PNG Air Modernizes Fleet with Two New ATR 72-600 Aircraft
PNG Air, Papua New Guinea’s leading domestic carrier, has taken delivery of two ATR 72-600 passenger aircraft from ACIA Aero Leasing, strengthening its position as a critical provider of regional connectivity across the nation’s remote communities.
The aircraft, each configured with 70 seats, represent a pivotal step in PNG Air’s three-year strategic plan to transition to a unified fleet architecture. This fleet modernization initiative aims to streamline operations, enhance reliability, and improve the airline’s long-term economic performance.
“We are delighted to partner with PNG Air in expanding its fleet with two additional ATR 72-600s,” said Mick Mooney, Chief Executive Officer of ACIA Aero Leasing. “PNG Air plays a critical role in providing regional connectivity and essential domestic services across Papua New Guinea. The ATR’s proven efficiency and economics make it the ideal aircraft for connecting the country’s remote communities.”
The ATR 72-600 platform has established itself as the workhorse for regional operations globally, offering operators an optimal balance of fuel efficiency, operational reliability, and passenger capacity. For PNG Air, the aircraft’s performance characteristics align precisely with the airline’s operational requirements across Papua New Guinea’s challenging geography.
Brian Fraser, Chief Executive Officer of PNG Air, emphasized the strategic importance of the investment. “The ATR 72-600 offers proven efficiency, reliability, and capacity, which are essential as we streamline our fleet, improve operational performance, and position the airline for sustainable growth. Partnering with ACIA enables us to accelerate our transition to a modern, single-type fleet that enhances the customer experience while delivering long-term value for our shareholders and stakeholders.”
PNG Air has operated for nearly four decades, establishing itself as Papua New Guinea’s primary domestic airline. Listed on the Port Moresby Stock Exchange since 2008, the carrier maintains majority ownership through Papua New Guinean institutions, including the MRDC Group and NasFund, supported by approximately 2,900 local shareholders. The airline operates services to more than 22 destinations, providing essential passenger and cargo connectivity. In 2024, PNG Air transported over 150,000 passengers, demonstrating robust demand for regional air services.
With these deliveries, PNG Air completes its transition to an all-ATR fleet, positioning the airline for enhanced operational efficiency and cost competitiveness. ACIA Aero Leasing, an Ireland-based subsidiary of ACIA Aero Capital established in 2004, manages a portfolio of nearly 70 regional aircraft on lease across more than 22 countries, underscoring the global demand for regional aviation capacity.
Source ID: SRCE-2025-1764165634325-972