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 ...

Subscribe to Access this Entire Article

"Olympic Air parent and NAC ink 14-aircraft lease deal" is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions? ATWPlus@penton.com.