Pacific island carrier PNG Air converts five ATR 72-600 options
Papua New Guinea carrier PNG Air has converted five options for ATR 72-600 regional turboprops into firm orders. The carrier ordered six ATR 72-600s and took 14 options in 2014. It is scheduled to receive the fifth of its original firm order by the end of 2016. The option conversion is valued at $134m. The last of the new batch will be delivered by 2022. Formerly known as Airlines PNG, PNG Air is undergoing a major transformation, including rebranding, a fleet renewal plan and a new business strategy focused on the domestic market. The company is also expanding into corporate transportation to support businesses aiming to develop natural resource activities within the South Pacific island.<br/>
https://portal.staralliance.com/cms/news/hot-topics/2016-11-09/unaligned/pacific-island-carrier-png-air-converts-five-atr-72-600-options
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Pacific island carrier PNG Air converts five ATR 72-600 options
Papua New Guinea carrier PNG Air has converted five options for ATR 72-600 regional turboprops into firm orders. The carrier ordered six ATR 72-600s and took 14 options in 2014. It is scheduled to receive the fifth of its original firm order by the end of 2016. The option conversion is valued at $134m. The last of the new batch will be delivered by 2022. Formerly known as Airlines PNG, PNG Air is undergoing a major transformation, including rebranding, a fleet renewal plan and a new business strategy focused on the domestic market. The company is also expanding into corporate transportation to support businesses aiming to develop natural resource activities within the South Pacific island.<br/>
