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Nordic Aviation Capital (NAC) has announced that it has committed to lease five Embraer aircraft, three E195s and two E175s, to Belavia Belarusian Airlines, the largest carrier in the Republic of Belarus. The placement of the five new aircraft are from NAC’s existing Embraer order book.
The delivery of the first three aircraft, two E195s and one Е175, is expected as early as April 2019. The remaining two aircraft will be delivered in December 2019 and in April 2020, respectively.
The transaction is an essential part of Belavia’s fleet growth initiative which will allow them to successfully implement their strategy on growth and ensure cost-effective development.