Mon, Jan 20, 2020
This Aircraft Type Now Shapes The Backbone Of The Airline’s Modern Regional Fleet
Regional aircraft lessor TrueNoord has placed two more new ATR 72-600 aircraft on long-term operating leases with expanding Bangladeshi domestic and international operator, US-Bangla. The aircraft have been financed by Citibank, Société Générale and Royal Bank of Canada under TrueNoord’s revolving warehouse facility.
These new aircraft supplement the recently re-marketed ATR 72-600 which TrueNoord transitioned from Air France HOP! in October and bring TrueNoord’s total fleet placed with US-Bangla to three ATRs. This aircraft type now shapes the backbone of the airline’s modern regional fleet.
says “We are delighted to further support US-Bangla’s fleet modernization program," said Anne-Bart Tieleman, CEO – TrueNoord. "Our recent deliveries to them form part of a growing footprint for TrueNoord across the Indian sub-Continent. We are currently working on a variety of transactions where the flexibility and operational route expansion opportunities provided by regional aircraft suit the growth ambitions of several airlines. These two turboprops increase our number to fourteen ATRs out of an aggregate fleet of 48 regional aircraft operating worldwide.”
"These new-vintage ATR 72-600s are needed to meet the growing demand for domestic travel across our route network," said Mohammed Abdullah Al Mamun, Managing Director of US-Bangla Airlines. "We are very pleased to work with TrueNoord as a specialist lessor in the regional sector - their expertise with turboprop aircraft perfectly complements our business strategy.”
Carst Lindeboom, Sales Director Asia Pacific –True Noord, adds that the Company is seeing significant growth across all parts of Asia, and as air travel becomes more affordable and the regional airport infrastructure expands, this increase is set to continue. “The economic and logistical benefits of turboprop aircraft provide the best solution where local geography is inhospitable and shorter runways are commonplace," he said. "TrueNoord’s portfolio of turboprops is operating across India, Bangladesh and South East Asia improving connectivity and commerce.”
(Image provided with TrueNoord news release)
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