Falko Press Release – 2021 Q4 activity
London, 18 January 2022 – Falko Regional Aircraft Limited (Falko), a market leading aircraft operating leasing and asset management company focused on the regional aircraft sector has provided a summary of its Q4 2021 market activity.
In Q4 2021, Falko completed the acquisition of 6 regional aircraft during the quarter, 3 aircraft were sold and lease agreements or extensions were finalised relating to 20 aircraft. In addition, Falko signed LOIs relating to the purchase of a further 9 aircraft and the lease of 5 aircraft in Falko’s portfolio. Activity on the engine side related to GE CF34-8s where one engine was sold and another placed on lease.
During the whole of 2021, Falko’s overall activity included the acquisition of 27 aircraft, the sale of 11 aircraft and new leases or extensions relating to 52 aircraft. In addition, LOIs were signed relating to a further 14 aircraft resulting in total activity associated with over 100 aircraft during the year.
As at 31 December 2021, Falko’s portfolio totaled 131 aircraft on lease to 23 customers worldwide.
Commenting on the activity in 2021, Mark Hughes Falko’s Chief Commercial officer stated:
“We have seen a record level in aircraft related activity at Falko in 2021. With transactions associated with over 100 aircraft during the year we can see the underlying resilience in domestic air travel and the regional sector in particular. The regional market continues to outperform other parts of the aviation industry with strong demand for all aircraft types from operators worldwide. Whilst we have seen strong demand for EJet products throughout 2021 we have also been encouraged by recent demand for CRJ and ATR products.
I am also very pleased to welcome a number of new airline customers into our portfolio in 2021/2. The addition of major airlines such as SAS, Air France, American Airlines and Indigo shows how important regional aircraft are to even the largest operators as well as established regional players such as Jazz, Porter and US Bangla.”