Market Intelligence: North America

Global Aircraft Lessor Dubai Aerospace Enterprise (DAE) Signs Definitive Agreement to Acquire Nordic Aviation Capital

Dubai, U.A.E. – Dubai Aerospace Enterprise (DAE) Ltd (“DAE”) announced the signing of a definitive agreement to acquire 100% of the Nordic Aviation Capital group of companies (“NAC” or “Nordic Aviation Capital”), an aircraft leasing company formed over 30 years ago. Terms of the transaction were not disclosed.

As of September 2024, NAC’s fleet comprised of 252 owned and committed assets on lease to approximately 60 airline customers in approximately 40 countries.

On a pro forma basis, DAE Capital’s fleet will comprise of approximately 750 owned, managed and committed aircraft with a total value of approximately US$22 billion on lease to approximately 170 airline customers in approximately 70 countries.

Firoz Tarapore, Chief Executive Officer of DAE, commented, “We are delighted at this opportunity to add NAC’s capabilities, complementary market presence, and people to our platform. This transaction will allow us to provide more cost-effective solutions to a larger group of customers.”

The transaction will be appropriately capitalized and funded by internal resources and committed debt financing. Consequently, DAE’s leverage and funding metrics will remain comfortably within the levels consistent with DAE’s credit ratings. The transaction is subject to required regulatory approvals and approval of the shareholders of NAC Holdings Limited and is expected to be completed in the first half of 2025.

DAE was advised by Allen Overy Shearman Sterling LLP and KPMG.

About DAE
Dubai Aerospace Enterprise (DAE) Ltd is a globally recognized aviation services corporation with two divisions: DAE Capital and DAE Engineering. Headquartered in Dubai, DAE serves over 170 airline customers in over 65 countries from its seven office locations in Dubai, Dublin, Amman, Singapore, Miami, New York, and Seattle.

DAE Capital is an award-winning aircraft lessor with an owned, managed, and committed fleet of approximately 500 Airbus, ATR, and Boeing aircraft with a fleet value of US$18 billion. DAE Engineering provides regional MRO services to customers in Europe, Middle East, Africa, and South Asia from its state-of-the-art facility in Amman, Jordan, accommodating up to 17 wide and narrow body aircraft. It is authorized to work on 15 aircraft types and has regulatory approval from over 25 regulators globally.

Source: Dubai Aerospace Enterprise
Photo Credit: Dubai Aerospace Enterprise

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Sterling Flight Training Tallahassee Receives Florida VA Approval to Accept Education Benefits for Flight Training

Tallahassee, Florida, USA – Sterling Flight Training is excited to announce that its Tallahassee location, following FAA Part 141 approval in September, is now eligible to accept VA education benefits. These benefits include the Montgomery GI Bill, Post-9/11 GI Bill, and Veteran Readiness & Employment (VR&E). This milestone marks a significant step forward in Sterling Flight Training’s commitment to providing top-tier flight training solutions and meeting the growing demand for skilled pilots in the region.

“This approval is a testament to our dedication to supporting our veterans and their educational goals,” said Wayne Heller, CEO and President of Sterling Flight Training. “As the nation continues to face a pilot shortage, we are thrilled to offer a pathway for veterans to leverage their benefits and pursue rewarding careers in aviation. This growth also positions our Tallahassee location as a key hub for flight training in the Southeast.”

The ability to accept VA benefits will open new doors for veterans and service members seeking comprehensive flight training programs. With its FAA Part 141 approval, Sterling Flight Training Tallahassee provides structured and efficient training paths designed to help students achieve their aviation goals, whether they aspire to become private pilots or advance to professional aviation careers.

Looking ahead, Sterling Flight Training is committed to expanding opportunities for its students. In 2025, the Tallahassee location anticipates becoming an approved flight training affiliate for Liberty University, pending final approval. This partnership will allow students to integrate their flight training with Liberty’s respected aviation degree programs, creating even more pathways to success, and maximizes military education benefits for potential students.

The Tallahassee campus is located at 3244 Capital Cir SW, Tallahassee, FL 32310, within the Tallahassee International Airport.

About Sterling Flight Training
Sterling Flight Training, a portfolio company of Wexford Capital LP, is Jacksonville’s premiere flight school, offering programs from private pilot to professional pilot. Backed by a team of airline industry veterans with more than 100 years of combined aviation experience, the Sterling team has led the training initiatives for thousands of airline pilots across the US. Students receive training they can trust with safety always top of mind. The school is FAA and VA approved, and offers degrees through both in-house training programs and university affiliations.

Source: Sterling Flight Training
Photo Credit: Sterling Flight Training

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Pilot Training and Flight Equipment Supplier, Pooleys, to Attend Key Aviation Events in 2025

UK – Pooleys, a United Kingdom headquartered leading manufacturer and publisher of aviation, pilot training content and flight equipment supplier, has announced its schedule of event appearances for 2025. The company will participate in a variety of aviation and pilot training events across Europe, South Africa, and the UK to engage with industry stakeholders.

  • Event Schedule 2025:
    • 18th January – Future Pilot Skills Event, University of West London, UK
    • 21st – 22nd February – Pilot Expo, Brussels Airport, Belgium
    • 22nd February – British Gliding Association Conference, Loughborough University, UK
    • 22nd March – Pilot Careers Live, London, UK
    • 9th – 12th April – Aero Friedrichshafen, Germany
    • 3rd – 4th May – Microlight Trade Show, Popham, UK
    • 10th – 11th May – Pooleys Air Days, Compton Abbas, UK
    • 16th – 17th May – Private Flyer London, Wycombe Air Park, UK
    • 5th – 7th June – France Air Expo, Lyon Bron, France
    • 25th – 27th June – AERO South Africa, Wonderboom Airport, South Africa
    • 29th – 31st August – LAA Rally, Leicester, UK
    • TBC – Pilot Careers Live, London, UK

Note: Pooleys highlights that event dates and participation are subject to change without notice.

About Pooleys
Pooleys, headquartered in the UK, is a leading supplier of aviation equipment and training materials, serving pilots, flight schools, and aviation enthusiasts worldwide. Known for its high-quality products, Pooleys actively participates in industry events to engage with the aviation community.

Source: Pooleys

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Flight Simulator Manufacturer, Flightdeck Solutions, Rolls C208 Caravan Device of Production Line in 2025

Newmarket, Ontario, Canada – Flightdeck Solutions (FDS) has rolled off the production line a “tricked-out” C208 Caravan device with its own instructor hideout at the start of 2025.

This follow’s November 2024’s announcement that FDS had completed the expansion of its headquarters, increasing its facility to 10,000 square feet to accommodate growth in both domestic and international markets. The expansion reflects the company’s measured approach to scaling operations after 24 years of serving the aviation training industry.

“While we’ve doubled our facility size approximately every decade, this expansion is different,” explained Peter Cos, President of Flightdeck Solutions. “We’ve implemented purpose-built production areas and enhanced quality control systems that will benefit our customers for years to come.”

The newly configured facility introduces dedicated device assembly bays with upgraded infrastructure, effectively doubling production capacity. A new demonstration area enables customers to experience fully-built aircraft trainers, complete with a 220-degree wrap-around visual display system, able to support a range of aircraft builds, including A320, B737MAX, and Q400 models.

FDS’s steady growth is evidenced by its delivery of 25 flight training devices to Canadian institutions alone over the past two years.

About Flightdeck Solutions
Flightdeck Solutions (FDS) is a global provider to the aerospace and aviation industry for a wide range of flight simulation products and services. Over its 24-year history FDS has gained worldwide trust for producing high quality, immersive and fully tactile FTD trainers, becoming the solution of choice for companies and educational institutions around the world. With devices such as the B737MAX, B737NG, A320, B787, B777, and B747, and trusted by companies like Boeing, Honeywell, and CAE, FDS has built a reputation for providing both custom hardware solutions and turnkey offerings, delivering excellence in quality while maintaining financial responsibility.

Source: Flightdeck Solutions

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