Garuda signs with ATR and NAC for 25 ATR 72-600s

ATR, Garuda Indonesia and Nordic Aviation Capital (NAC) have announced an agreement for the introduction of up to 35 new ATR 72-600 aircraft into Garuda's fleet.
This new deal for 35 ATRs, involving NAC as lessor for Garuda, includes orders for 25 firm aircraft and options for further 10.
First deliveries of these new ATR 72-600s will start in November 2013. The aircraft will be configured with 70 seats and will be used for the development of both tourism and business throughout the Indonesian archipelago as well as to feed Garuda Indonesia's main hubs.
This deal underlines NAC's role as a key player in the regional aircraft leasing business. The Danish lessor is building up its portfolio substantially with ATR turboprops including a recently placed record order for 90 ATR -600s at this year's Paris Airshow.
President and CEO of Garuda Indonesia, Emirsyah Satar, said that the agreement is part of the airline's “Quantum Leap 2011-2015” transformation and expansion programme. “We are very happy to be developing our regional business with ATR 72-600s, the aircraft which stand out as one of the best choice for short-haul flights and operations between the various islands of Indonesia.”
Martin Møller, chairman of NAC, declared, “We are pleased to further expand our business both with Garuda and ATR and to contribute to deploy optimal regional air connectivity across Indonesia. South East Asia is definitely providing us with huge leasing potential and the ATR 72-600s perfectly match the requirements for short-haul travel in terms of low operating costs, comfort and ability to operate in small airfields and remote areas.”

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