NAC - Aircraft leasing and financing

Nordic Aviation Capital A/S leases ATR 42 aircraft to Pantheon Airways

15 October 2008

Nordic Aviation Capital A/S is pleased to confirm that it has just completed a lease transaction on one ATR 42 aircraft to Pantheon Airways in Greece.

Following the approval of the European Commission, Pantheon is the new entity to be privatized in order to take over the flight operations of Olympic Airlines.

Nordic Aviation Capital ("NAC"), formerly NAC Nordic Aviation Contractor A/S, was established in Denmark in 1990. Its principal headquarters in Billund, Denmark are complemented by regional offices in the US, Ireland, France and Switzerland.

NAC Nordic Aviation Capital A/S is a Danish aircraft leasing company dedicated to the wordwide sale, purchase and finance of commercial jet and turboprop aircraft.

Nordic Aviation Capital's current fleet includes, Boeing 737, MD 83, CRJ 200, ATR42, Bombardier Dash 8 and Fokker 50 and Saab 2000 aircraft. Our customers include US Airways, SAS, TACA, Wideroe, Cimber Air and Air Baltic.