Garuda stocks up fleet with 35 turboprops

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ATR 72-600Garuda, Indonesia’s national airline, will lease as many as 35 ATR 72-600 turboprop aircraft from Nordic Aviation Capital, ATR said in a statement on October 1.

The airline has signed a commitment for 25 of the planes, with options for 10 more. The deal is worth more than $840 million and deliveries of the aircraft will start in November 2013.

ATR, or Avions de Transport Regional, is a  joint venture between European Aeronautic, Defence & Space Co. (EADS) and Italy’s Finmeccanica, has booked 83 aircraft sales this year including the turboprops for Garuda it previously listed as being purchased by an undisclosed customer. The Toulouse, France-based aircraft maker is outselling rival Bombardier Inc.

The turboprop planes are meant to help Garuda increase its services to remote areas of Indonesia as the ATRs can land on airports with shorter runways. The aircraft, which can seat up to 74 passengers, will accommodate 70 in Garuda’s configuration, said ATR, which has also sold its planes to Indonesia’s PT Lion Mentari Airlines.

About a 100 ATR aircraft will be operating in Indonesia in the next two years as the planemaker has won more than 85 orders from the country since 2008, it said in the statement.

State-controlled Garuda and rival Lion Air are ordering more planes as economic growth enables more of Indonesia’s 253 million people to travel by air. Domestic carriers flew 70 million passengers in 2012, up from 37 million in 2008, according to CAPA Centre for Aviation.

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Garuda, Indonesia’s national airline, will lease as many as 35 ATR 72-600 turboprop aircraft from Nordic Aviation Capital, ATR said in a statement on October 1.

Reading Time: 1 minute

ATR 72-600Garuda, Indonesia’s national airline, will lease as many as 35 ATR 72-600 turboprop aircraft from Nordic Aviation Capital, ATR said in a statement on October 1.

The airline has signed a commitment for 25 of the planes, with options for 10 more. The deal is worth more than $840 million and deliveries of the aircraft will start in November 2013.

ATR, or Avions de Transport Regional, is a  joint venture between European Aeronautic, Defence & Space Co. (EADS) and Italy’s Finmeccanica, has booked 83 aircraft sales this year including the turboprops for Garuda it previously listed as being purchased by an undisclosed customer. The Toulouse, France-based aircraft maker is outselling rival Bombardier Inc.

The turboprop planes are meant to help Garuda increase its services to remote areas of Indonesia as the ATRs can land on airports with shorter runways. The aircraft, which can seat up to 74 passengers, will accommodate 70 in Garuda’s configuration, said ATR, which has also sold its planes to Indonesia’s PT Lion Mentari Airlines.

About a 100 ATR aircraft will be operating in Indonesia in the next two years as the planemaker has won more than 85 orders from the country since 2008, it said in the statement.

State-controlled Garuda and rival Lion Air are ordering more planes as economic growth enables more of Indonesia’s 253 million people to travel by air. Domestic carriers flew 70 million passengers in 2012, up from 37 million in 2008, according to CAPA Centre for Aviation.

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