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HPS Acquires Falko Regional Aircraft from Chorus Aviation

6 December 2024
Falko
On December 6, 2024, Falko Regional Aircraft Limited announced the successful completion of its ownership transition from Chorus Aviation Inc. to affiliates of HPS Investment Partners, LLC. This change marks a significant shift for Falko, which specializes in leasing 70-130 seat aircraft.

Jeremy Barnes, CEO of Falko, expressed enthusiasm about the sale, highlighting the long-standing relationship between Falko's management team and HPS executives. He believes that with HPS's support, Falko will continue to thrive in the leasing market and build on its past successes. Under Chorus's guidance, Falko expanded its portfolio to over 220 aircraft and grew its workforce to 86 employees.

Falko will maintain its current leadership, with Barnes and the existing senior management team continuing to steer the company. As of the ownership change, Falko manages 226 aircraft leased to 39 customers, with offices in Hatfield, Dublin, and Singapore.

Falko is recognized as the largest aircraft lessor and asset manager focused exclusively on the 70-130 seat aircraft segment. The company has a long history in this niche market and aims to expand its aircraft portfolio while enhancing its lease management services.

HPS Investment Partners is a prominent global investment firm that specializes in credit-focused alternative investments. The firm offers a range of capital solutions and manages approximately $148 billion in assets as of September 2024. HPS's diverse investment strategies include senior debt, junior capital solutions, liquid credit, asset-based finance, and real estate.

For more information about Falko, visit their website or follow them on LinkedIn. For inquiries, contact their investor relations team.
Tags
Companies
Keywords
financial services
aircraft leasing
asset management
Industry
financial services
Type
deal news
Strategy
Geography
uk

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