Aircraft manufacturer ATR has announced that Singapore-based Avation PLC has purchased two ATR 72-600 aircraft, converting two purchase rights into firm orders.
The aircraft will be leased to Bangladeshi airline US-Bangla with the aim of supporting the growing economy. Increasing its fleet means that the airline can offer higher frequency on particular trunk routes for both domestic and regional flights.
Since introducing its first ATR, the airline has seen positive market response on its domestic network, with Mohammed Abdullah Al Mamun, Managing Director of US-Bangla commenting: “Regional connectivity is essential in Bangladesh and the region. We are delighted that we can offer our passengers the chance to access new opportunities throughout the country.”
Stefano Bortoli, Chief Executive Office of ATR, commented, “US-Bangla are continuing to increase their fleet size, showing the unrivalled performance of the ATR in providing regional connectivity throughout Bangladesh.”
US-Bangla uses its regional fleet to connect all of Bangladesh. Executive Chairman of Avation, Jeff Chatfield, commented: “We are glad to foster our partnership with US-Bangla and see them expand their regional footprint and develop connectivity in Bangladesh.”
The companies have highlighted the value of regional connectivity suggesting a 10% increase in regional flights can lead to a 6% increase in regional GDP and 8% growth in foreign direct investment.
