Avianca, ATR in 10-year GMA Deal

 - April 8, 2014, 3:30 AM

Colombia’s Avianca Airlines and ATR have signed a 10-year maintenance contract covering the Medellin-based carrier’s new fleet of ATR 72-600s. Under the so-called Global Maintenance Agreement, ATR will provide repair and overhaul services for the fleet and completely manage line-replaceable units, the maintenance and availability of aircraft parts and components, the advanced exchange pool of services, and a parts inventory at its logistics center in Miami. In late 2012 Avianca signed a purchase agreement with ATR for a fleet of 15 ATR 72-600s, and took an option for 15 more.

A dozen Latin American carriers now operate nearly 100 ATR aircraft covered by the Global Maintenance Agreement.