Two days after it announced it had agreed to lease up to 35 new ATR 72-600 turboprops to Garuda Indonesia, Nordic Aviation Capital has...

Two days after it announced it had agreed to lease up to 35 new ATR 72-600 turboprops to Garuda Indonesia, Nordic Aviation Capital has ordered 15 more ATR turboprops and optioned another 25.

At the European Regional Airlines Association General Assembly in Salzburg on October 3, manufacturer ATR said the new Nordic Aviation Capital (NAC) order ‒ which could reach $1 billion in list-price value if NAC exercises the 25 options ‒ increased the lessor’s total commitments for new ATR aircraft in recent months to 130 aircraft.

This photograph shows ATR's final assembly line at Toulouse-Blagnac Airport

This photograph shows ATR’s final assembly line at Toulouse-Blagnac Airport


At the Paris Air Show 2013 in June, NAC placed a firm order for 35 ATR 600-Series aircraft and took options on 55 more.

In recent years, NAC has built up the largest portfolio of ATR turboprops in the world. It currently manages a fleet of some 90 ATR regional airliners in operation and within the next four years will expand its ATR portfolio up to some 150 aircraft with the delivery of its remaining firm turboprops from ATR’s backlog.

According to ATR, the large orders for ATRs booked by NAC since 2011 underlines the increasing interest from leasing companies in ATR 600-Series aircraft. As of today, some 25 per cent of ATR’s total firm-order will be delivered to leasing companies, the manufacturer says.

“We are pleased to have inked such an outstanding amount of ATRs this year, as this clearly underlines the business these aircraft are providing us all over the world,” says Martin Møller, chairman of NAC.

“Their strong performance and reliability, coupled with their proven operational success in very different environments, make them the right choice for us when thinking about expanding our regional aircraft activities,” adds Møller. “When a type of aircraft is operated by more than 180 airlines in more than 90 countries, you have the best proof of their popularity and convenience for regional networks.”

“In the last years, we have developed and consolidated a very fruitful partnership with NAC,” says Filippo Bagnato, chief executive officer of ATR. “The result of the strong work we have done together is that today the ATRs are entering into new markets, are being operated by an increasing number of airlines and are contributing to further deploy regional air connectivity in many countries. NAC is playing a key role in expanding the popularity of the newest ATR -600s all over the world.”