Avation, a Singapore-based aircraft lessor, has finalized a six-year lease agreement with PNG Air of Papua New Guinea for one ATR72-600 regional turboprop. The aircraft is currently under lease to Mandarin Airlines in Taiwan and is scheduled to transition to PNG Air during the fourth quarter of 2025.
Madagascar Airlines has signed lease extension agreements with Abelo, an Ireland-based aircraft leasing company, for two ATR72 turboprops. The agreements cover serial number 698, an ATR72-500, which will now remain in service through January 2028, and serial number 1248, an ATR72-600, which is extended until November 2029.
ACIA Aero Leasing, based in Ireland, has announced the delivery of a second ATR72-600, bearing serial number 1181, to regional operator Emerald Airlines. This milestone continues the growing relationship between the two Irish aviation entities, further strengthening Emerald Airlines’ short-haul regional network capabilities.
ATR, the European regional aircraft manufacturer co-owned by Airbus and Leonardo, has projected a global market demand for approximately 2,600 turboprop aircraft over the next 20 years, spanning until 2045. The breakdown includes 2,100 passenger aircraft and 500 freighters, emphasizing the continuing relevance of turboprops in global aviation—especially for regional connectivity and last-mile logistics.
ATR, the European turboprop aircraft manufacturer jointly owned by Airbus and Leonardo, has reported that it received firm orders for 11 ATR72-600 aircraft from two undisclosed customers during the first half of 2025. This development reflects a sustained interest in regional turboprop aircraft amid rising fuel costs and the increasing demand for efficient and environmentally sustainable air transport solutions.
Air Nostrum, the Spanish regional carrier, has taken delivery of one ATR72-600 turboprop aircraft, expanding its fleet with a focus on regional route optimization and fuel efficiency. The newly delivered aircraft, bearing the manufacturer serial number 1056, has been acquired under a lease agreement, reflecting the airline’s continued investment in flexible and efficient fleet management strategies.
Jetstream Aviation Capital, a U.S.-based regional aircraft lessor, has delivered the first ATR72-600 aircraft to Blue Islands, an airline based in Guernsey. The aircraft, identified by manufacturer serial number (MSN) 1167, is the initial delivery under a multi-aircraft agreement that will see several ATR72-600s joining the Blue Islands fleet over time.
Braathens Regional Airways, based in Sweden, has taken delivery of one ATR72-600 aircraft under a lease agreement, signaling continued investment in regional fleet modernization. The aircraft carries manufacturer serial number 1262and is equipped with PW127M engines, a proven turboprop model manufactured by Pratt & Whitney Canada.
Avation, the Singapore-based leasing company, has announced the delivery and sale of a new ATR72-600 to an undisclosed airline in the Caribbean. The transaction resulted in approximately $5 million in net cash proceeds, marking a successful and profitable disposal for the lessor.
IndiGo, India’s largest airline by fleet size and passenger volume, is reportedly preparing to place an order for 30 to 50 ATR72-600 aircraft during the upcoming Paris Air Show, signaling a substantial expansion of its regional fleet. The deal is estimated to be worth up to $750 million, depending on the final aircraft count and configuration.
