Limerick-based aircraft leasing firm Nordic Aviation secures court scheme amid Covid-19 storm   

The scheme, which was approved by the High Court today, will allow Nordic Aviation Capital to continue to operate 

A scheme of arrangement for Irish-based aircraft lessor Nordic Aviation Capital (NAC) with its creditors has been approved by the High Court.

NAC had sought to enter into a scheme with its lenders due to the dire effects of the Covid-19 pandemic on the aviation industry.