Thursday, 25 October 2018

Lion Air to lease four ATR72-600s from Chorus Avaition

Lion Air is to get four new ATR72-600's from Chorus Aviation Inc leasing arm its been confirmed today. This transaction marks the second multi-aircraft leasing transaction in the fast-growing Southeast Asia region for Chorus who already lease 78 aircraft to 12 lessees in 12 countries in the region.  

The first of these new ATR aircraft for Lion Air is scheduled for delivery in the fourth quarter of 2018, with the remaining three scheduled for delivery in the first and second quarters of 2019. It is anticipated that the aircraft will be operated by members of the Lion Air Group in Indonesia and Malaysia. 

Edward Sirait, Chief Executive Officer, Lion Air Group said, "We are delighted to start this new relationship with Chorus, as a lessor."

"We are very pleased to add Lion Air to our portfolio, expanding our global network of customers in line with Chorus' vision to deliver regional aviation to the world," said Steve Ridolfi, President, Chorus Aviation Capital.  "We are proud to have earned the trust of exceptional customers and continue to evaluate multiple opportunities as we expand our leasing business."

(Image ATR)