ATR signed an MOU with Lonrho Air for the purchase of eight ATR 72-500s in a deal valued at more than $150 million. Aircraft will be configured with 66 seats (12 in first class) and will be operated by Fly540, a Nairobi-based airline belonging to the Lonrho investment conglomerate. The PW127M-powered planes are scheduled for delivery this year and into 2009. The deal includes a comprehensive support and spares package. "Fly540 is developing the first true pan-African airline, flying both ...

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