Singapore-based regional aircraft lessor Avation has firmed up purchase options for five ATR 72-600s, valued at $120 million at current list prices. The aircraft, which mark Avation’s third ATR order in three years, will be delivered in 2015 for placement with new and existing Avation customers. “This order for five additional ATR 72-600 aircraft is an important growth program for the company, allowing suitable expansion. This order is a demonstration of our commitment to grow ...

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