Reunion-based Air Austral has completed a sale-and-leaseback deal for two of its ATR 72-500 turboprop aircraft. The agreement is with UK-based regional aircraft leasing and asset management specialist Falko, for which Air Austral is already a customer. Air Austral is based in the French Indian Ocean possession of Réunion and operates services to other islands and the African mainland, as well as to Europe and Asia-Pacific. The two ATRs operate short-haul regional services, while ...

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