NAC is a global leader in regional aircraft leasing and is expanding into larger narrowbody aircraft leveraging its world class asset management platform.
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Global customers
Over 60 airline customers in over 40 countries.
Papua New Guinea
Angola
Argentina
Australia
Azerbaijan
Nepal
Bangladesh
Brazil
Burkina Faso
Canada
China
Colombia
Egypt
Estonia
France
Germany
Greece
Guadeloupe
Iceland
India
Indonesia
Ireland
Italy
Japan
Kenya
Maldives
Mauritius
Mexico
Morocco
Mozambique
Norway
Philippines
Poland
Portugal
Serbia
South Africa
Spain
Sweden
Trinidad & Tobago
United Kingdom
United States of America
Uzbekistan
Romania
Our history
NAC was founded in 1990 in Denmark. For the first 25 years, the business focused on turboprops. From 2015 to 2020, it doubled its fleet principally by expanding into regional jets. During 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. Due to the pandemic crisis, lack of adequate equity and various portfolio issues, NAC underwent a major financial restructuring during late 2021. A new senior management team, ownership group and Board of Directors were then established. The company emerged successfully during June 2022 with a much-improved balance sheet and financial position including over $500 million of liquidity and growth capital. The fleet at exit was over 370 aircraft owned, managed, and committed with assets of over $3 billion and significantly reduced debt.
Our franchise
At January 2020, NAC was by far the world’s largest regional aircraft leasing company. The Company intends to remain a global leader in regional aircraft leasing and is currently the only lessor with both orders for new ATR turboprops and Airbus A220 cross-over jets. NAC also plans to expand into larger narrowbody aircraft such as new/used 737 and A320 family members. The new Executive Leadership Team installed during 2022 has substantial aircraft leasing experience in addition to airline, OEM and lessor trading relationships in this much larger, adjacent space. The Company believes it can significantly scale the fleet by leveraging the existing NAC global asset management platform. NAC will also emphasise a full life cycle approach to its aircraft portfolio going forward, facilitated by the new team having significant experience in mature and leased aircraft trading, spare engines and cargo conversions.
Our ownership
We are owned by a diversified group of institutional investors including leading insurance companies, asset managers and other financial institutions.
Our locations
Dublin, Fitzwilliam Square,
D02 R744
Limerick, Gardens International,
V94 4D83.
One Business Center DMCC
Level 5, One JLT Tower
Jumeirah Lake Towers
Dubai, UAE