The evolving aircraft leasing sector: Promising future prospects and flexibility for airlines

Avation PLC has ordered ten ATR 72-600 aircraft to become part of its fleet. This new generation turboprop, known for its exceptional performance, offers the lowest CO2 emissions per trip in the regional market, reaffirming Avation’s

During the worst days of the pandemic, many regional and remote communities relied on turboprops to deliver urgent medical personnel, supplies, and services and to keep them connected to the outside world, particularly in areas with

Singapore-based lessor Avation has ordered 10 ATR 72-600s and signed purchase rights for another 24 examples.  Delivery of the 10 turboprops are scheduled between 2025 and 2028, states ATR, in a statement announcing the order. The

ATR, the world’s number one regional aircraft manufacturer, announced the signature of a firm order for 10 ATR 72-600 with Avation PLC. Deliveries are scheduled between 2025 and 2028, showcasing Avation’s long-term vision and confidence in

Avation PLC has reached full capacity utilization by leasing its last off-lease ATR 72-600 to PNG Air for six years, marking a significant post-pandemic recovery milestone. The aircraft leasing company’s fleet is now fully employed, allowing

Airbus SE (stock exchange symbol: AIR) has announced that C. Jeffrey Knittel is retiring as Chairman and Chief Executive Officer of Airbus Americas, Inc. effective June 3, 2024, after serving as the region’s top executive since

French aircraft giant Airbus has delivered 142 planes to customers this years, nearly twice as many as its American rival Boeing, which is struggling with production amid heightened scrutiny after a door plug fell off one

The aviation industry has dealt with some major challenges in recent decades, from the aftermath of 9/11 and SARS to the global financial crisis. Its recovery was brought to a halt by the COVID-19 pandemic and,

With a specially modified ATR 42, the French public unit for airborne research ‘“SAFIRE” conducts groundbreaking experiments in the sky to collect vital information on meteorological phenomena. Acquired in the early 2000s, SAFIRE’s ATR 42 underwent

ATR has been entrusted by France’s CORAC with leading the consortium driving the PARIDES* research project. This unprecedented study involves over 10 partners exploring new technologies aiming at developing the next generation low-emission regional aircraft. As

The aviation sector is always on the lookout for new technology to make operations more efficient and profitable. While the last few years were quite rocky for the industry, there have also been several technological advancements

The Hydrogen in Aviation Alliance (HIA) launched late last year and has this week warned that breakthroughs in hydrogen-powered mobility pioneered by businesses and academics “will be inconsequential” if they are not supported to commercial maturity “with the appropriate skills,

On Global Recycling Day, ATR and TARMAC Aerosave announced the strengthening of their partnership to further enhance the dismantling and recycling of end-of-life ATR aircraft. The agreement foresees the continued recycling of used ATRs, with up