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16/08Arianespace Vega rocket launches second Pléiades Neo imaging satellite
15/08A US Air Force C-17 carries record number 823 passengers in evacuation flight from Afghanistan to Al Udeid Air Base in Qatar
11/08An Indian GSLV rocket suffered a malfunction of its upper stage during launch, causing the loss of an imaging satellite
06/08Italy confirms plans to develop G550-based C4ISTAR aircraft in co-operatin with the US
05/08Chinese Long March 3B launches Zhongxing-2E communications satellite from Xichang
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22/08Chinese People's Liberation Army Rocket Force successfully conducted live firings of two new conventionally armed short-range ballistic missiles
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19/08Hindustan Aeronautics (HAL) has signed a $716 m order with GE Aviation covering 99 F404-GE-IN20 engines to power its Tejas Mk-1 Light Combat Aircraft
18/08Prototype Il-112V crashes after apparent in-flight Klimov TV7-117ST turboprop engine fire killing the 3 crew members
16/08Arianespace Vega rocket launches second Pléiades Neo imaging satellite
15/08A US Air Force C-17 carries record number 823 passengers in evacuation flight from Afghanistan to Al Udeid Air Base in Qatar
11/08An Indian GSLV rocket suffered a malfunction of its upper stage during launch, causing the loss of an imaging satellite
06/08Italy confirms plans to develop G550-based C4ISTAR aircraft in co-operatin with the US
05/08Chinese Long March 3B launches Zhongxing-2E communications satellite from Xichang
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13/09SpaceX Falcon 9 launched from Vandenberg SFB its 1st dedicated polar Starlink mission carrying 51 Starlink satellites
12/09France confirms deal with Greece for 6 more Rafale fighter jets
22/08Chinese People's Liberation Army Rocket Force successfully conducted live firings of two new conventionally armed short-range ballistic missiles
21/08Arianespace Starsem Soyuz launched its 9th mission for broadband startup OneWeb, expanding its low Earth orbit constellation to 288 satellites
19/08Hindustan Aeronautics (HAL) has signed a $716 m order with GE Aviation covering 99 F404-GE-IN20 engines to power its Tejas Mk-1 Light Combat Aircraft
18/08Prototype Il-112V crashes after apparent in-flight Klimov TV7-117ST turboprop engine fire killing the 3 crew members
16/08Arianespace Vega rocket launches second Pléiades Neo imaging satellite
15/08A US Air Force C-17 carries record number 823 passengers in evacuation flight from Afghanistan to Al Udeid Air Base in Qatar
11/08An Indian GSLV rocket suffered a malfunction of its upper stage during launch, causing the loss of an imaging satellite
06/08Italy confirms plans to develop G550-based C4ISTAR aircraft in co-operatin with the US
05/08Chinese Long March 3B launches Zhongxing-2E communications satellite from Xichang
04/08Brazil’s Gol has signed agreements for 28 more Boeing 737 Max aircraft

Your are here : Home Photo gallery / ATR Signing Ceremony at Singapore Airshow

Published by ATR | February 16, 2016

ATR Signing Ceremony at Singapore Airshow

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ATR Signing Ceremony at Singapore Airshow

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The world’s leading turboprop manufacturer ATR and the Singapore-based commercial aircraft lessor Avation PLC announced an agreement for the purchase of five new ATR 72-600 aircraft. At list prices the acquisition is valued at about US $130 million and brings to 35 the total number of firm ATR 72s ordered by Avation PLC since their first ATR purchase in 2011.

As of today, Avation has already taken delivery of over 20 ATR 72s, mostly ATR 72-600s, which currently fly in the liveries of Virgin Australia, Flybe (for Scandinavian Airlines), UNI Air (Taiwan), Air India and Fiji Airways. Deliveries of the remaining ATR 72-600s on order extend out to 2018.ATR aircraft are the best-selling regional aircraft for below-90-seats size since 2010, representing 77% of global orders for turboprops. ATR is also experiencing an outstanding success among leasing firms in the same period, booking 87% of all their orders for below-90-seat regional aircraft. Avation is the second largest lessor by number of new ATRs ordered.

According to Jeff Chatfield, Avation’s Executive Chairman, “We believe the ATR 72 is the most efficient aircraft type for regional routes. It provides the lowest fuel burn and the most reduced operating costs among all regional aircraft of its category. ATRs are superb assets for lessors, they offer great returns and also allow portfolio diversification. Avation raises equity and debt with the London and New York markets and we are proud to promote the ATR in these essential forums”.

Patrick de Castelbajac, Chief Executive Officer of ATR, announced: “We are pleased to strengthen our business relations with Avation. This company has helped introduce the new ATR ‘-600s’ to a large number of world class airlines operating in regional networks. Our partnership has enabled us to bring our portfolio of operators to over 200 carriers for the first time. Our success among leasing firms from all over the world underlines our product’s ability to consolidate and expand regional connectivity in very different operational environments”.

About the ATR 72-600:

Passenger capacity: 68-78 seats

Engines: Pratt & Whitney 127M

Maximum power at take-off: 2,750 horsepower per engine

Maximum weight at take-off: 23,000 kg

Maximum load: 7,500 kg

Maximum range with full passenger load: 900 nautical miles (1,665 km)

About Avation PLC:

Avation PLC (Public Limited Company) is a specialist in commercial passenger aircraft leasing. The company manages a large fleet of turboprops and jets which it leases to airlines across the world. Avation PLC customers include Virgin Australia, Thomas Cook, Condor, Air France, Fiji Airways and UNI Air. The company’s fleet includes Airbus A320 and Boeing B737 family aircraft as well as ATR 72s and Fokker 100s. For more information, visit www.avation.net.

About ATR:

Founded in 1981, ATR is the world leader on the market for below-90-seat regional aircraft. Since its creation, ATR has sold over 1,500 aircraft. With over 28 million flights, ATR models equip the fleets of over 200 airlines in nearly 100 countries. ATR is an equal partnership between two major European aeronautics players, the Airbus Group and Finmeccanica. Its head office is in Toulouse. ATR is ISO 14001 certified. For additional information, log on to www.atr-aircraft.com. Follow us on YouTube: ATRbroadcast and on Twitter: @ATRaircraft.

Location : Singapore

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