India’s Alliance Air to lease 10 ATRs from DAE

Dubai Aerospace Enterprise (DAE) signed long-term lease agreements May 1 for 10 ATR 72-600 regional turboprops with Air India regional subsidiary Alliance Air. The aircraft are scheduled to deliver throughout 2017 and will be used to grow Alliance Air’s network. The carrier is particularly focused on serving underserved or unserved airports in India as part of the Indian govt’s Regional Connectivity Scheme. Alliance Air is 1 of 5 airlines selected to serve routes under this scheme and will be the first to start services under its auspices. The deal comes just weeks after DAE acquired a large portfolio of ATRs from GE Capital Aviation Services. The lessor has said it plans to own up to 100 of the turboprops. At present it has 57 owned and committed ATR 72-600s in its fleet. <br/>
ATW
http://atwonline.com/leasing/india-s-alliance-air-lease-10-atrs-dae
5/1/17