NAC is delighted by positive development

Monday 21st September 2015

Nordic Aviation Capital A/S delivers 42 per cent increase in operating profit, up from 169m USD to 239m USD ‐ a result considered to be satisfactory.

In the fiscal year ending June 30, 2015 NAC's revenue increased from 311m USD the year before to 392m USD - up 26 per cent. Net profit after tax rose 37 per cent to 111m USD.

The achieved improvements reflects the company's solid market position in a year where NAC has invested in 17 factory new ATR72‐600 and ATR42‐600, all placed on lease to clients. In addition, we have concluded 74 transactions involving pre‐owned aircraft including a single transaction involving 31 Bombardier Q400s - which is the largest single transaction recorded in the history of NAC.  Total assets increased by 45 per cent to 3,173m USD.

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