Brazil’s Azul Linhas Aereas said it is selling 10 ATR 72-600 turboprops to Nordic Aviation Capital, in a move to renew its fleet and reduce its debt. The airline said it expects the first five aircraft to exit its fleet in 2017, followed by the rest in early 2018. The carrier will end 2017 with 35 ATR aircraft, a spokesperson told Aviation Daily. The deal also involves Azul adding three new ATR 72-600s under operating leases. Azul expects the transaction to reduce its debt by about ...

THIS CONTENT REQUIRES SUBSCRIPTION ACCESS

You must have an Aviation Week Intelligence Network (AWIN) account or subscribe to this Market Briefing to access "Azul Sells 10 ATRs to Nordic Aviation Capital".

 

Current Aviation Week Intelligence Network (AWIN) enterprise and individual members: please go to http://awin.aviationweek.com for access.

 

Not currently a subscriber? Click on the "Learn More" button below to view subscription offers.

Already registered? here.