Nordic Aviation
About Us

Founded in Skive, Denmark in 1990 by Danish entrepreneur Martin Møller Nielsen, NAC is the world’s largest independently owned regional aircraft leasing company.

At its inception, NAC leased aircraft for humanitarian aid and supplies to remote areas before focusing on regional commercial airlines, chiefly in Europe and North America then throughout the Asia, South America, Middle East, Russia, and Africa.

Today

With Søren M. Overgaard as CEO, the group has offices based in Denmark, Ireland, UK, Canada, US and Singapore. Additional representatives are located in Switzerland, France, South Africa and Hong Kong.

Our team at NAC team possesses a combined total of over 500 years’ experience in the aviation industry. This expertise is channeled through departmental business teams comprising Legal, Lease Management, Accounting, IT, Sales and Marketing, Funding, and Technical.

Company Timeline

1990

NAC launched in Skive, Denmark and established itself as a reputable, skilled and reliable provider of its specialised service

1993

NAC completed a major transaction with ING Bank. The company purchased 30 Cessna Caravan II Aircraft. All the aircraft were sold or leased and in 1996 NAC purchased the remaining II Aircraft

1996

NAC became a LLC with one owner: Founder and Chairman of the Board, Martin Møller Nielsen. NAC has managed to increase its profit consecutively since 1996

2000

Ever-evolving, NAC started focusing on turboprops larger than 30 seats

2001

NAC purchased their first ATR42 aircraft – a larger type of aircraft than those previously dealt with

2004

NAC moved to the second-largest airport in Billund, Denmark. The biggest transaction of the year was the purchase of 7 ATR aircraft from Magellan. This was also the year we opened our office in Shannon, Ireland

2005

NAC obtained easa part-145 certification permitting it to perform in-house maintenance on all major turboprop aircraft types

2008

In corporation with Kirk Kapital A/S purchased a fleet of 39 ATR 72 aircraft on lease to American Eagle. By this year NAC had grown its fleet to 100 aircraft.

2009

In 2009 NAC obtained easa part m certification (CAMO) permitting the company to manage the continuing airworthiness of ATR and Fokker aircraft

2010

The start of a new decade brought more milestones, with a financial balance exceeding US$1billion and the fleet exceeding 150 aircraft

2011

We signed a firm order for 10 ATR 72-600s, plus options for 10 additional aircraft

2012

Our committed fleet crossed the 200 aircraft mark. Also this year, NAC ordered 12 Bombardier CRJ1000 NextGen Aircraft to be leased to Garuda Indonesia

2013

Historic order placed for 90 ATR aircraft at the Paris Airshow. NAC signed a loan agreement for US$230m with US investors

2014

NAC and ATR signed an order for 75 ATR 42-500s including 25 firm orders

2015

By this year NAC had grown its fleet to 200 aircraft. EQT becomes a new NAC shareholder alongside Martin Moller. NAC debt facility increased from US$300million to US$400million

2016

NAC purchase Jetscape and Aldus Aviation to become the largest regional aircraft lessor. Our committed fleet crossed the 300 mark



© NORDIC AVIATION CAPITAL 2016
DENMARK      IRELAND      SINGAPORE      NORTH AMERICA