Singapore-based lessor Avation has exercised its options with ATR to acquire eight ATR 72-600 turboprops. All eight aircraft are scheduled for delivery between 2020 to 2022. Total value of the aircraft is approximately $214.4 million at list prices. An ATR spokesperson told ATW the deal was confirmed the last week of December, bringing Avation’s total of ATR 72-600s on order to 11. “In addition to this order, the company has maintained its purchase rights and price ...

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