Air Lease Corporation orders 2 additional ATR 72-600s

US-based aircraft lessor Air Lease Corporation (ALC) has ordered 2 new ATR 72-600 regional turboprop aircraft. ALC already booked an order in 2010 for 10 ATR 72-600s, plus options for 10 additional aircraft. Today’s contract is the conversion of two of these ten options. The two aircraft are valued at a list price of US$ 45 million. Deliveries of these two ATR 72-600s to ALC will occur in the spring of 2013.

“ALC has successfully placed the 10 aircraft from our initial order at Farnborough last year and we are pleased to continue to offer the ATR 72-600 turboprop as part of our aircraft portfolio,” said Steven F. Udvar-Hazy, Chairman and Chief Executive Officer of Air Lease Corporation. “The ATR 72-600’s attractive economics and performance capabilities make the aircraft a strong asset for our leasing business. ALC seeks innovative solutions for our airline customers and the continued partnership with ATR furthers this mission

Filippo Bagnato, Chief Executive Officer of ATR, declares: “We are delighted with Air Lease Corporation’s choice of introducing additional ATRs into their portfolio. ATR is honored to partner with such a prestigious and worldwide-respected leasing company, and we are convinced that their ATR fleet will bring both ALC and its customers many successful stories. ATR aircraft, because of their economics, proven reliability and state-of-the-art interior designs, have become a worldwide reference among regional carriers. ATRs are providing new business opportunities to lessors, as they see the strong demand for this product, both in booming economies and consolidated markets.”

ATR press release