Falko Establishes leasing business in China
Triangle (Holdings) LP announces today that through Falko Regional Aircraft Limited, it has established an aviation leasing company – Falko (Tianjin) Leasing Co., Ltd. (“Falko Tianjin”) – in the Dongjiang Free Trade Port (DFTP) in Tianjin, China. This makes Falko Regional Aircraft Limited the first foreign regional aircraft lessor to set up a leasing business in the DFTP.
With this new entity in the DFTP, Falko Tianjin will be in the position to offer Chinese airlines more choice of regional aircraft leasing solutions.
Jeremy Barnes, Chief Executive Officer of Falko Regional Aircraft Limited said: “We are extremely pleased to be the first foreign regional aircraft lessor to establish a leasing business in the DFTP zone in Tianjin. With Falko Tianjin we will be able to offer our specialist regional aircraft leasing capabilities to help the regional aircraft market to grow, which is in line with the Chinese government’s goal to improve regional air-connectivity throughout China.”
Falko is a specialist aircraft operating leasing, asset management and aircraft services company focused on the regional aircraft sector. It is currently one of the world’s largest managers of regional jets and turboprops by aircraft numbers. Falko has a clear growth strategy dedicated to expanding the business and growing its portfolio of aircraft and associated services within 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. 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.
For further information visit www.falko.com or follow us on Twitter: Falko_RA
For further information please contact:
Will van Zeventer
SVP Portfolio Development
Falko Regional Aircraft Pte. Limited
DD +65 6832 5548
M +65 9113 0937