Thursday, November 27, 2014

Lion Group announces new 40 ATR-72-600 order

Indonesia's Lion Group signed a purchase agreement Thursday for 40 additional ATR 72-600 turboprops in a deal worth $1 billion at list prices.
The agreement was signed in Rome and brings the Lion Group’s total order book for ATR 72-600s to 100, making it the largest customer for the type.
Lion Group already has three of its subsidiary airlines operating ATRs: Wings Air with a fleet of 32 ATRs in Indonesia; Malindo Air with 10 ATRs in Malaysia; and Thai Lion Air, with one aircraft in Thailand.
The additional 40 ATR 72-600s will be used to meet the growing demand forecast over the next five years both within the Group's existing operators' networks and to develop other opportunities for ATR operations throughout Asia and developing markets worldwide, ATR said in a statement. Deliveries of this set of aircraft will start in 2017 and run into 2019.
The Pratt & Whitney-powered ATR 72-600 seats between 68 and 74 passengers and has a maximum range of 900 nautical miles.
“The ATR 72-600 aircraft are very competitive as they enable us to ensure a high frequency service. With these new generation airplanes in our fleet, the Lion Group will continue to contribute to the economic development in Indonesia, Malaysia and Asia, including remote regions as well as tourist driven markets such as Bali, Java, Kalimantan [Borneo] and Sumatra,” Lion Group chairman Rusdi Kirana said.

Lion Air was established in October 1999 and started operations in June 2000.

(Karen Walker - ATWOnline News)

No comments: