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
In his session at 18th Cloud Expo, Sagi Brody, Chief Technology Officer at Webair Internet Development Inc., will focus on real world deployments of DDoS mitigation strategies in every layer of the network. He will give an overview of methods to prevent these attacks and best practices on how to provide protection in complex cloud platforms. He will also outline what we have found in our experience managing and running thousands of Linux and Unix managed service platforms and what specifically c...
We're entering the post-smartphone era, where wearable gadgets from watches and fitness bands to glasses and health aids will power the next technological revolution. With mass adoption of wearable devices comes a new data ecosystem that must be protected. Wearables open new pathways that facilitate the tracking, sharing and storing of consumers’ personal health, location and daily activity data. Consumers have some idea of the data these devices capture, but most don’t realize how revealing and...
Many private cloud projects were built to deliver self-service access to development and test resources. While those clouds delivered faster access to resources, they lacked visibility, control and security needed for production deployments. In their session at 18th Cloud Expo, Steve Anderson, Product Manager at BMC Software, and Rick Lefort, Principal Technical Marketing Consultant at BMC Software, will discuss how a cloud designed for production operations not only helps accelerate developer...
Peak 10, Inc., has announced the implementation of IT service management, a business process alignment initiative based on the widely adopted Information Technology Infrastructure Library (ITIL) framework. The implementation of IT service management enhances Peak 10’s current service-minded approach to IT delivery by propelling the company to deliver higher levels of personalized and prompt service. The majority of Peak 10’s operations employees have been trained and certified in the ITIL frame...
trust and privacy in their ecosystem. Assurance and protection of device identity, secure data encryption and authentication are the key security challenges organizations are trying to address when integrating IoT devices. This holds true for IoT applications in a wide range of industries, for example, healthcare, consumer devices, and manufacturing. In his session at @ThingsExpo, Lancen LaChance, vice president of product management, IoT solutions at GlobalSign, will teach IoT developers how t...
SYS-CON Events announced today the Docker Meets Kubernetes – Intro into the Kubernetes World, being held June 9, 2016, in conjunction with 18th Cloud Expo | @ThingsExpo, at the Javits Center in New York, NY. Register for 'Docker Meets Kubernetes Workshop' Here! This workshop led by Sebastian Scheele, co-founder of Loodse, introduces participants to Kubernetes (container orchestration). Through a combination of instructor-led presentations, demonstrations, and hands-on labs, participants learn ...
SYS-CON Events announced today that Ericsson has been named “Gold Sponsor” of SYS-CON's @ThingsExpo, which will take place on June 7-9, 2016, at the Javits Center in New York, New York. Ericsson is a world leader in the rapidly changing environment of communications technology – providing equipment, software and services to enable transformation through mobility. Some 40 percent of global mobile traffic runs through networks we have supplied. More than 1 billion subscribers around the world re...
In the world of DevOps there are ‘known good practices’ – aka ‘patterns’ – and ‘known bad practices’ – aka ‘anti-patterns.' Many of these patterns and anti-patterns have been developed from real world experience, especially by the early adopters of DevOps theory; but many are more feasible in theory than in practice, especially for more recent entrants to the DevOps scene. In this power panel at @DevOpsSummit at 18th Cloud Expo, moderated by DevOps Conference Chair Andi Mann, panelists will dis...
A critical component of any IoT project is the back-end systems that capture data from remote IoT devices and structure it in a way to answer useful questions. Traditional data warehouse and analytical systems are mature technologies that can be used to handle large data sets, but they are not well suited to many IoT-scale products and the need for real-time insights. At Fuze, we have developed a backend platform as part of our mobility-oriented cloud service that uses Big Data-based approache...
Increasing IoT connectivity is forcing enterprises to find elegant solutions to organize and visualize all incoming data from these connected devices with re-configurable dashboard widgets to effectively allow rapid decision-making for everything from immediate actions in tactical situations to strategic analysis and reporting. In his session at 18th Cloud Expo, Shikhir Singh, Senior Developer Relations Manager at Sencha, will discuss how to create HTML5 dashboards that interact with IoT devic...
The increasing popularity of the Internet of Things necessitates that our physical and cognitive relationship with wearable technology will change rapidly in the near future. This advent means logging has become a thing of the past. Before, it was on us to track our own data, but now that data is automatically available. What does this mean for mHealth and the "connected" body? In her session at @ThingsExpo, Lisa Calkins, CEO and co-founder of Amadeus Consulting, will discuss the impact of wea...
There is an ever-growing explosion of new devices that are connected to the Internet using “cloud” solutions. This rapid growth is creating a massive new demand for efficient access to data. And it’s not just about connecting to that data anymore. This new demand is bringing new issues and challenges and it is important for companies to scale for the coming growth. And with that scaling comes the need for greater security, gathering and data analysis, storage, connectivity and, of course, the...
We’ve worked with dozens of early adopters across numerous industries and will debunk common misperceptions, which starts with understanding that many of the connected products we’ll use over the next 5 years are already products, they’re just not yet connected. With an IoT product, time-in-market provides much more essential feedback than ever before. Innovation comes from what you do with the data that the connected product provides in order to enhance the customer experience and optimize busi...
The IETF draft standard for M2M certificates is a security solution specifically designed for the demanding needs of IoT/M2M applications. In his session at @ThingsExpo, Brian Romansky, VP of Strategic Technology at TrustPoint Innovation, will explain how M2M certificates can efficiently enable confidentiality, integrity, and authenticity on highly constrained devices.
The IoTs will challenge the status quo of how IT and development organizations operate. Or will it? Certainly the fog layer of IoT requires special insights about data ontology, security and transactional integrity. But the developmental challenges are the same: People, Process and Platform. In his session at @ThingsExpo, Craig Sproule, CEO of Metavine, will demonstrate how to move beyond today's coding paradigm and share the must-have mindsets for removing complexity from the development proc...