Nordic Aviation Capital secured a scheme of arrangement after the High Court heard more than 90 per cent of the different classes of the aircraft leasing group’s creditors had approved.

The High Court has approved a scheme of arrangement with creditors for Irish-based aircraft lessor Nordic Aviation Capital. The company sought the ar(...)

Nordic Aviation: creditors have agreed to shelve repayments on its   debt for up to 12 months. Photograph: iStock

Aircraft lessor Nordic Aviation Capital’s creditors have agreed to shelve repayments on its $6 billion (€5.3 billion) debt for up to 12 months, the co(...)

The International Air Transport Association on Tuesday predicted airlines will lose a combined $84 billion this year and almost $16 billion in 2021, its first estimate of the hit to earnings since the Covid-19 crisis began.

The High Court has given Irish-based aircraft lessor, Nordic Aviation Capital, the go ahead to seek to enter into a scheme of arrangement with its cre(...)

Nordic Aviation Capital customers include Irish-based Stobart Air, the carrier that provides Aer Lingus’s regional services under contract

Shareholders of aircraft lessor Nordic Aviation Capital (NAC) have agreed to inject $60 million (€53.5m) of new equity into the company. Long-term eq(...)

Gardens International: Nordic Aviation Capital plans expansion in Limerick building.

Irish-headquartered aircraft leasing company Nordic Aviation Capital (NAC) has placed an order worth $4 billion for more than 125 aircraft and said it(...)

Former minister Michael Noonan with Louise Cotter, project architect, and Limerick mayor James Collins at the official opening of the Gardens International office development in the city.

Former minister for finance Michael Noonan said on Tuesday he was confident Irish exporters will be “able to cope” under a no-deal Brexit. Mr Noonan (...)

Airline Stobart Air will operate some services from London City Airport services on behalf of British Airways in a deal similar to one involving Aer (...)

Nordic Aviation Capital customers include Irish-based Stobart Air, the carrier that provides Aer Lingus’s regional services under contract.

Aircraft lessor Nordic Aviation Capital (NAC) earned profits of $160 million (€138 million) in the 12 months ended June 30th, according to the latest (...)

Stobart Air is announcing plans to spend €13.8 million on expanding its fleet on foot of winning public-service contracts in January.

Contract airline Stobart Air is spending almost €14 million on boosting its fleet after winning State-funded deals to fly services between Dublin and (...)

Dublin Airport: 2.3 million passengers in October. Photograph: Matt Kavanagh

NYC hotels say Airbnb is costing them millions The battle between New York hoteliers and Airbnb continues with a study that finds the sharing site (...)

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