newstodate.aero
Mar 13, 2024 (newstodate): The Danish aircraft lessor with HQ in Ireland Nordic Aviation Capital is thinning its fleet of Dash 8-400 aircraft.
As one latest transaction, NAC has completed a sale agreement for one Dash 8-400 with Air Niugini, the national airline of Papua New Guinea, with its main hub in Port Moresby, Papua New Guinea.
In the airline's fleet are already three Dash 8 Q400 aircraft.
-A top priority at NAC is to sell out-of-production Q400s and E1s and instead focus on best-in-class, more fuel-efficient regional aircraft like the ATR 72 and A220 families, plus expand into the much larger adjacent market of the Boeing 737 and Airbus A320 families, the company says in the 2023 report.
In 2023, NAC completed the sale of 60 aircraft, a mix of E1, Q400 and ATR aircraft, primarily sold to other lessors with some direct sales to lessees.