HGI Aircraft Division orders 20 ATR 72-600s for Passaredo

19-Jun-2013 European manufacturer of turboprop aircraft ATR and the leasing firm HGI Aircraft Division, -Air division of HGI Capital Group-, today signed a contract for the sale of 20 ATR 72-600s that will be introduced in the fleet of the Brazilian carrier Passaredo Linhas Aéreas. Of these, 10 are firm sales while 10 are options, for a total sum of US$ 482 million. HGI Capital Group also becomes shareholder of Passaredo following the approval of ANAC, Brazil's National Agency for Civil Aviation. The contract has been signed on the occasion of the Paris Airshow, and was witnessed by Mrs. Nicole Bricq, French Minister for Foreign Trade.