Nordic Aviation Capital

EBITDA: USD 439m in 2015/2016
Number of Employees: 171
Sales: USD 610m in 2015/2016

Nordic Aviation Capital (“NAC”) is the world’s largest turboprop trading and leasing company with more than 25 years of experience and proven track record of consistent year on year profitable growth.

NAC provides operating leases, financing leases, sale and leaseback of primarily turboprop aircrafts for the regional aircraft industry. Aircrafts are purchased in the primary and secondary markets and NAC is the largest fleet owner and regional aircraft lessor of commercial turboprops in the world.

Through a focused strategy on turboprop aircraft and strong in-house technical and commercial skills, NAC has been capable of delivering impressive top- and bottom-line growth by having strict focus on efficient portfolio management, strong relationships to OEMs and an ability to meet the need for flexible and innovative financing solutions for regional aircraft customers across the world.

NAC has a global customer base of more than 40 airlines in 30 different countries. The Company’s main offices are in the Denmark, Ireland, North America and Singapore.

To Nordic Aviation Capital

Market trends and drivers

NAC operates in a growing market supported by healthy underlying drivers with limited cyclicality due to 1) underlying air travel growth 2) focus on regional routes which are generally less cyclical as limited infrastructure alternatives exist and 3) increasing leasing penetration.

Investment potential

EQT’s value creation plan is focused on expanding NAC’s market position within turboprops while also selectively growing in the regional jet market. Further, EQT will focus on deepening the financing capabilities and relationships further to enable access to additional pools of capital by diversifying its funding sources.