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NAC signs Letter of Intent for turboprop aircraft

Posted on 05 Jul 2019 and read 870 times
NAC signs Letter of Intent for turboprop aircraftCopenhagen-based NAC (a regional aircraft leasing specialist) and Toulouse-based aircraft manufacturer ATR signed a Letter of Intent for up to 105 ATR 72-600 turboprop aircraft at the Paris Air Show last month.

This includes a firm order for 35 aircraft, options for another 35 and ‘purchase rights’ for 35 more. Deliveries of the initial 35 aircraft will begin in 2020 and run up to 2025.

The new deal cements a long-standing collaboration between NAC and ATR that has seen the delivery of 100 aircraft since 2010.

NAC chairman Martin Møller said (www.nac.dk): “To plan for a successful future, it is vital for us to invest in the very best technology.

“The ATR 72-600, with a significant fuel burn advantage, drives lower costs and emissions, making it the optimal choice for many of our clients.

“Aviation is moving towards a sustainable future; with this latest 100-plus aircraft deal, we are making a strategic decision to ensure that airlines can lease and operate the most modern and eco-responsible regional aircraft available in the market.”

ATR CEO Stefano Bortoli said: “This is a smart business move from NAC and one very much in line with the trends in regional aviation to connect communities and develop businesses around the globe in the most responsible and cost-efficient way.

“To receive this order from the leading lessor in our segment validates the value creation and quality of our product and its sustainable credentials and shows the efficiency of turboprop technology going forward.”