Aviation News – Singapore-based lessor Avation has officially exercised purchase rights for five ATR 72-600 aircraft, marking a significant expansion of its long-term partnership with the world’s leading regional manufacturer. This strategic move ensures a steady supply of high-efficiency turboprops to meet rising global demand through the late 2020s.
The agreement stems from a long-term framework established in 2011, bringing the total number of ATR aircraft ordered by Avation to 54 over their 15-year cooperation. These five new units are scheduled for delivery between 2028 and 2029. Currently, Avation manages a robust portfolio of 27 ATRs placed with various global operators, having successfully integrated three new airline partners in just the last six months.
The ATR 72-600 serves as the backbone of Avation’s regional strategy, designed to support both the replacement of aging fleets and the development of new routes. By securing these delivery slots now, the lessor positions itself to capitalize on an industry-wide need for over 2,000 new turboprops predicted by analysts over the next two decades.
From a technical standpoint, the ATR 72-600 is recognized as the most fuel-efficient regional aircraft in its class. It delivers the lowest seat-mile cost in the industry, offering significantly lower operating expenses compared to similar regional jets. This efficiency makes it the primary platform for airlines looking to optimize short-haul networks while reducing their carbon footprint.
