Nordic Aviation Capital, a regional aircraft lessor, announced that it has appointed Norman C.T. Liu as its new President. Liu is a highly accomplished global aviation executive, having been President of GE Capital Aviation Services (GECAS) between 2009 and 2016, and its Chairman in 2016.

Liu is one of the most senior executives in the global aviation sector. He has been a Senior Advisor to NAC since 2019 after a 22-year tenure in senior executive positions with GECAS, which he helped build into an industry leader.

"I look forward to working with NAC's global team and customer base in these highly challenging times," said Liu. "We have much work to do on restoring the balance sheet and portfolio but I'm confident that we will be well-positioned as the industry recovers from the pandemic."

As President, Liu will have a full-time, senior leadership role in the running of the business, and will report to NAC's Board of Directors.

See the full release for information on its restructuring progress.