News and press

Nordic Aviation Capital announces Patrick Blaney’s Board appointment

Nordic Aviation Capital (NAC, the Company), the world’s largest regional aircraft lessor, today announces the appointment of Mr Patrick Blaney as Non-Executive Director and member of the Strategic Advisory Committee.

Mr. Blaney is currently Chairman of the Aircraft Leasing, Finance and Law Programme in UCD Michael Smurfit Business School. He was Non-Executive Director of Shannon Airport Authority until 2012 and Chief Executive of GPA Group plc until 2001. He has over 30 years’ experience working in aircraft financing.

Martin Moller, Non-Executive Chairman of the Board, Nordic Aviation Capital, said: “We are delighted to have Patrick Blaney join our Board. His background and his knowledge of our industry will be an important and welcome addition to the collective skills and experience of the Board especially at this time.”

The Company also announces that the Irish High Court earlier today has sanctioned a Scheme of Arrangement between the company and its lenders. Agreement had been reached earlier this month with its lenders to temporarily standstill and defer the payments of interest and principal on its borrowings.

About Nordic Aviation Capital
NAC is the industry’s leading regional aircraft lessor serving approximately 75 airline customers in over 50 countries. NAC’s current fleet of almost 500 aircraft includes ATR 42, ATR 72, Bombardier Dash 8, CRJ900/1000, Airbus A220 and Embraer E-Jet family aircraft.

For additional information, please visit us at www.nac.dk
Contact Details: NAC, Eva Ferguson +35361432426 efe@nac.dk / Powerscourt, Rory Godson +44 7909 926020 NAC@powerscourt-group.com

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NAC is the global Leader in Regional Aircraft Leasing with over 200 employees operating across 5 locations globally.
The company provides aircraft leasing and lease management services to airlines and aircraft investors worldwide.