Falko Plans New-build Regional Aircraft Orders
Falko, the company formed with the backing of New York-based Fo
Eznis Airways of Mongolia acquired two RJ85s earlier this year from BAE. Since Falko took over the business in mid-July, transactions have continued. At the August 4 briefing in London it announced that Starbow of Ghana had acquired two BAe 146-300s; Romavia had leased a 146-200; and Aviastar Mandiri of Indonesia had acquired a single 146-200.
Eznis Airways of Mongolia acquired two RJ85s earlier this year from BAE. Since Falko took over the business in mid-July, transactions have continued. At the August 4 briefing in London it announced that Starbow of Ghana had acquired two BAe 146-300s; Romavia had leased a 146-200; and Aviastar Mandiri of Indonesia had acquired a single 146-200.

Falko, the company formed with the backing of New York-based Fortress Investment Group to acquire BAE Systems’ regional aircraft portfolio, plans to pursue a strategy whereby it will purchase regional aircraft for leasing to its customers–a complete about-face to BAE’s approach, which centered on managed disposal of a once-vast fleet numbering more than 500 aircraft.

In a briefing in London on August 4, Falko CEO Jeremy Barnes, who led what effectively amounted to a management buy-in by former BAE executives, told AIN that Falko would focus on regional aircraft leasing and not go near what he called the “crazy” world of mainstream narrowbodies dominated by Airbus and Boeing, where he sees some irrational buying behavior at present.