Danish lessor Nordic Aviation Capital (NAC) has closed a sale-and-leaseback agreement with Olympic Air’s (OA) parent company, covering 10 Bombardier Dash 8 Q400’s and four Dash 8-100 aircraft. Under the deal, OA owner Marfin Investment Group (MIG) has sold its MIG Aviation UK and MIG Aviation 3 subsidiaries to NAC. These subsidiary companies owned the 14 aircraft, marking the disposal of MIG’s Bombardier fleet. NAC has placed the aircraft back with OA on operating ...

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