Singapore-based leasing company Avation PLC signed a deal for five new ATR 72-600 aircraft with a list price of $130 million at the Singapore Airshow Tuesday. Avation already has 20 of the 72- aircraft type that it leases to operators worldwide. Its customers include Virgin Australia, Flybe, Air India and Fiji Airways. The company will take delivery of the new aircraft over the next two years. ATR has a strong market position in Southeast Asia with around 90% market share and large ...

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