LESSOR AVATION GROWS ATR ORDERBOOK, EXPANDING ITS TURBOPROP NICHE

While many lessors focus on narrowbody jet aircraft or also medium-sized widebodies, Singapore-based lessor Avation has a portfolio ranging from ATRs to a 777-300ER.

Also at the airshow, Avation disclosed it will place two ATR72-600s with Bangladesh’s largest private airline, US-Bangla Airlines.

While the deal brings Avation’s ATR purchases to 45, it has re-sold ATRs over the years. Today it manages 28 ATRs, split between 22 -600s and six -500s, and has a further six on order, according to its website.

Denmark’s Nordic Aviation Capital owns the world’s largest fleet of turboprop aircraft.

Collected and summarized from the source below by Minh Pham  https://thewofa.com/2020/02/lessor-avation-grows-atr-orderbook-expanding-its-turboprop-niche/