What Happened
Indian Regional Airline Expands Fleet With Billion Dollar Deal
Indian regional airline FLY91 has signed a firm order for 40 ATR 72-600 turboprop aircraft, valued at roughly $1 billion. The agreement marks ATR’s largest firm order in nearly a decade and the biggest ever placed by a regional airline. FLY91 currently operates six ATR 72-600s and plans to grow its fleet to over 60 aircraft within five years. The order was announced at a signing ceremony in New Delhi, attended by Civil Aviation Minister Kinjarapu Ram Mohan Naidu and ATR CEO Nathalie Tarnaud Laude. This development was first reported by AeroXplorer.com.