Lion Air orders 10 ATR 72-500s plus 10 options

Lion Air signed an MOU with ATR for 10 firm ATR 72-500s with options for 10 more. The deal is valued at more than $380 million including options. Deliveries are slated to start in 2009. The 72-seat turboprops will be operated by Lion Air subsidiary Wings Air, which is aiming to develop a low-cost...

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