New senior appointments at Nordic Aviation Capital.

Thursday 13th September 2012

Nordic Aviation Capital (NAC), the world's largest regional turboprop lessor, today announced a further strengthening of its top management team as its growth in the sector continues apace.

Kim Graven-Nielsen has been appointed Chief Executive Officer, having served as adviser and Vice Chairman of the company since 2009. Kim previously served as CEO in among others Thomson-Thomson Inc. and Esko-Graphics and lived abroad for several years. He has also held non-executive director roles in several companies, including Colorprint A/S, Reson A/S and BB-Electronics A/S.

A new arrival to the team is Søren Overgaard, who joins NAC as Chief Financial Officer, having held several executive positions within the AP Moller Group. Most recently, he was regional CFO of Damco Europe. Prior to that he held senior positions in Copenhagen and abroad within the AP Moller Group.

Martin Moller, Chairman of Nordic Aviation Capital, commented: "I am looking forward to continuing to build on Nordic Aviation's success these past 22 years and exploring new opportunities in our business."About Nordic Capital:

  • Nordic Aviation Capital ("NAC") was established in Denmark in 1990. Its principal headquarters in Billund, Denmark are complemented by regional offices in the US, Ireland, France, Switzerland and Singapore.
  • NAC is dedicated to the worldwide sale, purchasing and financing of commercial turboprop and jet aircraft and currently has close to 200 aircraft on lease worldwide to 30 operators. The company continues to expand its portfolio.
  • NAC is the world's largest turboprop lessor but it has also been involved in the jet market for many years and currently has a sizeable portfolio of jet aircraft. Most recently it acquired 12 NextGen Bombardier CRJ1000s which are being leased to Garuda Indonesia.
  • NAC's fleet is largely comprised of turboprops including ATR42s and 72s, Bombardier Dash 8-300s and Q400s, Fokker 50s and Saab 2000s, plus jets including Bombardier CRJ and Boeing 737 models. International customers include Lufthansa, US Airways, Flybe, Air Berlin, TACA, Air Baltic, LAN Group, Eurolot and Wideroe.

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