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

ATR and leasing firm HGI Aircraft Division signed (19-Jun-2013) 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 USD482 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 Air Show. Over the past three years, ATR has received firm orders for over 60 ATR 72-600s for Brazilian airlines. Passaredo Linhas Aéreas CEO Luiz Felicio said: "The ATR 72-600 is clearly the aircraft best suited to meet our operational requirements. The aircraft's performance on all of our routes of less than 600 kilometers is unbeatable, allowing us to make very significant fuel-savings while offering a high quality service to our passengers." And he added: "And all of this with the added bonus of having the lowest environmental impact of any aircraft of its capacity." [more - original PR]