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Thu, Nov 16, 2023

Irish Leasing Company Abelo Doubles Down on ATR 72s

Regional Turboprop Proves Popular in Growing Short-Haul Markets

Turboprop lessor Abelo has placed an order for 10 new ATR 72-600s, with options to double that number should they choose to exercise them.

Abelo is a repeat customer for the ATR brand, with a similar order placed in July of 2022 for 10 of the same aircraft. At the same time, Abelo confirmed another order for 10 STOL 42-600S aircraft. The new additions will allow Abelo to meet growing demand for regional air transit, apparently going strong even when others have begun to downsize their new aircraft orders. Abelo should get its first new aircraft of the 2022 order before 2024, with deliveries of this newest batch running from 2026 through 2028.

“In ATR aircraft, we have discovered the ideal solution to support Abelo’s mission of connecting communities and businesses in an economically and environmentally responsible manner," said Steve Gorman, Abelo CEO. "Our aim is to expedite the transition from older aircraft to the most advanced, low-emission technologies, and ATR turboprops have emerged as the top choice for achieving this objective. Having already introduced our initial batch of new aircraft, we have great confidence that our investment will greatly enhance our portfolio and play a vital role in the success of our airline partners seeking outstanding performance, reduced emissions and enhanced passenger comfort."

ATR brass was quite content to bolster the relationship, said Nathalie Tarnaud Laude, ATR CEO. “With a total of 30 ATRs ordered, Abelo’s continued commitment to ATR is a testament to the strong market demand for fuel-efficient and cost-effective turboprops. Through their versatility, low operating costs and reduced CO2 emissions, they serve as the backbone of numerous regional airlines worldwide. Our strong relationship with Abelo relies on common purposes and visions, as well as on our joint recognition of turboprops’ great value proposition today and tomorrow. We will remain committed to providing Abelo with the most innovative solutions long into the future.”

FMI: www.atr-aircraft.com

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