Singapore-Based Lessor Reinforces Long-Term Partnership With ATR Regional aircraft manufacturer ATR has announced that Singapore-based lessor Avation PLC has exercised purchase rights for five ATR 72-600 aircraft under its long-term framework agreement signed in 2011.The deliveries of the five new aircraft are scheduled for 2028 and 2029, which will bring the total for the company to 54 ordered to date. Avation began its cooperation with ATR 15 years ago. Over that time, the partnership has steadily expanded and matured, supporting Avation in building a significant turboprop portfolio that today includes 27 ATRs placed with operators across the world. In the past six months alone, the lessor has placed ATR aircraft with three new operators.
