Falko sold to HPS Investment Partners.....

Falko is the world’s largest asset manager and aircraft lessor focused solely on the regional aircraft leasing segment. Falko is one of the longest-standing managers of regional aircraft globally. Falko’s strategy is focused on growing its portfolio of aircraft under management and the continued development of products and services in support of its aircraft lease management activity.

Falko is a wholly-owned subsidiary of Chorus Aviation Inc. and is headquartered in Halifax, Nova Scotia, Canada, and had been put up for sale by Chorus. At the end of last month, Chrous confirmed it had entered into a sale and purchase agreement to sell Falko and its affiliates to affiliates of investment funds managed by HPS Investment Partners, LLC.  The Transaction is subject to approval by Chorus’ common shareholders, regulatory approvals and other customary conditions to closing.   

What this will mean for Falko in the long term remains to be seen, however, the sell-off has been welcomed by some in the industry concerned with Chorus's share price and long-term stability. 

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