(Posted 18th September 2024)
Falko Regional Aircraft Limited (Falko) has completed the delivery of four Embraer E175 aircraft on lease to Airlink, South Africa’s premier independent regional carrier.
The aircraft were delivered on behalf of Falko managed fund, Falko Regional Aircraft
Opportunities Fund II (Fund II) with the first two deliveries concluding in Q4 2023 and the final two deliveries in August and September 2024. Airlink now operates E170, E175 and E190 aircraft from Falko’s managed portfolio.
“We have successfully delivered four E175 aircraft to leading Johannesburg-based airline, Airlink. The addition of these aircraft into Airlink’s fleet marks another significant step by the airline to enhance its regional connectivity and fleet capabilities across Southern Africa, and we are proud to be able to support them in their growth journey.” Mark Hughes, Falko’s Chief Commercial Officer commented. “The transaction further expands Falko’s footprint in Africa, an increasingly important market for regional aircraft. We expect to see significant growth and opportunities in the African aviation market over the next couple of decades as countries look to improve connectivity across and into the continent in a bid to facilitate economic growth.”
Airlink CEO and Managing Director, Rodger Foster said: “The leased Embraer E175s from Falko provide us with the flexibility to provide a consistent top-quality onboard service across a wider band of routes across our network. Currently we serve over 45 destinations in Southern and East Africa and we reach markets across the globe through our code-shares and other partnerships with 36 of the world’s leading international airlines. The commonality with our other E-jets is also vital for air crew training, flight operations and technical support”.
