Welcome!

News Feed Item

Lessor Falko Regional Aircraft Limited Adds Bombardier CRJ900 NextGen Aircraft to its Portfolio

Aircraft leased to Adria Airways based in Slovenia

LJUBLJANA, SLOVENIA and LONDON, UNITED KINGDOM and MONTREAL, QUEBEC -- (Marketwired) -- 04/22/14 -- Adria Airways (Adria) of Ljubljana, Slovenia, Falko Regional Aircraft Limited (Falko), and Bombardier Aerospace today announced that Falko has added a Bombardier CRJ900 NextGen aircraft to its portfolio and that the aircraft has been leased to Adria. This acquisition by Falko, a global lessor focused on the regional aircraft sector, resulted from a sale and leaseback agreement with Adria and follows an earlier purchase agreement between Bombardier and Adria for two CRJ900 NextGen aircraft. Falko and Adria have agreed to finance the second CRJ900 NextGen aircraft under a similar sale and leaseback arrangement.

The addition of the first CRJ900 NextGen aircraft to Falko's portfolio follows the company's acquisition of a CRJ900 aircraft a few months ago.

"Our Bombardier CRJ900 regional jets are providing excellent cost efficiency, network flexibility and have been very well received by our passengers," said Mark Anzur, Chief Executive Officer, Adria Airways. "We are very pleased that we have been able to organize the addition of two more CRJ900 NextGen aircraft from Bombardier via sale and leaseback agreements with Falko."

"The addition of the CRJ900 and CRJ900 NextGen aircraft is the latest in a series of acquisitions since Falko's creation in 2011 and represents a further step in the development of the business as the world's leading independent lessor of regional jets," said Mark Hughes, Executive Vice President - Corporate Finance, Falko Regional Aircraft Limited. "The purchase is a key development for Falko, being the first new aircraft with delivery taken directly from the manufacturer and further strengthens Falko's commitment to pursuing targeted regional sector investments. Falko is now in a period of growth and expansion with a strong pipeline of acquisitions."

"We congratulate Falko on the acquisition of its first CRJ900 NextGen aircraft," said Ray Jones, Senior Vice President, Sales, Marketing and Asset Management, Bombardier Commercial Aircraft. "The CRJ900 NextGen aircraft's significant market potential and outstanding value retention, as well as the broad base of CRJ aircraft operators around the world, make the aircraft very attractive to lessors like Falko.

"By adding more CRJ900 NextGen regional jets to its fleet, Adria Airways is confirming that the aircraft are successfully replacing larger aircraft and providing optimum capacity for the airline's operations," added Mr. Jones. "Bombardier is delighted that the CRJ900 NextGen aircraft are proving to be efficient and economical assets that are contributing to Adria's success."

In total, Bombardier has recorded firm orders for 1,814 CRJ Series aircraft, including 341 CRJ900 and CRJ900 NextGen aircraft. Worldwide, CRJ Series aircraft are in service with more than 60 airlines and more than 30 customers operate corporate variants of the aircraft. The aircraft are operating in over 50 countries on six continents, and on average, a CRJ aircraft takes off every 10 seconds somewhere in the world. CRJ Series aircraft have transported more than 1.4 billion passengers and have logged more than 38 million flight hours and over 32 million takeoffs and landings.

About Adria Airways

The Slovenian airline Adria Airways has a wealth of experience spanning over 50 years in charter and scheduled air traffic. Today, the majority of Adria Airways business is in scheduled flights; its network links Ljubljana with 19 cities throughout Europe and offers excellent connections to South East Europe. Adria Airways offers more than 170 scheduled flights each week to Amsterdam, Brussels, Copenhagen, Frankfurt, Istanbul, London, Manchester, Moscow, Munich, Paris, Podgorica, Prague, Pristina, Sarajevo, Skopje, Tirana, Vienna, Warsaw and Zurich.

With the start of the new summer timetable at the end of March, Adria Airways will fly on five new scheduled routes - from Ljubljana to Prague and Warsaw, from Munich to Lodz, from Tirana to Frankfurt and from Pristina to Malmo.

Adria Airways has been a member of Star Alliance since 2004. In connection with its partners the airline offers access to a global network of flights on 25 airlines, which offer more than than 18,000 daily flights to 1,269 airports in 193 countries.

About Falko

Falko was formed in July 2011 when funds managed by Fortress Investment Group completed the purchase of BAE Systems Asset Management and its associated aircraft portfolio.

Falko has a clear growth strategy and intends to continue to expand the business and grow its portfolio of aircraft and services with particular focus on the regional aircraft market. With offices in Europe, Asia, South America and Australasia, Falko is well positioned to deliver a range of solutions across the globe. For further information visit www.falko.com or follow us on Twitter: Falko_RA

About Bombardier

Bombardier is the world's only manufacturer of both planes and trains. Looking far ahead while delivering today, Bombardier is evolving mobility worldwide by answering the call for more efficient, sustainable and enjoyable transportation everywhere. Our vehicles, services and, most of all, our employees are what make us a global leader in transportation.

Bombardier is headquartered in Montreal, Canada. Our shares are traded on the Toronto Stock Exchange (BBD) and we are listed on the Dow Jones Sustainability World and North America Indexes. In the fiscal year ended December 31, 2013, we posted revenues of $18.2 billion. News and information are available at bombardier.com or follow us on Twitter @Bombardier.

Notes to editors

Images of CRJ900 aircraft in the livery of Adria Airways are posted with this release in the news releases section at www.aero.bombardier.com.

Additional information on CRJ and CRJ NextGen aircraft is available at www.crjnextgen.com.

Follow @Bombardier_Aero on Twitter to receive the latest news and updates from Bombardier Aerospace.

Bombardier, CRJ, CRJ900, NextGen and The Evolution of Mobility are trademarks of Bombardier Inc. or its subsidiaries.

Contacts:
Marc Duchesne
Bombardier Commercial Aircraft
+1-416-375-3030
[email protected]
www.bombardier.com

Mark Hughes
Falko Regional Aircraft
+44 (0) 1707 271777
[email protected]
www.falko.com

Adrijana Selj
Adria Airways
+386 4 259 4506
[email protected]
www.adria.si/en/

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

Latest Stories
SYS-CON Events announced today that CollabNet, a global leader in enterprise software development, release automation and DevOps solutions, will be a Bronze Sponsor of SYS-CON's 20th International Cloud Expo®, taking place from June 6-8, 2017, at the Javits Center in New York City, NY. CollabNet offers a broad range of solutions with the mission of helping modern organizations deliver quality software at speed. The company’s latest innovation, the DevOps Lifecycle Manager (DLM), supports Value S...
Cloud promises the agility required by today’s digital businesses. As organizations adopt cloud based infrastructures and services, their IT resources become increasingly dynamic and hybrid in nature. Managing these require modern IT operations and tools. In his session at 20th Cloud Expo, Raj Sundaram, Senior Principal Product Manager at CA Technologies, will discuss how to modernize your IT operations in order to proactively manage your hybrid cloud and IT environments. He will be sharing bes...
SYS-CON Events announced today that Systena America will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Systena Group has been in business for various software development and verification in Japan, US, ASEAN, and China by utilizing the knowledge we gained from all types of device development for various industries including smartphones (Android/iOS), wireless communication, security technology and IoT serv...
SYS-CON Events announced today that Super Micro Computer, Inc., a global leader in compute, storage and networking technologies, will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Supermicro (NASDAQ: SMCI), the leading innovator in high-performance, high-efficiency server technology, is a premier provider of advanced server Building Block Solutions® for Data Center, Cloud Computing, Enterprise IT, Hadoop/...
SYS-CON Events announced today that Twistlock, the leading provider of cloud container security solutions, will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Twistlock is the industry's first enterprise security suite for container security. Twistlock's technology addresses risks on the host and within the application of the container, enabling enterprises to consistently enforce security policies, monitor...
SYS-CON Events announced today that Peak 10, Inc., a national IT infrastructure and cloud services provider, will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Peak 10 provides reliable, tailored data center and network services, cloud and managed services. Its solutions are designed to scale and adapt to customers’ changing business needs, enabling them to lower costs, improve performance and focus intern...
While some vendors scramble to create and sell you a fancy solution for monitoring your spanking new Amazon Lambdas, hear how you can do it on the cheap using just built-in Java APIs yourself. By exploiting a little-known fact that Lambdas aren’t exactly single threaded, you can effectively identify hot spots in your serverless code. In his session at 20th Cloud Expo, David Martin, Principal Product Owner at CA Technologies, will give a live demonstration and code walkthrough, showing how to ov...
A strange thing is happening along the way to the Internet of Things, namely far too many devices to work with and manage. It has become clear that we'll need much higher efficiency user experiences that can allow us to more easily and scalably work with the thousands of devices that will soon be in each of our lives. Enter the conversational interface revolution, combining bots we can literally talk with, gesture to, and even direct with our thoughts, with embedded artificial intelligence, whic...
The 21st International Cloud Expo has announced that its Call for Papers is open. Cloud Expo, to be held October 31 - November 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA, brings together Cloud Computing, Big Data, Internet of Things, DevOps, Digital Transformation, Machine Learning and WebRTC to one location. With cloud computing driving a higher percentage of enterprise IT budgets every year, it becomes increasingly important to plant your flag in this fast-expanding busin...
SYS-CON Events announced today that Enzu will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY, and the 21st International Cloud Expo®, which will take place October 31-November 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Enzu’s mission is to be the leading provider of enterprise cloud solutions worldwide. Enzu enables online businesses to use its IT infrastructure to their competitive ad...
This talk centers around how to automate best practices in a multi-/hybrid-cloud world based on our work with customers like GE, Discovery Communications and Fannie Mae. Today’s enterprises are reaping the benefits of cloud computing, but also discovering many risks and challenges. In the age of DevOps and the decentralization of IT, it’s easy to over-provision resources, forget that instances are running, or unintentionally expose vulnerabilities.
Everywhere we turn in our industry we can find strong opinions about the direction, type and nature of cloud’s impact on computing and business. Another word that is used in every context in our industry is “hybrid.” In his session at 20th Cloud Expo, Alvaro Gonzalez, Director of Technical, Partner and Field Marketing at Peak 10, will use a combination of a few conceptual props and some research recently commissioned by Peak 10 to offer a real-world consideration of how the various categories of...
DevOps is often described as a combination of technology and culture. Without both, DevOps isn't complete. However, applying the culture to outdated technology is a recipe for disaster; as response times grow and connections between teams are delayed by technology, the culture will die. A Nutanix Enterprise Cloud has many benefits that provide the needed base for a true DevOps paradigm. In his Day 3 Keynote at 20th Cloud Expo, Chris Brown, a Solutions Marketing Manager at Nutanix, will explore t...
In his opening keynote at 20th Cloud Expo, Michael Maximilien, Research Scientist, Architect, and Engineer at IBM, will motivate why realizing the full potential of the cloud and social data requires artificial intelligence. By mixing Cloud Foundry and the rich set of Watson services, IBM's Bluemix is the best cloud operating system for enterprises today, providing rapid development and deployment of applications that can take advantage of the rich catalog of Watson services to help drive insigh...
SYS-CON Events announced today that SoftLayer, an IBM Company, has been named “Gold Sponsor” of SYS-CON's 18th Cloud Expo, which will take place on June 7-9, 2016, at the Javits Center in New York, New York. SoftLayer, an IBM Company, provides cloud infrastructure as a service from a growing number of data centers and network points of presence around the world. SoftLayer’s customers range from Web startups to global enterprises.