NAC is a global leader in regional aircraft leasing and is expanding into larger narrowbody aircraft leveraging our world class asset management platform.

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Annual Report

Each year, NAC issues an annual report chartering its activities and detailed accounts for the year. Download the reports by clicking on the links below.



NAC is dedicated to transparently measuring and reporting our sustainability performance. Please click on the links below for further information.



NAC holds an ESG Risk rating of 8.9 from Morningstar Sustainalytics, a leading global ESG ratings, research and data provider. NAC is the only aircraft leasing company to have attained this top ranking and currently has the best rating in the industry.

Corporate governance

Nordic Aviation Capital Designated Activity Company’s (the “Company”) Board of Directors has set high standards for the Company’s employees, officers and directors, in respect of sound corporate governance. In order to ensure effective governance and oversight of the management of the Company’s business and to fulfil its responsibilities in this regard, the Board of Directors has established three sub-committees, namely the Audit Committee, the Nominations & Compensation Committee and the Transaction & Risk Committee. These Committees follow the procedures and standards set forth in their respective terms of reference. The Board of Directors may amend the applicable Terms of Reference of, and scope of any authority delegated to, any Committee from time to time.

Audit Committee

The Audit Committee reviews the Company’s financial statements before submission to the Board for approval, and has responsibility for financial reporting, internal controls, compliance and the external audit function.

Nominations & Compensation Committee

The primary duties of the nomination and compensation committee are to make recommendations to the Board on the Company’s policy and structure for all remuneration of directors and senior management, as well as giving consideration to the appointment of directors and succession planning for directors and other senior executives.

Transactions & Risk Committee

The primary duties of the transaction and risk committee are to review and approve certain proposed transactions on behalf of the Company, as well as to have oversight of and review all risk factors affecting the Company.

Committee terms of reference
Audit Committee
Nominations & Compensation Committee
Transactions & Risk Committee
Governance documents
Certificate of Incorporation
Articles of Association
NAC Business Code of Conduct
NAC Code of Conduct - Anti-Bribery & Anti-Corruption
NAC Code of Conduct - Anti-Money Laundering
NAC Code of Conduct - Sanctions and Export Control
NAC Code of Conduct - Conflicts of Interest
NAC Code of Conduct - Competition Law Compliance
NAC Code of Conduct - Personal Data Protection
NAC Code of Conduct - Information Security & Acceptable Use
NAC Code of Conduct - Diversity & Inclusion
NAC Code of Conduct - Global Whistleblowing
Investor relations
Martina O’Neill
Group Vice President,
Investor Relations, Serviced Assets