TrueNoord, founded in 2016, has established itself as a specialist regional aircraft lessor focused on providing a comprehensive suite of services, including leasing, financing, fleet transition, and asset management for aircraft with a capacity range of 50 to 150 seats. Headquartered in The Netherlands, with additional offices in Dublin, London, and Singapore, the company operates a robust international footprint.
TrueNoord's current fleet of over 100 state-of-the-art turboprop, regional jet, and crossover aircraft are leased to more than 30 operators across 24 countries. Their operations facilitate the connection between remote areas and major urban centers and bolster off-peak services, bolstering airlines' reach in underserved markets.
The company is backed by prominent cornerstone investors, including Freshstream, BlackRock, and Patria. Additionally, TrueNoord secured a $275 million debt financing round in April 2023, with participation from significant financial institutions such as Absa Bank Ghana, Morgan Stanley, Umpqua Holdings Corporation, Mitsubishi UFJ Financial Group, Bayerische Landesbank, and Cathay United Bank.