Falko begins leasing operations as it launches out of BAE Systems deal

Supported by affiliates of funds managed by global investment management firm, Fortress Investment Group, Falko enters the market with a portfolio of 143 aircraft, a highly experienced team and a proven track record.
 
Over the previous 18 years, this team has negotiated in excess of 1800 commercial aircraft transactions valued at over $3.1 billion, and has customised and delivered some 750 aircraft.
 
Jeremy Barnes, Chief Executive Officer of Falko said today:  “Our management buy-in team not only fully understands this business, but also the sector in which it operates. We have a different mind-set for this business and, together with the existing operating team we will work to maximise the value in the portfolio which we intend to realise over time.
 
“We also have a strong growth plan and will leverage the proven and successful Asset Management platform to build a long-term business.”
 
The Falko portfolio consists of 103 BAe 146/Avro RJ regional jets, and 40 ATP and Jetstream family turboprops, originally manufactured by BAE Systems Regional Aircraft. The support and engineering businesses of Regional Aircraft will continue to provide original equipment manufacturer (OEM) services to Falko, which becomes its biggest customer.