Business update

Spring 2023

A trusted partner, TrueNoord provides a flexible, pragmatic and commercial service that supports our customers’ fleet strategies and underpins their business growth.

Through the provision of operating leases TrueNoord is enabling airlines to right-size their fleets and deliver the correct balance of capacity and frequency on key routes.

A specialist lessor, focused solely on regional aircraft in the 50-150 seat class

0
Aircraft in fleet

0yrs
Weighted average age of fleet

USD1.04bn
Portfolio value

0
Aircraft types

0
Employees

0yrs
Average lease term remaining

Connecting people, communities and businesses across mature and developing economies worldwide
2003
Start of
business
2012
Focus on
regional aircraft
2016
New investors
onboard
2017
New brand;
TrueNoord
2018
First warehouse
facility secured
2020
Successfully
navigated
COVID-19
2023
Customer & fleet
portfolio grows

The diversity of TrueNoord’s global clients and our expanding aircraft fleet provide the keys to our balanced portfolio. This enables us to participate effectively in the strong growth of the global regional aviation market.

We work closely with our customers and support them with solutions-driven professional services. We not only seek to understand their financial metrics, but also gain a strong understanding of each lessee’s business model combined with their route structures and the markets they service.

Having effectively navigated the challenges 2022 presented, we start 2023 on a strong footing with the successful completion of a sale agreement for ten Embraer aircraft. This transaction will significantly increase our portfolio to 70 aircraft and brings new airline customers into the family. Looking forward to Q2 and beyond, we have an active pipeline for further fleet expansion and are exploring more portfolio transaction opportunities.

TrueNoord fleet cumulative utilisation
Our current customer portfolio
Our current fleet
  • 25 E190
  • 6 E170
  • 4 E195
  • 16 ATR72-600
  • 4 ATR42-600
  • 1 ATR72-212F
  • 2 CRJ900
  • 5 Dash 8-400

With presence in Amsterdam, Dublin, London and Singapore, TrueNoord provides leasing and lease management services strengthened by extensive knowledge of aircraft finance in the specific regional aircraft sector, and deployed by an expanding team of talented and highly experienced individuals.

Our capital providers
Our trajectory
 

Spring 2023

Spring 2023

Top 15 lessors
with the most active aircraft, October 2021*

CH Aviation