Finncomm Group has sold a fleet of 12 ATR 72 aircraft to Finnair
August 2011 — Finncomm Group, a privately held Finnish aviation group, has sold a fleet of 9 ATR 72 aircraft and three firm delivery contracts for additional ATR 72 aircraft to Finnair, Finland's flagship carrier, for US$190 million.
Finnair, Finland's flagship carrier since 1923, is one of the world's longest continuously operating airlines. Its strategic focus is on flights between Asia and Europe.
Finncomm is also active in aircraft maintenance, ground handling, and pilot and crew training. Post-transaction, Finncomm Group will focus on ground handling and aircraft leasing through its remaining fleet of 4 ATR 42 aircraft.
Our role in the transaction
Oaklins' team in the Baltic region acted as advisor to Finncomm Group in this transaction.
Prata med transaktionsteamet
Relaterade affärer
NCL has sold its air and sea freight forwarding business to MOVIT
NCL – Transitários e Viagens, S.A. has sold its air and sea freight forwarding business to Movitlog, Lda. (MOVIT).
Lär dig merHEICO Corporation has acquired a majority stake in Cook Defence Systems
William Cook Holdings Limited has received a major investment in Cook Defence Systems from HEICO Corporation, a US-listed aerospace and defense company. The newly formed company, HEICO Cook Defence Limited, will be owned 80% by HEICO and 20% by William Cook Holdings.
Lär dig merTransnáutica has sold its road freight forwarding business to TMB Group
Transnáutica - Global Logistics, S.A. has sold its road freight forwarding business to TMB Group.
Lär dig mer