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Avation Exercises Purchase Rights for Five ATR 72-600 Aircraft

March 17, 2026

2 min read

Key Takeaways

Avation exercises purchase rights for five ATR 72-600 aircraft.
Deliveries expected in 2028 and 2029.
Avation's ATR fleet to reach 54 aircraft.
Deal builds on 2011 agreement and 2024 order increase.

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Strategic Implications

This deal may indicate Avation's confidence in the turboprop market, particularly for regional route operations. The expansion of Avation's ATR fleet suggests a growing demand for efficient, cost-effective aircraft, which could benefit ATR and other manufacturers of similar models.

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What Happened

Leasing Firm Expands Turboprop Fleet For Regional Route Operations

Aircraft leasing firm Avation has decided to exercise purchase rights for five ATR 72-600 aircraft, expected to be delivered in 2028 and 2029. This move builds on the company’s original order book from 2011 and a follow-up firm order in 2024. Avation’s Executive Chairman, Jeff Chatfield, highlighted the ATR 72-600 as an ideal platform for regional route operations. The deal will bring Avation’s total ATR turboprop fleet to 54 aircraft, with 27 currently in operation worldwide. The announcement was made by ATR, as reported by AeroTime.

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