Paris Air Show

ATR Scores Big Order At Paris, Delivers Avianca ATR 72-600

 - June 18, 2013, 2:20 PM
(left to right) Julian Jacome, Avianca COO, celebrates with Filippo Bagnato, CEO of ATR on delivery of Avianca’s first of 15 ATR 72-600s.

At a ceremony held yesterday at the Paris Air Show, Nordic Aviation Capital (NAC) chairman Martin Møller signed an order for 90 ATR turboprops, including 35 firm (30 ATR 72-600s and five ATR 42-600s), valued at more than $2.1 billion. The first ATR will be delivered to NAC in the fall. ATR is here at chalet B345 and has an aircraft at Static E.

“Today we certainly inked a milestone, for NAC, ATR and the beautiful airline industry,” said Møller. “We love this product. We see it as a way to expand our market share.” At the last Paris Air Show, NAC’s total ATR orders stood at 100, and this new order brings the company’s firm ATR orders closer to 150, he said. “We’re getting closer to 300 aircraft in total [owned by NAC].”

NAC is fielding many new enquiries from airlines seeking to place the ATRs that the company has ordered, according to Møller. “In the short term we are having so many talks that we might run out of this aircraft,” he joked. He attributes the high level of activity in part to regional airlines’ ability to make decisions much faster than large airlines. “We do see high demand for the ATR 42-600.”

In other ATR news, the company also held a ceremony yesterday to celebrate delivery of Avianca’s first of 15 ATR 72-600s that it ordered last year. The Avianca order is for 15 firm and 15 options, valued at more than $700 million. The ATR 72-600 delivered at the Paris Air Show features the new Armonia cabin in a 68-seat configuration. Avianca is gradually replacing its Fokker 50s and ATR 42s with the ATR 72s.

“These aircraft will enable us to further increase our service standards while operating our regional routes even more efficiently,” said Avianca CEO Fabio Villegas Ramirez. “Their advantages in terms of passenger comfort, as well as their excellent performance on high-altitude runways perfectly match the requirements of our regional network. They will also enable us to increase our seating offer and reduce operating costs.”

“Latin America has proven to be a very important market for us recently,” said ATR’s Bagnato. “We have doubled our presence in this region in the last five years, positioning our aircraft as essential tools for the strong growth in regional traffic.”