Falko swallowed by Chorus
Chorus Aviation has completed its acquisition of Falko Regional Aircraft, as announced on 27 February 2022. The aim is to transform the Canadian company into a premier full-service provider in regional aviation with capabilities to maximise value at every stage of an aircraft’s lifecycle.
Chorus now considers itself “the world’s largest aircraft lessor focused solely on investing in regional aircraft leasing space”; it has a portfolio of 348 regional aircraft with 32 airlines in 23 countries, with an aggregate value of approximately USD 4.5 billion. These units are all owned, managed, and/or operated by Chorus subsidiaries.
In Q1/2022 London-based Falko signed lease agreements or extensions relating to 16 aircraft, including the completion of its first ATR72 freighter conversion. (ah)