GOAL sells two Bombardier Q400 with leases attached to Falko

Falko Regional Aircraft Limited (Falko), and GOAL German Operating Aircraft Leasing GmbH & Co. KG (GOAL) today announced that Falko has added two Bombardier Dash 8 Q400 NextGen aircraft to its portfolio with leases attached to Croatia Airlines which have been acquired from GOAL’s portfolio.

The addition of the first Q400 NextGen aircraft to Falko’s portfolio follows swiftly on from the company’s acquisition of its second CRJ900 last month. The two Q400 NextGen aircraft were acquired by GOAL in 2010 at delivery from Bombardier with leases to Croatia Airlines. With this sale, GOAL has been able to streamline its Q400 portfolio.

“The addition of these Q400 NextGens 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,” said Mark Hughes, Executive Vice President – Corporate Finance, Falko Regional Aircraft Limited. “The purchase is another key development for Falko as we further expand the aircraft products and lessees in our portfolio. Falko is converting a strong pipeline of acquisitions into real portfolio growth. Since we closed our first acquisition just over 12 months ago, we have now added 12 aircraft to our portfolio demonstrating our commitment to build our business in the regional sector. We have further transactions nearing completion and hope to add more aircraft to our portfolio in the near future.”

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

GOAL is a joint venture of KGAL GmbH & Co. KG, one of Germany’s top investment companies and a high-ranking player in the world of structured asset finance and investment participation, and Deutsche Lufthansa AG, one of the world’s premier carriers. GOAL currently owns and manages about 50 aircraft. It has a broad experience in its core business of operating leasing, technical asset management and aircraft remarketing and has proven its professional know-how since its foundation in 1998. For more information see its website at www.goal-leasing.de