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14/02Tata Group-owned Air India orders 40 Airbus A350s, 20 Boeing 787s, 10 Boeing 777-9s, 210 Airbus A320/321 neos and 190 Boeing 737 MAX
01/02The US Air Force placed an order worth $2 Bn for 15 new Boeing KC-46 air tankers
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10/03 Bell has secured 3 new orders in the Asia-Pacific, including the first Bell 407GXi sale in Taiwan
08/03Japan requests purchase of up to 5 more Northrop Grumman E-2D Advanced Hawkeyes via a deal of $1.4 Bn
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02/03A Falcon 9 lifts off on the Crew-6 mission to the ISS with 4 astronauts from the United States, Russia and United Arab Emirates on board
01/03Raytheon Technologies becomes the world's largest aerospace and defence company with revenue of $67 billion in 2022
15/02The total giant deal for Air India with Airbus and Boeing is estimated at USD 80 Bn
14/02Tata Group-owned Air India orders 40 Airbus A350s, 20 Boeing 787s, 10 Boeing 777-9s, 210 Airbus A320/321 neos and 190 Boeing 737 MAX
01/02The US Air Force placed an order worth $2 Bn for 15 new Boeing KC-46 air tankers
31/01Boeing delivers final iconic 747 Jumbojet, the Queen of the Skies
25/01Ukraine eyes fighter jets after tanks
10/03 Bell has secured 3 new orders in the Asia-Pacific, including the first Bell 407GXi sale in Taiwan
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03/03Start-up Hong Kong carrier Greater Bay Airlines has ordered 15 Boeing 737 Max 9s
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02/03A Falcon 9 lifts off on the Crew-6 mission to the ISS with 4 astronauts from the United States, Russia and United Arab Emirates on board
01/03Raytheon Technologies becomes the world's largest aerospace and defence company with revenue of $67 billion in 2022
15/02The total giant deal for Air India with Airbus and Boeing is estimated at USD 80 Bn
14/02Tata Group-owned Air India orders 40 Airbus A350s, 20 Boeing 787s, 10 Boeing 777-9s, 210 Airbus A320/321 neos and 190 Boeing 737 MAX
01/02The US Air Force placed an order worth $2 Bn for 15 new Boeing KC-46 air tankers
31/01Boeing delivers final iconic 747 Jumbojet, the Queen of the Skies
25/01Ukraine eyes fighter jets after tanks
10/03 Bell has secured 3 new orders in the Asia-Pacific, including the first Bell 407GXi sale in Taiwan
08/03Japan requests purchase of up to 5 more Northrop Grumman E-2D Advanced Hawkeyes via a deal of $1.4 Bn
07/03Japan’s brand-new H3 rocket was destroyed on its inaugural flight after second stage malfunction
06/03Lockheed resumes F-35 flights following December crash caused by ‘harmonic resonance’
06/03Raytheon Technologies awarded valuated $ 250 million contract for a seven—vehicle missile tracking satellite constellation
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03/03Start-up Hong Kong carrier Greater Bay Airlines has ordered 15 Boeing 737 Max 9s
02/03Lufthansa Group is ordering 15 more Airbus A350s, including its first -1000s, and 7 additional Boeing 787s
02/03A Falcon 9 lifts off on the Crew-6 mission to the ISS with 4 astronauts from the United States, Russia and United Arab Emirates on board
01/03Raytheon Technologies becomes the world's largest aerospace and defence company with revenue of $67 billion in 2022
15/02The total giant deal for Air India with Airbus and Boeing is estimated at USD 80 Bn
14/02Tata Group-owned Air India orders 40 Airbus A350s, 20 Boeing 787s, 10 Boeing 777-9s, 210 Airbus A320/321 neos and 190 Boeing 737 MAX
01/02The US Air Force placed an order worth $2 Bn for 15 new Boeing KC-46 air tankers
31/01Boeing delivers final iconic 747 Jumbojet, the Queen of the Skies
25/01Ukraine eyes fighter jets after tanks

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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