Leonardo CEO urges “speed as important as money” as joint ventures progress picks up
The company’s Q1 2025 results showed a 20% increase in new orders and a 15% increase in revenue across the business.
Nordic Aviation Capital (NAC) has completed the purchase of three new ATR 72-500s from ATR for lease to TRIP Linhas Aéreas of Brazil.
This is a landmark transaction in NAC’s history as it is the first purchase of factory new aircraft from ATR. TRIP Linhas Aéreas is the second largest operator of ATRs in the world with a fleet of 27 ATRs and five Embraer E-175 jets.
Nordic Aviation Capital is a global aircraft leasing company dedicated to the worldwide sale, purchasing and financing of commercial jet and turboprop aircraft. It is currently the largest turboprop lessor in the world and will mark its 20th birthday in 2010.
The company’s Q1 2025 results showed a 20% increase in new orders and a 15% increase in revenue across the business.
Results for Q1 2025 have been strong across the board for many defence companies in Europe with forward-looking statements and predictions for the full year also looking good.
Solutions that identify, engage and destroy targets with minimal or no human intervention are becoming critical on tomorrow’s battlefield.
First quarter 2025 results have been dropping for companies in the past week but many of the US results come with a health warning in their forward-looking aspects about the potential impact of actions by the Trump administration.
The new plan outlined how Spain would reach 2% of its GDP spend on defence by 2025, with €1.9 billion earmarked for new equipment acquisition with several land, naval and air platforms disclosed to be replaced or upgraded.
This budget will be spent over the next four years and nearly doubles the country’s defence spending as part of GDP to 2%.