NORD/LB Group Presentation
News from the business segments
Special Finance: Aircraft financing
Sector breakdown Aircraft
portfolio incl. guarantees¹
100%
as at 30 Sep 2023
Exposure at Default
€3.1bn
in €m¹
Revenues
Expenses
Result²
Risk provisions
Earnings before taxes
1 Jan -
30 Sep 2023
-
12
34
-
22
30
83
1 Jan -
30 Sep 2022
66
-
36
30
46
764
■ Narrowbodies
5%
11%
21%
Widebodies
40%
■Regional Jets
■Freighter
8%
■ Turboprop
15%
Other
1 Slight deviations may occur due to rounding
2 Result before restructuring, reorganisation and taxes
3 Includes negative imputed valuation effects (approx. € -30.1 million) in connection with the
guarantee from the state of Lower Saxony and guarantee fees.
4 Includes positive imputed valuation effects (approx. € +38.8 million) as part of the guarantee
from the state of guarantee from the state of Lower Saxony and guarantee fees
Finanzgruppe
34
NORD/LB has been successfully active in the international aircraft
financing market for more than 40 years. With our financing, we
promote mobility and support global passenger and freight transport
■ We have a broadly diversified portfolio with more than 300 aircraft and
(spare) engines. In addition, there is a portfolio of corporate loans for
airlines and leasing companies, among others
■ Within the framework of our extensive structuring and financing
expertise, we offer our clients a wide range of products. The focus is on
operating leases and finance leases as well as portfolio transactions and
direct loans
■ Focus on modern and more fuel-efficient aircraft types to enable
sustainable and economical concepts in the aviation industry. NORD/LB
is a founding member of the "Impact on Sustainable Aviation Alliance"
■ Under the guarantee of the State of Lower Saxony, around 10 per cent
of the total portfolio is covered
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