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(02/05/24)
Avation, a Singapore-based lessor, has signed a
firm order with ATR for ten 72-600s with options on a further 24
turboprop aircraft extending until 2034.
Deliveries are scheduled between 2025 and 2028.
“Over the years, we have witnessed the exceptional
performance of ATR aircraft, and enjoyed both strong airline
demand and secondary market value retention,” said Jeff Chatfield, Executive Chairman of Avation
PLC. “Avation believes that over the next 10 years, low CO2, SAF
compatible, latest technology aircraft such as the ATR 72, and
potentially its EVO successor, will be an essential component for
efficient travel worldwide. We also believe that establishing a
ten-year programme for the supply of new regional aircraft with
sensible economics is a key component of our long-term business
strategy. ATR 72s with their low operating costs and class-leading
low carbon credentials are an essential addition to almost all
major airlines’ regional networks.”
ATR 72-600
The order marks an expansion of Avation's
relationship with ATR which began in 2011. Since then, the
lessor has taken delivery of 36 new ATR 72s, with two
more scheduled for delivery in the coming months, as part of a
previous order.
Avation currently owns a fleet of twenty ATRs -
comprising sixteen 600s and four -500s, six
A321s, five A220-300s, two A320s, an A330 and a Boeing 777.
“The continued trust from a longstanding customer
is the best recognition of our efforts to remain relevant over the
years, through continuous innovation,” said Nathalie Tarnaud Laude,
CEO of
ATR. “This agreement not only
reinforces our collaboration with Avation, it also reflects the
strong market demand for ATR aircraft. We are proud to contribute
to the success and growth of Avation’s portfolio, while fulfilling
our vision of accelerating sustainable connections by ensuring
communities worldwide get a quick, responsible and reliable access
to essential services.”
ATR aircraft are already 50% SAF compatible and
are expected to be 100% SAF ready in 2025.
See also :
AAPA to Host Turboprop Safety Conference in Kuala Lumpur, Malaysia
in June .
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