An event where high-level government and military delegations, as well as senior corporate executives around the world, attend to forge partnerships and seal deal(s), market-leading aircraft manufacturer ATR and Alliance Air, the only Indian public airline, have signed a deal to acquire two ATR 42-600 via lessor TrueNoord.
The opening day of the Singapore Airshow 2022 saw the inking of the deal between Alliance Air and TrueNoord for the leasing of two ATR 42-600 aircraft.
Alliance Air, the former regional subsidiary of Air India, operates a fleet of 18 ATR 72-600 turboprops and plans of supplementing its fleet with two brand new ATR 42s.
Our relationship with ATR started 20 years ago, and ever since we have been building a network that truly serves Indian communities, delivering comfortable, reliable and affordable air services. Thanks to the unique features of the ATR 42-600, Alliance Air will proudly fulfill the mission assigned by the Indian government to make the most inaccessible regions accessible.Vineet Sood, Chief Executive Officer, Alliance Air
The aircraft type falls well in alignment with the operator’s operational routes.
Here’s what makes it tick:
- 30% fuel burn advantage versus 50 seater regional jets
- Can take-off from short runways- even as short as 1000m
- Can seat 30-50 passengers
Touted as an ideal route opener and combined with excellent economics makes it a perfect choice to serve even the least accessible regions of India. The ATR 42 will also be able to operate on the short runways of the Shimla and Kullu airports, both located at high altitudes, and exposed to high temperatures.
The fact that we will deliver this aircraft by the middle of this year is testament both to the recovery of Indian domestic market and the essential need for affordable and reliable connectivity throughout the country.Stefano Bortoli, CEO, ATR
The high commonality between the ATR 72 and 42 will help ease the integration of both types in the fleet, thereby cutting extra costs to the operator. The airline will further benefit from the “ATR GMA”- the manufacturer’s pay-by-the-hour maintenance program.
We are proud to be a strategic partner in enabling vital and essential connections to be made throughout India. With this new acquisition, we are firmly establishing the whole ATR family as a cornerstone of our portfolio of modern regional aircraft, and demonstrating our confidence in their long-term value.Carst Lindeboom, Sales Director (Asia Pacific), TrueNoord
TrueNoord is a regional aircraft lessor with offices in Amsterdam, Dublin, London and Singapore. The lessor already has a presence in India with IndiGo being its customer. Five ATR72-600s of IndiGo have been leased from TrueNoord.