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Sep 27, 2022 (newstodate): After it successful completion in June 2022 of its Chapter 11 turn-around process, Nordic Aviation Capital is again reporting brisk business news in September.
   Among the latest new transactions is the signing of a lease agreement for one ATR72-500F and one ATR42-600 with Loganair, based in Glasgow, Scotland.
   Another new transaction is the execution of a lease agreement for two E175 aircraft with Star Air, a fast-growing regional carrier based in Bangalore, India.
   Earlier this month, NAC concluded fresh business for 11 of its 390 aircraft, concerning four E170 aircraft, four CRJ900 aircraft and three Bombardier Q400 aircraft.
   Nordic Aviation Capital thus completed the sale of four E170 aircraft and four CRJ900 aircraft to American Airlines, to be placed into service with Envoy Air and PSA Airlines, both subsidiaries of American.
   Nordic Aviation Capital also completed a lease agreement for three Q400 aircraft with the new carrier Connect Airlines, based in Bedford, Massachusetts, planning to provide regional service between Canada and the US Northeast and Midwest.