NAC Signs LOI for up to 105 ATR -600s

NAC, a regional aircraft leasing specialist, has signed a Letter of Intent for 35 firm ATR -600s, with options for a further 35 and purchase rights for another 35.

Deliveries of the initial 35 aircraft will begin in 2020 and run up to 2025.

This new deal cements a longstanding collaboration between NAC and ATR. Since 2010, over 100 speculative ATR aircraft orders were turned into deliveries to NAC.

NAC Chairman, Martin Møller, said, “To plan for a successful future, it is vital for us to invest in the very best technology, so that we can offer flexible and efficient solutions to our clients. The ATR72-600, with a significant fuel burn advantage drives lower costs and emissions making it the optimal choice for many of our clients. Aviation is moving towards a sustainable future and with this 100+ aircraft deal, we are making a strategic decision to ensure that airlines can lease and operate the most modern and eco-responsible regional aircraft available in the market.”

Stefano Bortoli, Chief Executive Officer of ATR, added, “To receive this order from the leading lessor in our segment, validates the value creation and quality of our product and its sustainable credentials and shows the efficiency of turboprop technology going forward. This deal clearly shows where the trend in regional aircraft is going.”

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