UK-based regional carrier Flybe has leased four ATR 72-600 turboprops from Singapore lessor Avation to undertake “white label” services on behalf of Scandinavian Airlines. Flybe has taken the aircraft on six-year leases, with the option of retaining them for a further six years. “Our strategy is to diversify our risk by geographic dispersion of our aircraft fleet and entering into these operating leases is consistent with that objective,” Avation executive chairman ...

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