Danish regional aircraft leasing specialist Nordic Aviation Capital (NAC) and ATR reinforce their relationship with the signature of a contract for the purchase of 7 ATR 42s from the turboprop manufacturerâ€™s portfolio, announced today at the Farnborough Air Show. This marks the fourth agreement between the two companies in less than ten months.
Privately-owned NAC is a world leader in turboprop leasing.Â It currently has 137 aircraft on lease to operators worldwide â€“ 82 of which are ATR aircraft, making NAC the largest ATR lessor in the world.Â
Martin Moeller, NAC Founder and Chairman of the Board commented: â€œATR aircraft have been in our portfolio since the start of our development as a regional aircraft lessor.Â Stable values, a strong revival of interest in turboprops and strong market penetration is making the ATR a very popular aircraft in the market today.Â We are looking forward to expanding our fleet further with the acquisition of additional aircraft and financing further ATR aircraft deliveries.â€
Filippo Bagnato, Chief Executive Officer of ATR commented:Â â€œATR and NAC have been growing faster than ever since the turboprop resurgence started in 2005, and this growth has stemmed from our close co-operation. ATR is proud to benefit from the recognition of such a major player in the regional aviation sector and aims to further increase this co-operation in the near future.â€ Â Â He concluded: â€œNAC is confirming strong interest of lessors for turboprops, owing to high reliability and a high residual value.â€