Nordic Aviation Capital buys its first ATR 42-600
With over 100 ATR aircraft in their portfolio NAC is the largest ATR aircraft owner in the world.
Toulouse, 11 July 2012
Today at the Farnborough Airshow, the European regional aircraft manufacturer ATR and the Danish leasing company Nordic Aviation Capital (NAC) signed a contract for the purchase of an ATR 42-600, the first new ATR42-600 that NAC have taken. This contract along with the 12 new ATR 72-600s and ATR 72-500s already ordered by NAC highlight the strong interest of leasing companies in the ATR aircraft family.
Leasing companies represent almost 20% of the total ATR sales within the last couple of years.Today, some 160 ATR aircraft in operation around the world are owned by leasing companies.
Commenting on the deal, Martin Møller, Chairman of Nordic Aviation Capital, declared: “We have been marketing ATR aircraft for many years now and we and our customers are very satisfied with the low aircraft operating costs, profit potential and residual values that these aircraft have offered and now will continue to offer with the new 600 series models. The acquisition of the new ATR 42-600 aircraft completes our line-up of availability of the full ATR model range and we hope to continue to grow our portfolio with further acquisitions of this the most modern of 50-seat turboprop aircraft”.
Filippo Bagnato, Chief Executive Officer of ATR, declared: “This deal with Nordic Aviation Capital underlines the interest of our 50-seat ATR 42-600 for regional operations. Wes strongly believe in the high potential of this aircraft, particularly in markets where regional jets have become unprofitable, as well as to replace former 50-seat turboprops and upgrade capacity in growing 30-seat markets. With the continuous expansion of our portfolio of operators, leasing companies have the opportunity of further developing business opportunities. We are pleased that such a long-term partner as NAC is now introducing the new ATR 42-600, as they are now able to propose to their customers the many advantages of the whole ATR -600 series family”.
About the ATR 42-600:
- Passenger capacity: 46 to 50 seats
- Engines: Pratt & Whitney 127M
- Maximum take-off power: 2400 horsepower per engine
- Maximum take-off weight: 18,600 kg
- Maximum load: 5,500 kg
- Maximum flight range when fully loaded: 800 nautical miles (1,483km)
About Nordic Aviation Capital:
Nordic Aviation Capital was established in 1990 and is headquartered in Billund, Denmark. NAC is dedicated to the leasing, financing and sales of regional turboprop and jet aircraft to operators worldwide. The company has regional offices in the US, Ireland, Singapore, Canada and the United Kingdom, providing lease aircraft to a wide range of operators such as Lufthansa, US Airways, LAN Group, Garuda, Eurolot, Flybe, Air Nostrum, TRIP, Air Berlin, TACA and Air France affiliates.
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 approximately 1,200 aircraft to over 180 operators based in 91 countries. ATR planes 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 for environmental friendliness.
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