ATR has secured commitments for 10 ATR 72-600s from newly-formed leasing platform Abelo, which is also reaffirming a commitment for 10 short take-off and landing versions of ATR 42-600s from Elix Aviation.

Abelo was formed out of the merger of Elix with Adare Aviation Capital, disclosed in May with the aim of further investing in turboprops.


Source: ATR

Today during the Farnborough air show, turboprop manufacturer ATR said that Abelo has signed a heads of  agreement covering 10 ATR 72-600s. Deliveries of the ATR 72s will begin next year.

In 2019 Elix signed a tentative deal to be a launch customer for the ATR 42-600S turboprop.  ATR says Abelo is also to confirm its order for the 10 STOL versions, deliveries of which will begin in 2024.

Abelo chief executive Steve Gorman says: “The new deal is further proof of our commitment to create growth and value for regional operators. As we are looking to expand and become the go-to lessor of turboprops, our strong links with ATR will prove invaluable.”