Agreements

ATR signs order for 10 ATR 72-600 aircraft with Avation

ATR has announced the signing of a firm order for 10 ATR 72-600 aircraft with Avation PLC to be delivered between 2025 and 2028 supported by 24 purchase rights that will go until 2034 continuing the relationship which first began in 2011. 

ATR, the world’s leading regional aircraft manufacturer, has announced the signing of a firm order for 10 ATR 72-600 aircraft with Avation PLC. Avation’s order of the 10 aircraft will be delivered between 2025 and 2028 and is supported by 24 purchase rights that will go until 2034. This is the latest step in the continuing relationship with Avation, which first began in 2011. To date, Avation took delivery of 36 new ATR 72s, while two more are still to be delivered in the coming months of 2024, related to a former order. Today, Avation operates a fleet of 20 ATRs.



Jeff Chatfield, Executive Chairman, Avation PLC said, “Over the years, we have witnessed the exceptional performance of ATR aircraft, and enjoyed both strong airline demand and secondary market value retention. 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 aircraft have 45% lower CO2 emissions per trip than similar-size regional jets, and already 50% SAF compatible, with a target of 100% SAF ready in 2025, as the commitment of the manufacturer to a low-emission aviation. These new aircraft will also support an increase of regional connectivity to remote and under-served areas across the globe, where these links can bring together communities and stimulate economic development by attracting business, tourism, and investment.

Nathalie Tarnaud Laude, Chief Executive Officer, ATR said, “The continued trust from a longstanding customer is the best recognition of our efforts to remain relevant over the years, through continuous innovation. 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.”

Also Read – Honeywell Technology supports low-cost SAF production  

ATR PLC is a Singapore-based commercial passenger aircraft leasing company with its fleet of widebody, narrowbody jet and turboprop aircraft, which it leases to airlines globally. Its customers now include 16 commercial airlines in 14 countries. Avation’s aircraft fleet is entirely leased and in operation.

Question- Who has signed a firm order for 10 ATR 72-600 aircraft with Avation PLC?
Answer- ATR

Question- When will the delivery of the 10 ATR 72-600 aircraft take place?
Answer- Between 2025 and 2028

Question- What is the carbon emission reduction of ATR aircraft compared to similar-size regional jets?
Answer- 45%