DUBAI 2013: GECAS orders up to 10 more ATR 72-600s

GE Capital Aviation Services (GECAS) and ATR have signed a contract for the lessor to purchase five ATR 72-600s with options on a further five of the type, with deliveries set to begin in 2015.

ATR stated that this order from GECAS “confirms the increasing role played by the leasing market for financing ATR’s fuel-efficient turboprop aeroplanes”.

“The ATR 72-600 is a key piece of GECAS’s regional aircraft portfolio of modern, fuel-efficient aircraft,” explained Norman Liu, president and CEO of GECAS. “We have seen significant market interest in the ATRs and that is why we have added more of them to our portfolio. These aircraft will support the strong growth in regional air transport we anticipate over the coming years.”

“This new GECAS aircraft order is a great indicator of the long-term success of our aircraft,” noted Filippo Bagnato, ATR Chief Executive Officer. “We have been building a growing and longlasting relationship with GECAS and we encourage them to continue investing in ATR aircraft in order to offer their customers the most efficient and reliable aeroplane.”

ATR also noted that this order confirms its success among leasing companies all over the world. Since 2010, lessors have bought more than 100 new ATR-600 Series aircraft, contributing to ATR’s nearly 75% of total orders of regional aircraft up to 90 seats.

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