PARIS 2011: GECAS orders 15 ATR 72-600s

GE Capital Aviation Services (GECAS) has ordered 15 ATR 72-600s with 15 options in a signing ceremony conducted by ATR CEO Filippo Bagnato (right) and GECAS president and CEO Norman Liu.

“This is our first ever ATR order so we’re happy to sign. ATR has a great operator base so we look forward to placing the aircraft globally,” declared Liu. “We’ve been a financier in the turboprop market and manager of around 30 turboprops for some time, so buying aircraft directly from the manufacturer for the first time was a logical extension of our product family.”

“I’m sure this will complement the global offer of GECAS,” remarked Bagnato. “For us it’s an important achievement as again this year we have the entry into our portfolio of an important lessor.” The CEO was referring back to the order which ATR received from Air Lease Corporation at last year’s Farnborough Air Show.

Bagnato added that deliveries will begin next year with four scheduled for delivery in 2012 and 11 to be taken in 2013. The options, should they be taken, are planned for the year after.

Asked about potential placement of the aircraft, Liu responded, “We’re actively marketing them but have nothing to announce today.” He also admitted that if a 90-seat turboprop is developed GECAS would almost certainly be interested.

Bernie Baldwin, editor, Low-Fare & Regional Airlines/
Paris, France

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