A wholly owned subsidiary of Nordic Aviation Capital A/S has placed a firm order for 12 Bombardier CRJ1000 NextGen regional jets.
Nordic Aviation Capital has confirmed that the aircraft will be leased to Garuda Indonesia, Bombardier’s previously announced launch customer for the CRJ1000 NextGen in the Asia-Pacific region.
Billund, Denmark-based Nordic Aviation Capital is one of the world’s largest lessors of regional aircraft, with a portfolio of more than 160 turboprop and jet aircraft serving more than 30 customers in 20 countries.
Based on the list price of the CRJ1000 NextGen, Bombardier values the firm order at approximately US$595 million.
“Nordic Aviation Capital’s order, as well as recent transactions undertaken by other third-party financiers to provide CRJ1000 NextGen aircraft to Air Nostrum of Spain, illustrate that these aircraft present attractive financing and leasing opportunities for airlines and investors,” said Mike Arcamone, president of Bombardier Commercial Aircraft.
Garuda’s 12 leased Bombardier CRJ1000 NextGen aircraft, plus six ordered directly from the manufacturer in February, will result in the airline operating a fleet of 18 CRJ1000 NextGen regional jets. Should the airline also convert the 18 options it has taken with Bombardier, its fleet of CRJ1000 NextGens would increase to 36.
Based at Soekarno-Hatta International Airport near Jakarta, Garuda Indonesia was established in January 1949. The airline currently operates a fleet of 92 commercial aircraft serving 31 domestic and 19 international destinations.
“Although it is a relatively new product, the Bombardier CRJ1000 NextGen aircraft is performing extremely well with its current operators, delivering exceptional reliability and the lowest seat-mile costs in its market segment,” said Martin Moller, chairman of Nordic Aviation Capital. “We are therefore delighted to be acquiring these high-quality assets and assisting Garuda Indonesia in carrying out its business plan.”
“The CRJ1000 NextGen aircraft’s superior economics, outstanding fuel economy and excellent passenger comfort ideally meet our requirement for 100-seat aircraft; and the acquisition of these 12 additional aircraft via Nordic Aviation Capital is integral to our network expansion from five regional hubs,” said Emirsyah Satar, president and chief executive officer of Garuda Indonesia.
Including the order from Nordic Aviation Capital, Bombardier has recorded firm orders for 1,729 CRJ-series regional jets, with 1,665 delivered as of March 31.
Worldwide, Bombardier CRJ-series aircraft are in service with more than 60 airlines, while more than 30 customers operate corporate variants of the aircraft. CRJs are operating in more than 50 countries. On average, a CRJ takes off every 10 seconds somewhere in the world.