Martin Møller, Chairman of NAC, declared: “We are pleased to further expand our business both with Garuda and ATR and to contribute to deploy optimal regional air connectivity across Indonesia. South East Asia is definitely providing us with huge leasing potential and the ATR 72-600s perfectly match the requirements for short-haul travel in terms of low operating costs, comfort and ability to operate in small airfields and remote areas”.
Filippo Bagnato, Chief Executive Officer of ATR, said: “We are honoured by the fact that Garuda Indonesia is selecting ATR aircraft to expand their regional business and we are pleased to further consolidate our partnership with NAC, which has been instrumental in cementing this deal. This agreement highlights the strong commercial success of the ATR 72-600 in Asia, where it has become the new benchmark for the development of regional air connectivity”. He also reaffirmed that “the deployment of the ATR customer support offer in Southeast Asia is a major component of our success and we will continue investing to support and further develop this growing region”.
About the ATR 72-600:
Passenger capacity: 68 to 74 seats
Engines: Pratt & Whitney 127M
Maximum take-off power: 2,750 horsepower per engine
Maximum take-off weight: 23,000 kg
Maximum load: 7,500 kg
Maximum flight range when fully loaded: 900 nautical miles (1,665 km)
About Garuda Indonesia:
Garuda Indonesia is the “flag carrier” of Indonesia operating 126 aircraft (per H1-2013) to serve 39 domestic destinations and 20 international destinations across Southeast Asia (Kuala Lumpur, Penang, Singapore, and Bangkok), the Middle East (Jeddah and Abu Dhabi), Asia (Tokyo, Osaka, Beijing, Shanghai, Guangzhou, Hong Kong, Taipei, and Seoul), Australia (Sydney, Melbourne, Perth, and Brisbane), and Europe (Amsterdam), out of its four hubs in Indonesia, namely Jakarta, Denpasar, Makassar, and Medan. In line with improvements in various aspects of its performance and service, Garuda Indonesia has won a number of accolades and recognition from both national and international institutions, including “The World's Best Economy Class” award from Skytrax in June 2013 and the “Best in Region: Asia and Australasia”, by the “Airline Passenger Experience Association (APEX)”, in September 2013.
About Nordic Aviation Capital:
Founded in 1990 in Denmark, Nordic Aviation Capital is headquartered in Billund (Denmark). NAC is the global leader in turboprop leasing and finance with over 180 aircraft and 35 customers worldwide. The company has regional offices in Ireland, Canada and Singapore which supply aircraft to top tier carriers such as Lufthansa, Air France, US Airways, Garuda, Avianca, Flybe, Azul and Air Berlin. For additional information, log on to www.nac.dk
Founded in 1981, ATR has become the world leader on the market for regional aircraft with 90 seats or less. Since its creation, ATR has sold over 1,300 aircraft. ATR planes are represented in the fleets of 180 operators in 90 countries and have totalled over 21 million flight hours. ATR is an equal partnership between two major European aeronautics players, Alenia Aermacchi (a Finmeccanica Group company) and EADS. Its head office is in Toulouse. ATR is ISO 14001 certified. This is the international reference standard in the field of environmental friendliness. For additional information, log on to www.atraircraft.com.
You can also follow ATR on its official YouTube channel: ATRbroadcast and on Twitter: @ATRaircraft.
The contract value is $74.1 million at current list price. The entry into service is expected from end 2014 through 2015.
Signed for an initial period of four years, the contract covers the four ATR 72-600s already owned by the airline.