Aviation

December 31, 2018
 

Tianjin Air inks leaseback deal

Aircraft lessor Nordic Aviation Capital (NAC) concluded a sale and leaseback transaction in December with Tianjin AirlinesĀ covering three E195 aircraft.

The agreement is the first transaction between the two companies, as well as NAC’s first placement in China.

Two of the aircraft were delivered in 2018, with the third delivery scheduled for 2019.