Jet Time sources ATR 72-600s from Nordic Aviation

London
Source: Flightglobal.com
This story is sourced from Flightglobal.com

Denmark-based Jet Time has agreed a lease contract with operating lessor Nordic Aviation Capital (NAC) for six new ATR 72-600 aircraft.

The first two aircraft will be delivered in October this year where they will immediately start on an ACMI wet-lease contract with Scandinavian Airlines (SAS).

The charter carrier, which currently operates Boeing 737-300/400s and -700s under ACMI services, agreed to wet-lease four new ATR 72-600s to SAS in April this year. At the time, it signed a preliminary agreement for four aircraft of the type for a period of three years.

The transaction marks the debut of the ATR 72-600 model in the ACMI market in Europe.

"This is a new model we are bringing to the ACMI market and we do so in response to customer demand," says Jet Time's president and chief executive officer Klaus Ren.

The 70-seat configured aircraft will be offered for sub-contract charter out of Copenhagen and Stockholm airports. A recruitment campaign is currently underway to employ flight and cabin crew in readiness for the type's arrival.

"It is a natural progression to the company's (Jet Time) established leisure and ACMI business and the new ATR 72-600 is ideal for business flights on regional and domestic routes," says Nordic Aviation Capital's chairman Martin Moller.

The ATR 72-600s are early slot positions in Nordic Aviation Capital's latest order with ATR. The Danish lessor placed a 90 ATR -600 order earlier this week at the Paris air show, including 35 firm orders (30 ATR72-600s and five ATR42-600s), 35 options as well as 20 purchase rights.

Moller highlights that the ATR-600 was "far ahead of its time," and now, after 25 years' operations it is finally being recognized as the turboprop of the future, enjoying the highest ever production rates.

In addition to the commitment from Jet Time, NAC is also experiencing considerable demand for the aircraft in Asia and in South and Central USA, he says.