area proper had a 2021 population of 6,712,341. As of 2024, the census metropolitan area had an estimated population of 7,106,379. Toronto is an international centre of business, finance, arts, sports, and culture, and is recognized as one of the most multiculturalism, multicultural and cosmopolitanism, cosmopolitan cities in the world. Indigenous peoples in Canada, Indigenous peoples have travelled through and inhabited the Toronto area, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Dubai Aerospace
Dubai Aerospace Enterprise Ltd (DAE) () is a globally recognized aviation services corporation with two divisions: DAE Capital and DAE Engineering. Headquartered in Dubai, DAE serves over 200 airline customers in over 85 countries from its eight office locations in Dubai, Dublin, Limerick, Amman, Singapore, Miami, New York, and Seattle. DAE Engineering Located at the Queen Alia International Airport in Amman-Jordan, DAE Engineering provides regional MRO services to customers in Europe, Middle East, Africa, and South Asia from its state-of-the-art facility in Amman, Jordan, accommodating up to 17 wide and narrow body aircraft. It is authorized to work on 15 aircraft types and has regulatory approval from over 25 regulators globally. DAE Capital DAE Capital is the largest aircraft leasing firm in the Middle East. DAE Capital is an aircraft lessor with an owned, managed, and committed fleet of approximately 750 Airbus, ATR, Embraer, and Boeing aircraft with a fleet value of US$22 bill ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Turboprop
A turboprop is a Gas turbine, gas turbine engine that drives an aircraft Propeller (aeronautics), propeller. A turboprop consists of an intake, reduction drive, reduction gearbox, gas compressor, compressor, combustor, turbine, and a propelling nozzle. Air enters the intake and is compressed by the compressor. Fuel is then added to the compressed air in the combustor, where the Fuel mixture, fuel-air mixture then Combustion, combusts. The hot combustion gases expand through the turbine stages, generating power at the point of exhaust. Some of the power generated by the turbine is used to drive the compressor and electric generator. The gases are then exhausted from the turbine. In contrast to a turbojet or turbofan, the engine's exhaust gases do not provide enough power to create significant thrust, since almost all of the engine's power is used to drive the propeller. Technological aspects Exhaust thrust in a turboprop is sacrificed in favor of shaft power, which is obtaine ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
ATR (aircraft Manufacturer)
ATR (, ) is a Franco- Italian aircraft manufacturer headquartered in Blagnac, France, a suburb of Toulouse. The company was founded in 1981 as a joint venture (known as an Economic Interest Group or GIE under French law) between Aérospatiale of France (now Airbus) and Aeritalia (now Leonardo) of Italy. Its main products are the ATR 42 and ATR 72 aircraft. ATR has sold more than 1,700 aircraft and has over 200 operators in more than 100 countries. Manufacturing Leonardo's manufacturing facilities in Pomigliano d'Arco, near Naples, Italy, produce the aircraft's fuselage and tail sections. Aircraft wings are assembled at Sogerma in Bordeaux in western France by Airbus France. Final assembly, flight-testing, certification and deliveries are the responsibility of ATR in Toulouse, France. History 1980s During the 1960s and 1970s, European aircraft manufacturers had, for the most part, undergone considerable corporate restructuring, including mergers and consolidations, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Airbus A220
The Airbus A220 is a family of five-abreast narrow-body airliners by Airbus Canada Limited Partnership (ACLP). It was originally developed by Bombardier Aviation and had two years in service as the Bombardier CSeries. The program was launched on 13 July 2008. The smaller A220-100 (formerly CS100) Maiden flight, first flew on 16 September 2013, received an initial type certificate from Transport Canada on 18 December 2015, and entered service on 15 July 2016 with launch operator Swiss Global Air Lines. The longer A220-300 (formerly CS300) first flew on 27 February 2015, received an initial type certificate on 11 July 2016, and entered service with airBaltic on 14 December 2016. Both launch operators recorded better-than-expected fuel burn and dispatch reliability, as well as positive feedback from passengers and crew. In July 2018, the aircraft was rebranded as the A220 after Airbus acquired a majority stake in the programme through a joint venture that became ACLP in June 20 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Boeing 737
The Boeing 737 is an American narrow-body aircraft, narrow-body aircraft produced by Boeing at its Boeing Renton Factory, Renton factory in Washington (state), Washington. Developed to supplement the Boeing 727 on short and thin routes, the twinjet retained the Boeing 707, 707 fuselage width and six abreast seating but with two underwing Pratt & Whitney JT8D low-bypass turbofan engines. Envisioned in 1964, the initial 737-100 made its first flight in April 1967 and entered service in February 1968 with Lufthansa. The lengthened 737-200 entered service in April 1968, and evolved through four generations, offering several variants for 85 to 215 passengers. The First Generation 737-100/200 variants were powered by Pratt & Whitney JT8D low-bypass turbofan engines and offered seating for 85 to 130 passengers. Launched in 1980 and introduced in 1984, the Second Generation Boeing 737 Classic, 737 Classic -300/400/500 variants were re-engine, upgraded with more fuel-efficient CFM In ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Airbus A320 Family
The Airbus A320 family is a series of narrow-body airliners developed and produced by Airbus. The A320 was launched in March 1984, first flew on 22 February 1987, and was introduced in April 1988 by Air France. The first member of the family was followed by the stretched A321 (first delivered in January 1994), the shorter A319 (April 1996), and the shortest variant, the A318 (July 2003). Final assembly takes place in Toulouse in France; Hamburg in Germany; Tianjin in China since 2009; and Mobile, Alabama, in the United States since April 2016. The twinjet has a six-abreast economy cross-section and came with either CFM56-5A or -5B, or IAE V2500 turbofan engines, except the A318. The A318 has either two CFM56-5B engines or a pair of PW6000 engines in place of the IAE V2500. The family pioneered the use of digital fly-by-wire and side-stick flight controls in airliners. Variants offer maximum take-off weights from , to cover a range. The 31.4 m (103 ft) ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
