euroAtlantic Airways Acquires Two Further Boeing 777 Aircraft
November 25 2024 - 4:00AM
Business Wire
euroAtlantic Airways (“EAA”), a Njord Partners portfolio company
and a leading Portuguese aircraft wet-leasing and charter business,
is pleased to announce the successful completion of a deal to
acquire two Boeing 777 aircraft, further strengthening its fleet
and expanding its capabilities to meet growing market demand. The
deal marks a significant milestone for the Company as it continues
to enhance its position in the global airline sector.
This acquisition, which brings the Company’s fleet to a total of
five Boeing aircraft, is part of a broader strategy to expand
service offerings, improve operational efficiency, and enhance
customer experience. The deal to acquire the two aircraft, which
are already operated by EAA, will secure the Company’s current
capacity on key international routes, supporting the Company’s
long-term growth objectives and commitment to delivering
world-class service to passengers.
“We are very pleased to permanently bring these two Boeing 777
aircraft into our fleet,” said Stewart Higginson CEO &
Chairman of EAA. “These three-class long-range high payload
Boeings are renowned for their reliability and exceptional
passenger comfort, making them an ideal choice as we continue to
expand our operations. We have been operating these two aircraft
for over a year now and would like to thank our long-term partners
involved in this deal. This move ensures we are well-positioned to
meet the increasing demand for air travel while maintaining our
focus on sustainability and operational excellence.”
Since its inception, EAA has been a trusted partner for aircraft
operators, businesses, and governments around the world, providing
flexible, high-quality aviation operations for both commercial
flights and specialized missions. The Company stands out not only
for its extensive experience but also for its commitment to the
highest safety standards and the implementation of cutting-edge
technologies to optimize fleet management.
EAA continues to expand its global presence, serving diverse and
demanding markets, and remains committed to innovation and
excellence in the aviation sector. The Company remains committed to
its core values of safety, reliability, and customer satisfaction,
and is focused on building a strong, resilient, and
forward-thinking business in an ever-changing aviation
landscape.
“For over 30 years, our mission has always been to provide
exceptional aviation solutions, building long-lasting relationships
with our clients and ensuring every flight is safe and efficient,”
said Stewart Higginson, CEO & Chairman of EAA. “Our
international recognition is a reflection of the trust our clients
place in us and the quality of service we deliver with every
operation.”
About euroAtlantic Airways
euroAtlantic Airways is a Portuguese airline specializing in
ACMI and charter solutions, operating a diverse fleet of aircraft.
Headquartered in Carnaxide and based at Lisbon Airport, it offers
charter services, wet-lease, and Ad-Hoc flights across the globe,
and has served 719 Airports in 176 countries in 30 years of
operations. With over three decades of expertise in the aviation
industry, EAA has established itself as a global leader in
providing ACMI (Aircraft, Crew, Maintenance, and Insurance) and
Charter solutions. Over the years, the Company has earned a
reputation for delivering tailored services that meet the unique
needs of its clients, with a continued focus on safety, efficiency,
and innovation. euroAtlantic Airways is majority owned by Njord
Partners.
To find out more visit:
https://www.euroatlantic.pt/en/quem-somos/
About Njord Partners
Njord Partners is a European special situations investment
manager and provider of long-term flexible capital solutions,
primarily to family-owned businesses. Established in 2013, Njord
Partners has invested in 24 businesses and manages capital in
excess of €1 billion.
To find out more visit: https://njordpartners.com/
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Media enquiries: via Camarco Jennifer Renwick Letaba
Rimell
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