1 hr ago
FLY91 Orders 40 ATR Aircraft in Nearly $1 Billion Deal
FLY91 is a regional airline that wants to become much bigger.
It has ordered 40 new aircraft from ATR.
The planes will be smaller turboprop aircraft called ATR 72-600s.
The order is worth almost $1 billion.
The first planes should arrive near the end of 2027.
All 40 planes are expected to arrive by 2032.
FLY91 currently has six aircraft and operates more than 280 flights each week.
The airline says the new planes will help connect cities that do not have enough air service.
FLY91 ordered 40 new ATR 72-600 turboprop aircraft in a deal valued at nearly USD 1 billion.
The order is the largest single ATR aircraft order by a regional airline globally.
Aircraft deliveries are scheduled to begin at the end of 2027 and conclude by 2032.
FLY91 currently operates six ATR 72-600 aircraft and more than 280 weekly flights.
The airline aims to expand beyond 60 aircraft and connect more underserved cities across the country.
- Who
- Regional airline FLY91, ATR, and FLY91 executives including Chairman Harsha Raghavan and CEO Manoj Chacko.
- What
- FLY91 placed an order for 40 ATR 72-600 turboprop aircraft valued at nearly USD 1 billion.
- Where
- The signing ceremony took place in the national capital.
- When
- The order was announced on Thursday; deliveries are expected to begin at the end of 2027 and finish by 2032.
- Why
- FLY91 wants to expand its fleet and regional network and connect more unserved and underserved cities across the country.
Key facts
- Aircraft ordered
- 40 ATR 72-600 turboprop aircraft
- Order value
- Nearly USD 1 billion
- Delivery schedule
- From the end of 2027 through 2032
- Current fleet
- Six ATR 72-600 aircraft
- Current operations
- More than 280 weekly flights
- Future fleet target
- More than 60 aircraft
- Order significance
- The largest single ATR aircraft order by a regional carrier globally
Quotes
FLY91
Regional airline that placed the ATR aircraft order
“The landmark order for 40 aircraft will provide the scale to build a much larger regional network and connect more unserved and underserved cities across the country”
thehansindia.com
Sources
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