Paris Air Show

Leasing Company Signs for up to 20 ATR 72-600s

 - June 19, 2013, 12:50 PM

Leasing firm HGI yesterday placed a firm order for 10 ATR 72-600s for delivery to Brazilian carrier Passaredo Linhas Aéreas. The value of the deal, including options on another 10 airplanes, amounts to $482 million. HGI Capital Group also becomes a shareholder of Passaredo, following the approval of ANAC, Brazil’s National Agency for Civil Aviation.