Avation PLC, a lessor based in Singapore, has signed a Letter of Intent with the Japanese startup airline JCAS Airways for the lease of an ATR 72-600 aircraft. This agreement underscores JCAS Airways’ dedication to launching operations with the new generation turboprop, with the aircraft delivery planned for the end of 2025. Initially, the airline will operate routes connecting Kansai to Toyama and Yonago.
This lease is part of Avation’s recent order for ten ATR 72-600 aircraft, highlighting the dynamic nature of the regional market and the appeal of ATR aircraft. The ATR 72-600 is celebrated for its remarkable fuel efficiency, versatility, and capability to function in challenging environments, making it an excellent option for expanding regional connectivity in Japan.
Seiji Shirane, CEO of JCAS Airways, stressed the significance of regional air connections for Japanese communities, emphasising the airline’s role in bolstering the economy and preserving essential links. Jeff Chatfield, Executive Chairman of Avation PLC, commended JCAS Airways’ decision, noting the ATR 72-600’s low carbon footprint and its compatibility with sustainable aviation fuel (SAF).
Alexis Vidal, ATR’s SVP Commercial, shared enthusiasm for the partnership, highlighting the ATR 72-600’s unparalleled performance and the support ATR will offer to JCAS Airways. The introduction of this aircraft aims to improve regional connectivity across Japan’s extensive archipelago, supporting trade, commerce, healthcare, and education.
ATR is dedicated to assisting Avation and JCAS throughout the delivery process to ensure a successful start of operations, reinforcing the essential connectivity for Japan’s many islands.
Avation PLC (LON:AVAP) is a commercial passenger aircraft leasing company owning a fleet of aircraft which it leases to airlines across the world. Avation’s future focus are new technology low CO2 emission aircraft.
