ATR, world’s regional aircraft manufacturer has signed a “firm order for 10 ATR 72-600 with Avation PLC.” ATR says the deliveries of the aircraft are “scheduled between 2025 and 2028, showcasing Avation’s long-term vision and confidence in the relevance of ATR’s products to serve the regional aviation market. The agreement is further complemented by 24 purchase rights, extending until 2034.”
According to ATR, this order “marks another milestone in the enduring relationship with Avation which began in 2011. Since then, the Singapore-based lessor took 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 20 ATRs.
Emitting 45% less CO2 per trip than similar-size regional jets, ATR says its aircraft “are already 50% SAF compatible, with the aim to be 100% SAF ready in 2025, as part of the commitment to low-emission aviation.”
Jeff Chatfield, Executive Chairman of 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..”
Nathalie Tarnaud Laude, Chief Executive Officer of 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.”