SYS-CON MEDIA Authors: Pat Romanski, Elizabeth White, Yeshim Deniz, Glenn Rossman, Cynthia Dunlop

News Feed Item

Lessor Falko Regional Aircraft Limited Adds Bombardier CRJ900 NextGen Aircraft to its Portfolio

Aircraft leased to Adria Airways based in Slovenia

LJUBLJANA, SLOVENIA and LONDON, UNITED KINGDOM and MONTREAL, QUEBEC -- (Marketwired) -- 04/22/14 -- Adria Airways (Adria) of Ljubljana, Slovenia, Falko Regional Aircraft Limited (Falko), and Bombardier Aerospace today announced that Falko has added a Bombardier CRJ900 NextGen aircraft to its portfolio and that the aircraft has been leased to Adria. This acquisition by Falko, a global lessor focused on the regional aircraft sector, resulted from a sale and leaseback agreement with Adria and follows an earlier purchase agreement between Bombardier and Adria for two CRJ900 NextGen aircraft. Falko and Adria have agreed to finance the second CRJ900 NextGen aircraft under a similar sale and leaseback arrangement.

The addition of the first CRJ900 NextGen aircraft to Falko's portfolio follows the company's acquisition of a CRJ900 aircraft a few months ago.

"Our Bombardier CRJ900 regional jets are providing excellent cost efficiency, network flexibility and have been very well received by our passengers," said Mark Anzur, Chief Executive Officer, Adria Airways. "We are very pleased that we have been able to organize the addition of two more CRJ900 NextGen aircraft from Bombardier via sale and leaseback agreements with Falko."

"The addition of the CRJ900 and CRJ900 NextGen aircraft is the latest in a series of acquisitions since Falko's creation in 2011 and represents a further step in the development of the business as the world's leading independent lessor of regional jets," said Mark Hughes, Executive Vice President - Corporate Finance, Falko Regional Aircraft Limited. "The purchase is a key development for Falko, being the first new aircraft with delivery taken directly from the manufacturer and further strengthens Falko's commitment to pursuing targeted regional sector investments. Falko is now in a period of growth and expansion with a strong pipeline of acquisitions."

"We congratulate Falko on the acquisition of its first CRJ900 NextGen aircraft," said Ray Jones, Senior Vice President, Sales, Marketing and Asset Management, Bombardier Commercial Aircraft. "The CRJ900 NextGen aircraft's significant market potential and outstanding value retention, as well as the broad base of CRJ aircraft operators around the world, make the aircraft very attractive to lessors like Falko.

"By adding more CRJ900 NextGen regional jets to its fleet, Adria Airways is confirming that the aircraft are successfully replacing larger aircraft and providing optimum capacity for the airline's operations," added Mr. Jones. "Bombardier is delighted that the CRJ900 NextGen aircraft are proving to be efficient and economical assets that are contributing to Adria's success."

In total, Bombardier has recorded firm orders for 1,814 CRJ Series aircraft, including 341 CRJ900 and CRJ900 NextGen aircraft. Worldwide, CRJ Series aircraft are in service with more than 60 airlines and more than 30 customers operate corporate variants of the aircraft. The aircraft are operating in over 50 countries on six continents, and on average, a CRJ aircraft takes off every 10 seconds somewhere in the world. CRJ Series aircraft have transported more than 1.4 billion passengers and have logged more than 38 million flight hours and over 32 million takeoffs and landings.

About Adria Airways

The Slovenian airline Adria Airways has a wealth of experience spanning over 50 years in charter and scheduled air traffic. Today, the majority of Adria Airways business is in scheduled flights; its network links Ljubljana with 19 cities throughout Europe and offers excellent connections to South East Europe. Adria Airways offers more than 170 scheduled flights each week to Amsterdam, Brussels, Copenhagen, Frankfurt, Istanbul, London, Manchester, Moscow, Munich, Paris, Podgorica, Prague, Pristina, Sarajevo, Skopje, Tirana, Vienna, Warsaw and Zurich.

With the start of the new summer timetable at the end of March, Adria Airways will fly on five new scheduled routes - from Ljubljana to Prague and Warsaw, from Munich to Lodz, from Tirana to Frankfurt and from Pristina to Malmo.

Adria Airways has been a member of Star Alliance since 2004. In connection with its partners the airline offers access to a global network of flights on 25 airlines, which offer more than than 18,000 daily flights to 1,269 airports in 193 countries.

About Falko

Falko was formed in July 2011 when funds managed by Fortress Investment Group completed the purchase of BAE Systems Asset Management and its associated aircraft portfolio.

Falko has a clear growth strategy and intends to continue to expand the business and grow its portfolio of aircraft and services with particular focus on the regional aircraft market. With offices in Europe, Asia, South America and Australasia, Falko is well positioned to deliver a range of solutions across the globe. For further information visit www.falko.com or follow us on Twitter: Falko_RA

About Bombardier

Bombardier is the world's only manufacturer of both planes and trains. Looking far ahead while delivering today, Bombardier is evolving mobility worldwide by answering the call for more efficient, sustainable and enjoyable transportation everywhere. Our vehicles, services and, most of all, our employees are what make us a global leader in transportation.

Bombardier is headquartered in Montreal, Canada. Our shares are traded on the Toronto Stock Exchange (BBD) and we are listed on the Dow Jones Sustainability World and North America Indexes. In the fiscal year ended December 31, 2013, we posted revenues of $18.2 billion. News and information are available at bombardier.com or follow us on Twitter @Bombardier.

Notes to editors

Images of CRJ900 aircraft in the livery of Adria Airways are posted with this release in the news releases section at www.aero.bombardier.com.

Additional information on CRJ and CRJ NextGen aircraft is available at www.crjnextgen.com.

Follow @Bombardier_Aero on Twitter to receive the latest news and updates from Bombardier Aerospace.

Bombardier, CRJ, CRJ900, NextGen and The Evolution of Mobility are trademarks of Bombardier Inc. or its subsidiaries.

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

@CloudExpo Stories
SYS-CON Events announced today that ElasticBox is holding a Hackathon at DevOps Summit, November 6 from 12 pm -4 pm at the Santa Clara Convention Center in Santa Clara, CA. You can enter as an individual or team of up to 10 developers. A New Star Is Born Every Month! All completed ElasticBoxes will then be sent to a judging panel - 12 winners will be featured on the ElasticBox website in 2015. All entrants will receive five full enterprise licenses for one year + ElasticBox headphones + Elasti...
Ixia develops amazing products so its customers can connect the world. Ixia helps its customers provide an always-on user experience through fast, secure delivery of dynamic connected technologies and services. Through actionable insights that accelerate and secure application and service delivery, Ixia's customers benefit from faster time to market, optimized application performance and higher-quality deployments.
Cloud services are the newest tool in the arsenal of IT products in the market today. These cloud services integrate process and tools. In order to use these products effectively, organizations must have a good understanding of themselves and their business requirements. In his session at 15th Cloud Expo, Brian Lewis, Principal Architect at Verizon Cloud, will outline key areas of organizational focus, and how to formalize an actionable plan when migrating applications and internal services to...
SAP is delivering break-through innovation combined with fantastic user experience powered by the market-leading in-memory technology, SAP HANA. In his General Session at 15th Cloud Expo, Thorsten Leiduck, VP ISVs & Digital Commerce, SAP, will discuss how SAP and partners provide cloud and hybrid cloud solutions as well as real-time Big Data offerings that help companies of all sizes and industries run better. SAP launched an application challenge to award the most innovative SAP HANA and SAP ...
SYS-CON Events announced today that Calm.io has been named “Bronze Sponsor” of DevOps Summit Silicon Valley, which will take place on November 4–6, 2014, at the Santa Clara Convention Center in Santa Clara, CA. Calm.io is a cloud orchestration platform for AWS, vCenter, OpenStack, or bare metal, that runs your CL tools puppet, Chef, shell, git, Jenkins, nagios, and will soon support New Relic and Docker. It can run hosted, or on premise and provides VM automation / expiry, self-service portals,...
In her General Session at 15th Cloud Expo, Anne Plese, Senior Consultant, Cloud Product Marketing, at Verizon Enterprise, will focus on finding the right mix of renting vs. buying Oracle capacity to scale to meet business demands, and offer validated Oracle database TCO models for Oracle development and testing environments. Anne Plese is a marketing and technology enthusiast/realist with over 19+ years in high tech. At Verizon Enterprise, she focuses on driving growth for the Verizon Cloud pla...
SYS-CON Events announced today that Aria Systems, the recurring revenue expert, has been named "Bronze Sponsor" of SYS-CON's 15th International Cloud Expo®, which will take place on November 4-6, 2014, at the Santa Clara Convention Center in Santa Clara, CA. Aria Systems helps leading businesses connect their customers with the products and services they love. Industry leaders like Pitney Bowes, Experian, AAA NCNU, VMware, HootSuite and many others choose Aria to power their recurring revenue bu...
Once the decision has been made to move part or all of a workload to the cloud, a methodology for selecting that workload needs to be established. How do you move to the cloud? What does the discovery, assessment and planning look like? What workloads make sense? Which cloud model makes sense for each workload? What are the considerations for how to select the right cloud model? And how does that fit in with the overall IT tranformation? In his session at 15th Cloud Expo, John Hatem, head of V...
The Internet of Things (IoT) is going to require a new way of thinking and of developing software for speed, security and innovation. This requires IT leaders to balance business as usual while anticipating for the next market and technology trends. Cloud provides the right IT asset portfolio to help today’s IT leaders manage the old and prepare for the new. Today the cloud conversation is evolving from private and public to hybrid. This session will provide use cases and insights to reinforce t...
As Platform as a Service (PaaS) matures as a category, developers should have the ability to use the programming language of their choice to build applications and have access to a wide array of services. Bluemix is IBM's open cloud development platform that enables users to easily build cloud-based, creative mobile and web applications without having to spend large amounts of time and resources on configuring infrastructure and multiple software licenses. In this track, you will learn about the...
Blue Box has closed a $10 million Series B financing. The round was led by a strategic investor and included participation from prior investors including Voyager Capital and Founders Collective, as well as the Blue Box executive team. This round follows a $4.3 million Series A closed in December of 2012 and led by Voyager Capital. In May of this year, the company announced general availability of its private cloud as a service offering, Blue Box Cloud. Since that release, the company has dem...
SYS-CON Events announced today that Verizon has been named "Gold Sponsor" of SYS-CON's 15th International Cloud Expo®, which will take place on November 4-6, 2014, at the Santa Clara Convention Center in Santa Clara, CA. Verizon Enterprise Solutions creates global connections that generate growth, drive business innovation and move society forward. With industry-specific solutions and a full range of global wholesale offerings provided over the company's secure mobility, cloud, strategic network...
SimpleECM is the only platform to offer a powerful combination of enterprise content management (ECM) services, capture solutions, and third-party business services providing simplified integrations and workflow development for solution providers. SimpleECM is opening the market to businesses of all sizes by reinventing the delivery of ECM services. Our APIs make the development of ECM services simple with the use of familiar technologies for a frictionless integration directly into web applicat...
The only place to be June 9-11 is Cloud Expo & @ThingsExpo 2015 East at the Javits Center in New York City. Join us there as delegates from all over the world come to listen to and engage with speakers & sponsors from the leading Cloud Computing, IoT & Big Data companies. Cloud Expo & @ThingsExpo are the leading events covering the booming market of Cloud Computing, IoT & Big Data for the enterprise. Speakers from all over the world will be hand-picked for their ability to explore the economic...
Cloudwick, the leading big data DevOps service and solution provider to the Fortune 1000, announced Big Loop, its multi-vendor operations platform. Cloudwick Big Loop creates greater collaboration between Fortune 1000 IT staff, developers and their database management systems as well as big data vendors. This allows customers to comprehensively manage and oversee their entire infrastructure, which leads to more successful production cluster operations, and scale-out. Cloudwick Big Loop supports ...
To manage complex web services with lots of calls to the cloud, many businesses have invested in Application Performance Management (APM) and Network Performance Management (NPM) tools. Together APM and NPM tools are essential aids in improving a business’s infrastructure required to support an effective web experience… but they are missing a critical component – Internet visibility. Internet connectivity has always played a role in customer access to web presence, but in the past few years use...
SAP is delivering break-through innovation combined with fantastic user experience powered by the market-leading in-memory technology, SAP HANA. In his General Session at 15th Cloud Expo, Thorsten Leiduck, VP ISVs & Digital Commerce, SAP, will discuss how SAP and partners provide cloud and hybrid cloud solutions as well as real-time Big Data offerings that help companies of all sizes and industries run better. SAP launched an application challenge to award the most innovative SAP HANA and SAP ...
Software AG helps organizations transform into Digital Enterprises, so they can differentiate from competitors and better engage customers, partners and employees. Using the Software AG Suite, companies can close the gap between business and IT to create digital systems of differentiation that drive front-line agility. We offer four on-ramps to the Digital Enterprise: alignment through collaborative process analysis; transformation through portfolio management; agility through process automation...
What are the benefits of using an enterprise-grade orchestration platform? In their session at 15th Cloud Expo, Jeff Tegethoff, CEO of Appcore, and Kedar Poduri, Senior Director of Product Management at Citrix Systems, will take a closer look at the architectural design factors needed to support diverse workloads and how to run these workloads efficiently as a service provider. They will also discuss how to deploy private cloud environments in 15 minutes or less.
Headquartered in Santa Monica, California, Bitium was founded by Kriz and Erik Gustavson. The 1,500 cloud-based application using Bitium’s analytics, app management, and single sign-on services include bug trackers, customer service dashboards, Google Apps, and social networks. The firm states website administrators can do multiple tasks online without revealing passwords. Bitium’s advisors include Microsoft’s former CMO and the former senior vice president of strategy, the founder and CEO of Li...