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ACIA Aero Leasing Sells ATR72-500 to Air Creebec

ACIA Aero Leasing (Ireland) has announced the sale of an ATR72-500 LCD freighter, identified by serial number 727, to Air Creebec (Canada). This transaction marks a significant milestone as it introduces the first ATR aircraft to Air Creebec’s fleet. The newly acquired freighter is set to enter operations in December 2024.

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MASwings to Transfer Ownership to Sarawak Government by End of 2024

MASwings, a Malaysian regional airline, is set to transition its ownership to the Sarawak regional government by December 31, 2024. This move involves a formal sale from Malaysia Aviation Group (MAG), marking a significant milestone in the airline’s operational history. The ownership transfer process is expected to span nine months following the sale.

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Total Linhas Aéreas to Reactivate ATR 42-500 Aircraft After 10-Year Hiatus

Total Linhas Aéreas, a Brazilian airline, is set to reactivate its ATR 42-500 aircraft, serial number 610, which has been grounded since 2014. The aircraft was initially taken out of service following a takeoff incident at Urucu Airport, where it collided with an animal on the runway, resulting in significant damage.

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Japan Airlines Plans Regional Jet Orders in 2025 with Deliveries Starting in Fiscal Year 2028

Japan Airlines (JAL) is preparing to place orders for regional jets in 2025, with the first deliveries anticipated in its fiscal year 2028, which begins on April 1, 2028. This strategic move aims to modernize JAL’s domestic fleet and improve regional connectivity across Japan.

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ATR Halts Development of ATR42-600S STOL to Focus on Existing Product Competitiveness

ATR has announced that it will discontinue the development of its ATR42-600S STOL (Short Takeoff and Landing)variant to prioritize enhancing the competitiveness of its existing product lineup. The decision reflects ATR’s commitment to focusing resources on bolstering its current product portfolio, which includes the ATR42 and ATR72 series. This strategic shift underscores ATR’s adaptability in responding to market dynamics and…

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TransVerde Airlines Seeks $15M to Launch Cabo Verde Domestic Operations

TransVerde Airlines, a new carrier in Cabo Verde, is actively seeking $15 million through a mix of equity and debt financing to fund the launch of its domestic passenger and cargo operations. The airline, led by founder and president Rui Lima, plans to operate with three leased ATR42/72 aircraft. Brookfield Aviation Finance from the UK is advising TransVerde on securing the necessary funding, which will…

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Madagascar Airlines Adds Three Aircraft to Operational Fleet

Madagascar Airlines is enhancing its operational fleet this week with the addition of three aircraft, boosting its capacity to serve domestic and regional routes. The first of these additions is a repaired ATR with serial number 1248, which is now back in service. Joining this aircraft is a Q400 leased from CemAir, a South African airline, which will serve as a…

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Motu Link Airline Seeks $3.4M to Acquire First ATR72-500F for 2025 Launch

Motu Link Airline, a new carrier based in French Polynesia, is preparing for its planned early 2025 launch by seeking $3.4 million to fund the purchase of its first aircraft, an ATR72-500F. This funding will be raised through a bond loan, amortizable over a period of 90 months at an 11% interest rate. The ATR72-500F, a reliable model suited for regional operations, will be the…

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FedEx Feeder Takes Delivery of ATR72-600F Operated by Swiftair

FedEx Feeder, a subsidiary of FedEx focused on regional cargo operations, has taken delivery of a new ATR72-600F, serial number 1764, operated by Swiftair (Spain). This addition, powered by PW127M engines, bolsters FedEx’s fleet, supporting its mission of efficient and reliable cargo transport across regional routes.

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Rise Air to Upgrade Fleet with New ATR72-600 Aircraft by 2026

Rise Air, a Canadian regional carrier, is set to enhance its fleet with the addition of three ATR72-600 aircraft, each equipped with PW127XT engines. The first ATR72-600 is on firm order with ATR, the aircraft manufacturer, and is expected to be delivered by the end of 2025. Rise Air also plans to lease two additional ATR72-600s, scheduled for delivery…