Nordic Aviation Capital (NAC) has completed the purchase of five ATR 72-500s from ATR’s asset management arm, ATRiam Capital, with leases attached to Lufthansa, whose subsidiary Air Dolomiti is operating the aircraft.
The move follows NAC’s announcement on 4 February of the purchase of one ATR 42-500 aircraft, also from ATRiam.
Nordic Aviation Capital has its principal headquarters in Billund, Denmark, complemented by regional offices in the US, Ireland, France, Switzerland and Singapore. It is currently the largest independent turboprop lessor in the world with a fleet of more than 130 aircraft including ATR 42 and 72, Bombardier Dash 8 and CRJ 200, Boeing 737 and MD-83, Fokker 50 and Saab 2000 aircraft.
The initial document focused more on creating the right partnerships and inspiring investment in defence than on any details of how future UK Armed Forces would be armed.
The first stage of developing a new UK Defence Industrial Strategy has highlighted failings in current structures with solutions expected to be proposed in next year’s full strategy.
Romania joined NATO more than two decades ago and the country is vital to the alliance’s geographic reach and its ability to supply Ukraine with weapons.
Although Trump’s geopolitics policy for Europe remains unclear, defence analysts from the US and Europe predict how his incoming administration would attempt to handle critical issues on the continent.
The UK budget announced in Parliament on 30 October was the first by a Labour government in 14 years which has also launched a review into defence procurement programmes.
The Australian government has placed a focus on Guided Weapons and Explosive Ordnance (GWEO) which has included the purchase of additional long-range rocket systems and investments in local production of missiles.
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