Nordic Aviation Capital Orders 75 ATR 42-600s

Nordic Aviation Capital (NAC), a regional aircraft trading and leasing company with the world's biggest ATR fleet, has signed a total order for 75 ATR 42-600 aircraft, in a deal valued at over US$1.55 billion.

Deliveries will commence in 2015 through to 2020.

By confirming this order for new ATR 42-600s - which includes 25 firm orders and 50 options for the type - NAC is demonstrating its full confidence in the smaller 50-seater ATR 42-600 series, recognizing that the replacement market for sub 50-seat turboprops is very under-served.

This landmark ATR order comes just one year after NAC signed an order for up to 90 ATR aircraft, a contract worth a total US$2.1 billion at the Paris Air Show. This was followed by an add on order worth a total of US$ 820 million of up to 35 ATR 600 series aircraft, announced during the ERA General Assembly in October 2013. Taking all NAC's commitments (firm and options) into account the figure now rises to well over 200 new aircraft.

Martin Møller, Chairman of NAC, said, “The ATR-600 series aircraft is firmly established as a long-term cornerstone of NAC's portfolio of modern, fuel efficient regional aircraft. Now we are seeing a renaissance for the ATR 42 too with the state of the art -600 Series as operators seek a replacement for their ageing sub 50-seat fleets. We are duly pleased to be the first leasing company to sign a significant order for the ATR 42-600. The ATRs allow us to offer our customers a significant reduction in fuel consumption and one of the most comfortable cabins in its class, through our tailored leasing solutions.”

ATR 42-600

Passenger capacity: 46 to 50 seats
Engines: Pratt & Whitney 127M
Maximum take-off power: 2400 horsepower per engine
Maximum take-off weight: 18,600 kg
Maximum load: 5,500 kg
Maximum flight range when fully loaded: 800 nautical miles (1,483 km)

See also: HD Videos from the Singapore Airshow 2010, HD Videos from Asian Aerospace 2011, HD Videos from Singapore Airshow 2012, HD Videos from Farnborough 2012 and HD Videos from Singapore Airshow 2014