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ATR Delivers First Ever Green Financed Aircraft

  • First of five new 72-600 orders by Braathens Regional Airlines

ATR, world number one regional aircraft manufacturer, today delivered the first ever green financed aircraft to Swedish regional airline Braathens Regional Airlines, BRA. The aircraft is leased from Avation and is financed by Deutsche Bank. It is part of a new order for five 72-600s, all purchased by Avation from ATR and leased to BRA. Upon completion of the order in early 2020, the airline will itself operate an entirely ATR fleet, comprised of 15 ATR 72-600 aircraft.

Vigeo Eiris, one of the world’s leading independent agencies providing Environmental, Social and Governance (ESG) ratings, expressed the opinion that the project of replacing ageing regional jets with new ATR 72-600 aircraft is aligned with the Green Loan Principles (GLP) established by the Loan Market Association in 2018.

This first ever Green Financing of an aircraft confirms the high sustainable value of the modern ATR turboprop aircraft. The ATR 72-600 aircraft has a significant environmental advantage over regional jets and other turboprops emitting 40% less CO2. Turboprops are more efficient than jets on short sectors as they accelerate air using less power, so use less fuel.  

BRA CEO, Geir Stormorken, remarked: “We have made a commitment to decrease our environmental impact and the ATR is an essential part of our strategy. With that as a goal, it simply makes sense to choose the most efficient aircraft. By replacing parts of our existing fleet of regional jets with ATR 72-600 aircraft we will emit 7,500 fewer tonnes of CO2 per aircraft, per year. We believe that aviation is an essential part of Sweden’s regional transport network and we look forward to showing our passengers and the Swedish public at large that there is a sustainable way of flying.”

Executive Chairman of Avation, Jeff Chatfield, commented: “As a lessor, it is essential for us to progress our fleet into new technology low carbon emission aircraft such as the ATR 72-600 which maintain their value over a long period. ATR is one of the best assets in terms of residual value retention in the business. BRA’s decision to consolidate their own operation around the ATR 72-600 aircraft type demonstrates their understanding of the regional aviation market and the importance of reducing carbon emissions. BRA is an airline that is leading the way in terms of striving to offer their passengers the best possible experience, whilst optimising operations and minimising environmental impact.”

“Deutsche Bank is proud to have played a key role in the first green financing of a commercial aircraft,” said Richard Finlayson, Deutsche Bank Head of Global Transportation Finance, Asia. “We’re hopeful that this leads the way for more sustainable financing activity in aviation, and increased adoption of lower carbon emission aircraft across the industry, to help make flying more eco-responsible.”

Stefano Bortoli, Chief Executive Officer of ATR, said: “It is only natural that the first Green Financing deal for a commercial aircraft would involve an ATR and BRA. Thanks to the innovation of the ATR design, it inherently benefits from its lighter fuselage and the efficiency of its turboprop, meaning it burns less fuel and emits less CO2. It also makes sense that BRA, the leading voice on responsible regional flying in Sweden, would upgrade its own fleet to an all ATR 72-600 one, benefitting from these advantages compared to its rivals. We are proud to launch Green Financing in commercial aviation and lead the way in terms of innovation and sustainable regional aviation. We are thankful to Avation for having the foresight and flexibility to establish the operating lease for this series of aircraft deliveries.”

About Braathens Regional Airlines
Braathens Regional Airlines, is one of Sweden’s leading domestic airlines, with a Swedish market share of 30 percent. Braathens operates 26 routes to 17 destinations and carries more than 2,2 million passengers annually. Braathens’ On Time Punctuality is outperforming all other airlines in the world. In 2016, 2017 and 2018, BRA was awarded as the airline with the most satisfied passengers in Sweden. The airline was formed in 2016 after consolidation of several domestic air carriers, but the company’s aviation DNA reaches back to 1946 when the very first airline of the Braathen family was founded, Braathens S.A.F.E.

Hokkaido Air Company Takes Delivery of 1st ATR 42-600

  • Japanese regional operator starts fleet replacement with eco-responsible turboprop aircraft

World number one regional aircraft manufacturer ATR today delivered the first of two ATR 42-600 aircraft to Hokkaido Air System Co., Ltd (HAC), a JAL Group Company. This delivery marks the first step in HAC’s replacement of its Saab 340 fleet. The delivery of this aircraft will ensure that essential regional air connectivity in Hokkaido can continue.
 
The ATR 42-600 will offer HAC increased capacity for the same operating costs – generating opportunities for the airline to increase revenues. It will also provide HAC’s passengers with a modern, comfortable cabin featuring latest generation 18”-wide seats as well as more space for luggage in the overhead bins.
 
Tetsu Ohori, Chief Executive Officer of HAC said: “Today is a long-awaited day for us at Hokkaido Air System, and becomes a memorable day, marking a new chapter in our history. We have so many tourists who enjoy the fantastic ‘Mother Nature’ of Hokkaido. In winter, the great nature turns her face with severe cold and heavy snow. Even under such hard conditions, this ATR 42 will perform well and make our new business a success. I’m really looking forward to showing this wonderful aircraft to everyone in Hokkaido as soon as possible.”
 
ATR Chief Executive Officer Stefano Bortoli remarked: “Our aircraft makes perfect sense for the Japanese market. Japanese passengers, who are known to demand the very best in terms of comfort and eco-responsibility, will appreciate both the aircraft’s reduced emissions and modern comfortable cabin. This, plus the unbeatable economics and the need to maintain essential regional connectivity in Japan demonstrates why we are increasing our presence in the country.”
 
ATR’s market estimates forecast that around 900 30-50 seat aircraft will soon need to be replaced as older and inefficient aircraft come to the end of their lives. The ATR 42-600 is part of ATR’s unique family of regional aircraft, including the ATR 72-600, the ATR 42-600S (Short Take-Off and Landing) and the ATR 72-600F, the only brand new regional freighter. Together, they represent the ideal and modern solution to ensure that essential connectivity is maintained for local communities all over the world, while flying sustainably, emitting up to 40% less CO2 compared with regional jets.
 
About Hokkaido Air System Co., Ltd 
Established on 30 September, 1997, Hokkaido Air System began operations on 28 March.1998, with Japan Airlines (57.3%), Hokkaido government (19.5%), Sapporo city (13.5%) as major shareholders. Hokkaido Air System operates three aircraft (SAAB340B-WT) and 26 daily departures on five routes; between Sapporo-Okadama and Rishiri/Kushiro/Hakodate/Misawa, Hakodate and Okushiri, based in Sapporo-Okadama airport.

ATSB Australia Investigating Separation Incident at Albury Airport

The Australian Transport Safety Bureau (ATSB) says it is investigating a separation issue involving a Virgin Australia ATR 72-600 turboprop and Piper PA-28 light aircraft at Albury Airport.

The incident occurred on October 19 2019 when the Virgin Australia 72-600 VH-FVR was operating a regular public transport (RPT) flight from Sydney to Albury.

While passing through 1,300 ft and on a straight in approach to runway 25 at Albury Airport in visual meteorological conditions, the ATSB said the Virgin Australia turboprop received a traffic collision avoidance system alert on the PA-28.

The single-engine PA-28 VH-XDI, which was operated by the Australian Airline Pilot Academy, was turning final for Runway 25, the ATSB said in a short statement.

“The flight crew of the ATR 72 conducted a missed approach to increase separation between the two aircraft,” the ATSB said.

“As part of the investigation, the ATSB will interview directly involved parties and obtain other relevant information, including recorded data.”

The ATSB described the event as a near collision and a serious incident. There were no injuries.

Further, it said the investigation was expected to be completed by the second quarter of calendar 2020.

However, should a critical safety issue be identified during the course of the investigation, the ATSB said it would immediately notify relevant stakeholders in order that appropriate and timely safety action could be taken.

The Australian Airline Pilot Academy is a subsidiary of Regional Express (Rex), which recently bought another pilot training school based in Ballarat, ST Aerospace Academy.

Virgin Australia had eight ATR 72 turboprops in its fleet.

Tunisair Express Receives First ATR 72-600

Airline prioritises passenger experience and connectivity with fleet upgrade

Toulouse, 19 November, 2019 – World number one regional aircraft manufacturer ATR, just delivered the first of three ATR 72-600 aircraft to Tunisair Express. The Tunisian airline will use these aircraft to renew its regional fleet providing passengers with essential connectivity both domestically and internationally. The latest generation ATR 72-600 burns 40% less fuel and emits 40% less CO2 compared to a similarly sized regional jet.

By upgrading to the ATR -600 series, the airline has also chosen to prioritise the comfort of its passengers, introducing the latest generation 18” wide seats and the Cabinstream In-Flight Experience, allowing passengers to access a variety of content on their personal electronic devices.

Tunisair Express Director General, Yosr Chouari, said: “We are looking forward to introducing this new ATR aircraft with the latest comfort and technology to our passengers, with this first delivery marking an important step in our fleet renewal. Regional aviation provides essential connectivity for Tunisia and the unbeatable economics of the ATR 72-600, together with the best cabin, make it perfect for both our domestic and international operations.”

ATR Chief Executive Officer, Stefano Bortoli, commented: “As the leading regional aviation manufacturer, we understand how tough it can be for regional airlines. That is why we do everything that we can to support our clients and operators, ensuring that each innovation we introduce adds value in either the cockpit or the cabin and their bottom line. It is a clear recognition that when an airline wants to put its passengers first, the ATR is selected as the best aircraft for the job.”

ATR’s Market Forecast sees a demand for 350 new turboprops over the next 20 years for the Africa and Middle-East region. Regional aviation provides essential connectivity around the world. A 10% increase in regional flights generates additional increases of 5% in tourism, 6% in regional GDP and 8% foreign direct investment. Turboprops are key in connecting communities around the world: 36% of all commercial airports rely exclusively on turboprops and 50% rely, also exclusively, on regional aircraft.

Embraer Approves Falcon Aviation to Expand Support to Legacy 600/650 and Lineage in Dubai

Dubai, UAE, November 19, 2019 – Embraer announced today, at the Dubai Airshow, that Falcon Aviation’s newest facility located at Al Maktoum International Airport (DWC), Dubai’s new airport, has been approved as an Embraer Authorized Service Center (EASC) to expand their support for Legacy 600/650 and Lineage customers in the region.

Falcon Aviation, the UAE’s leading business aviation services, charter, MRO and aircraft management company, may perform scheduled and non-scheduled maintenance, component and part exchange, types of inspections at different levels of complexity for those aircraft platforms.

“We are humbled to extend our partnership with Falcon Aviation and offer owners and operators the best maintenance solutions at Dubai’s newest airport, a strategic hub for our customers in the region,” said Frank Stevens, Embraer’s MRO Global Vice President Services & Support.

“Being part of Embraer’s global network of Authorized Service Centers is a strong endorsement for our services, and we are proud to extend our capabilities by offering support to customers at Dubai’s Al Maktoum International Airport”, said Capt. Raman Oberoi, the COO of Falcon Aviation Services.

Embraer Services & Support has more than 2,300 people positioned in the world to support the customer with all their needs and an award-winning network of more than 80 owned and authorized service centers, field support representatives, flight simulators, as well as two 24-hour Customer Care Centers.

Aurigny Launch Customer for ClearVision With First ATR 72-600

  • Guernsey airline renews ATR fleet with the delivery of first of three new ATR 72-600 aircraft

Toulouse, 25 October 2019 – ATR, the world number one in the regional aviation market, today delivered the first of three ATR 72-600 aircraft to Aurigny. By replacing its fleet of three ATR 72-500 aircraft with the -600 Series, Aurigny will optimise its operations by acquiring the most efficient regional aircraft. An ATR 72-600 burns up to 40% less fuel and emits 40% less CO2 compared to a regional jet. The Guernsey-based airline will also further benefit from -600 Series’ latest generation Standard 3 avionics suite and is the launch customer for the ClearVision™ Enhanced Vision System (EVS). The EVS will provide pilots with outstanding vision and situational awareness during conditions of reduced visibility. In the cabin, Aurigny’s passengers will also benefit from the -600 Series’ modern Armonia cabin which will introduce the latest standards of comfort, offering more space for luggage in Overhead Bins and providing passengers 18” wide seats.

Aurigny Chief Executive Officer, Mark Darby, said: “We are sincerely proud of Aurigny’s role in providing essential connectivity between Guernsey and the United Kingdom – our customers depend on the services that we provide and we want to deliver them the very best. Our ATR fleet has played a key role in that for many years and upgrading our fleet will allow us both to optimise our operations with the very latest avionics while providing our passengers with a modern, comfortable cabin, in which they can relax and enjoy their flight.”

Stefano Bortoli, Chief Executive Officer of ATR commented: “Regional airlines often have a tough job and it is our role to make sure that we do everything that we can to support them. When an airline upgrades its ATR fleet to the latest generation -600 Series with ClearVision™, it tells us that our platform has a perfect fit with their operations and that they trust us to continue delivering innovations that will make a genuine and positive impact in the future.”

ATR aircraft provide a lifeline to island communities all over the world. With Guernsey situated in the English Channel, Aurigny deliver essential connectivity to their passengers by linking them to destinations in Great Britain and mainland Europe. An ATR study has shown that the benefit that regional connectivity can bring to communities, with a 10% increase in regional flights leading to a 5% increase in tourism, a 6% increase in regional GDP and an 8% increase in Foreign Direct Investment.

Drukair Takes Delivery of Latest Generation ATR 42-600

  • Airline renews fleet with turboprop featuring cutting-edge avionics
    for performance in challenging conditions

Toulouse, 22 October, 2019 – Bhutanese national flag-carrier Drukair today took delivery of its brand new ATR 42-600 aircraft. The latest-generation turboprop aircraft, which will be used on the airline’s domestic and international routes, was chosen for its outstanding operational performance in challenging conditions. The airline’s ATR serves small airports in the Himalayan Mountains and links Bhutan with Kathmandu, Kolkata and Dhaka. Through the introduction of the -600 series’ latest generation Standard 3 avionics suite, Drukair will benefit from RNP AR 0.3/0.3 which further enhances airfield accessibility and operational performance. Drukair’s ATR is equipped with the ClearVision™ system, which will provide pilots with outstanding vision and situational awareness. The aircraft will feature a very comfortable 40-seat cabin with generous pitch and stowage.

Tandi Wangchuk, Chief Executive Officer of Drukair said: “We have been flying an ATR aircraft since 2011, its versatility and operational reliability have made it the ideal aircraft. When evaluating how to improve on this performance, it makes sense to upgrade to the latest-generation and we look forward to introducing these evolutions to our passengers. Particularly the modern Armonia cabin which will provide even more comfort to everyone on board.”

ATR Chief Executive Officer, Stefano Bortoli said: “There are few things more satisfying than seeing a loyal customer renew and upgrade its ATR fleet. This delivery once more shows the impact of our policy of continuous development which ensures that when we introduce new products and innovations, they offer real quality and value to our family of operators. Delivering regional connectivity in the challenging operational conditions of Bhutan and its neighbouring countries takes a special aircraft and the ATR 42‑600 is the perfect fit.”

ATR’s market estimates forecast that 1,200 30-50 seat aircraft will soon need to be replaced as older and inefficient aircraft come to the end of their lives. The ATR 42-600 is the ideal and modern solution to cater for this need and ensure that essential connectivity is maintained for local communities all over the world.

Tunisair Express Acquires Three ATR 72-600’s

Toulouse, 5 September 2019 – Tunisair Express and ATR, the world’s number one regional aircraft manufacturer, today confirm a firm order for three ATR 72-600s. The aircraft will renew Tunisair Express’s regional fleet and supply essential connectivity, both domestically and internationally.

The market-leading modern ATR turboprops support airline operations by burning 40% less fuel and emitting 40% less CO2, compared to a regional jet. The ATR -600 cabin will also introduce the best onboard experience to Tunisair Express passengers, including the ATR’s Cabinstream™ In-Flight Entertainment system, enabling passengers to enjoy their flight by accessing a range of multimedia content on their personal electronic devices.

Tunisair Express Director General, Yosr Chouari, said: “We have had a long and strong partnership with ATR since the early 1990s, and we are pleased to introduce the modern ATR 72-600 into our fleet thanks to the support of the Tunisian Government and parent company Tunisair. When deciding on a fleet renewal strategy, it was clear that the combination of its unbeatable economics and most eco-responsible performance made the ATR the best choice for our regional network. Furthermore, we are sure that our passengers will greatly appreciate the modern, spacious cabin with its widest-in-class seats and the new cutting edge Cabinstream™ technology giving our passengers an exceptional on board experience.”

ATR Chief Executive Officer, Stefano Bortoli, commented: “The decision of Tunisair Express for three new ATR 72-600s is a further endorsement of our product and validates our policy of continuous development. With a dispatch reliability of 99.7%, its effectiveness in hot conditions, and its performance perfectly suited to the operations envisaged by Tunisair, the ATR is the ideal aircraft to continue supplying essential connectivity throughout Tunisia and beyond its borders.”

ATR’s Market Forecast sees a demand for 350 new turboprops over the next 20 years for the Africa and Middle-East region. Regional aviation provides essential connectivity around the world. A 10% increase in regional flights generates additional increases of 5% in tourism, 6% in regional GDP and 8% foreign direct investment. Turboprops are key in connecting communities around the world: 36% of all commercial airports rely exclusively on turboprops and 50% rely, also exclusively, on regional aircraft.

About Tunisair Express:
Tunisair Express is a Tunisian public airline that is a subsidiary of the Tunisair group. It serves the Tunisian domestic network as well as nearby international destinations. The company also offers a charter service, notably to European tour operators. Tunisair Express as created in August 1991, under the name Tuninter and operated its first flight in March 1992. The company transports over 300,000 passengers every year across its network. The renewal of its fleet will allow Tunisair Express, to both reinforce its domestic and neighbouring services from Tunis, as well as open new routes.

Image from jetphotos.com

Embraer Delivers 51 Total Jets in Second Quarter of 2019

  • Embraer delivers 26 Commercial and 25 Executive Jets in 2Q19

São José dos Campos, Brazil, July 30, 2019 – Embraer (NYSE: ERJ) delivered a total of 51 jets in the second quarter of 2019 (2Q19), of which 26 were commercial aircraft and 25 were executive jets (19 light and 6 large). As of June 30th, the firm order backlog totaled USD 16.9 billion compared to USD 16.0 billion at the end of 1Q19. Embraer’s 2Q19 backlog increase is largely due to continued market demand, mainly for the new family of Praetor jets in Executive Aviation. See details below:

In the second quarter, Embraer received the Type Certificate for the E195-E2 from three regulatory authorities: ANAC, the Brazilian Civil Aviation Agency (Agência Nacional de Aviação Civil); the FAA (U.S. Federal Aviation Administration) and EASA (European Aviation Safety Agency). The E195-E2 is the largest of the three members of the E-Jets E2 family of Embraer commercial airplanes.

In the beginning of the 2Q19, Embraer signed a firm order for 10 E195-E2 jets with Air Peace, Nigeria’s largest airline. The contract includes purchase rights for a further 20 E195-E2s. With all purchase rights being exercised, the contract has a value of USD 2.12 billion.

During the 53rd International Paris Air Show, Embraer announced several sales contracts as follows. All values are based on Embraer’s current list prices.

United Airlines signed a contract for up to 39 E175s, comprising 20 firm aircraft and 19 options. The order has a value of USD 1.9 billion with all options being exercised. Binter, of Spain, confirmed the purchase rights for two additional E195-E2s from the original contract signed in 2018. The two new E195-E2s have a value of USD 141.8 million.

Embraer also announced KLM Cityhopper’s intention to purchase up to 35 E195-E2 jets, consisting of 15 firm orders with purchase rights for a further 20 aircraft of the same model. This intention to purchase, which still requires a Purchase Agreement, has a value of USD 2.48 billion.

Embraer announced during the Paris Air Show that it signed a contract with Japan’s Fuji Dream Airlines (FDA) for a firm order of two E175 jets. The order has a value of USD 97.2 million and was already included in Embraer’s 1Q19 backlog as “undisclosed.”

In the executive aviation segment, Embraer received the Type Certificate for the new Praetor 600 super-midsize business jet by the three main world regulatory agencies: ANAC, the FAA, and EASA. The first Praetor 600 was delivered in June to an undisclosed European customer.

Embraer Defense & Security and ELTA Systems Ltd (ELTA), a subsidiary of Israel Aerospace Industries (IAI), signed at the 53rd International Paris Air Show a Strategic Cooperation Agreement to introduce the P600 AEW (Airborne Early Warning). In this cooperation, Embraer is to provide the air platform, ground support, communications systems and aircraft integration while ELTA is to provide the AEW radar, SIGINT (Signals Intelligence) and other electronic systems and system integration.

Embraer Services & Support announced at the Paris Air Show a contract with Azul Linhas Áereas Brasileiras, S.A. for a long-term Flight Hour Pool Program agreement for the carrier’s brand new fleet of Embraer E195-E2 jets. The Company also announced pool maintenance and parts agreements with Helvetic Airways, from Switzerland, and Aurigny Air Services, from the Guernsey Island. During the MRO Americas event, in early April, Embraer also announced support contracts with Air Botswana, Binter, from Spain, and Mauritania Airlines.

Embraer Delivers its First New Praetor 600 Business Jet

São José dos Campos, Brazil, June 28, 2019 – Embraer announced today the first delivery of its new Praetor 600 super-midsize business jet to an undisclosed European customer. The delivery ceremony was held at the company’s production facility in São José dos Campos, Brazil, where the first Praetor 600 rolled off the hybrid assembly line that also produces the Legacy 450 and Legacy 500. Assembly of the Praetor 600 will soon also occur at Embraer’s production facility in Melbourne, Florida, where the company has produced more than 360 Phenom and Legacy aircraft since 2011.

“We are thrilled to deliver the first Praetor 600 and we are confident that our customer will be fascinated with the most disruptive and technologically advanced super-midsize business jet to enter the market,” said Michael Amalfitano, President & CEO, Embraer Executive Jets. “The Praetor 600 is certain to create a new value experience for our customers and help them outperform in their business and personal endeavors.”

Announced at NBAA-BACE in October 2018, where it also made its debut, the Praetor 600 was certified in April 2019, just six months after its announcement, becoming the only super-midsize business jet to be certified since 2014.

“The Praetor 600 unleashes the full potential of its platform through industry-leading design, engineering and technology that was yet unseen in the medium cabin class,” said Daniel Moczydlower, Executive Vice President, Embraer Engineering and Technology. “With Embraer’s fourth-generation fly-by-wire technology and more than 25 patented innovations in the interior design and architecture, the Praetor 600 will ensure an industry-exclusive customer experience and raise their expectations of business jets.”

Leading the way, the Praetor 600 is an aircraft of many firsts, including the first super-midsize jet with full fly-by-wire technology, which powers turbulence reduction that not only makes every flight the smoothest but also the most efficient possible.

The Praetor 600 is now the farthest-flying super-midsize jet, able to make nonstop flights between Dubai and London, Paris and New York, São Paulo and Miami. With four passengers and NBAA IFR Reserves, the Praetor 600 has an intercontinental range of 4,018 nautical miles (7,441 km), with the highest payload capacity in its class, and at Mach 0.80, its range is 3,719 nm (6,887 km).

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About the Praetor 600

The Praetor 600 is the most disruptive and technologically advanced aircraft to enter the super-midsize category, delivering the ultimate customer experience with an unparalleled combination of performance, comfort and technology. The Praetor 600 will be the farthest-flying super-midsize business jet, which allows nonstop flights between London and New York. With four passengers and NBAA IFR Reserves, the Praetor 600 will have an intercontinental range of 4,018 nautical miles (7,441 km), with the highest payload capacity in its class, and at Mach 0.80, its range is 3,719 nm (6,887 km).

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