Lion Group (Jakarta) has signed a $1 Billion purchase agreement for 40 additional ATR 72-600s from ATR, hiking the firm order total to 100 aircraft. Lion Group becomes ATR’s largest customer ever.
There are currently three subsidiary airlines in the Lion Group operating ATRs: Wings Air with a fleet of 32 ATR aircraft operating in Indonesia; Malindo Air with a fleet of 10 ATRs operating in Malaysia; and Thai Lion Air, so far with 1 ATR in operation in Thailand. These additional 40 ATR 72-600s will be used to meet the growing demand forecast over the next five years both within the Group’s existing operators’ networks and to develop other opportunities for ATR operations throughout Asia and developing markets worldwide. Deliveries of the aircraft signed today will start in 2017 and run into 2019.
Copyright Photo: Michael B. Ing/AirlinersGallery.com. Wings Air’s ATR 72-212A (ATR 72-600) PK-WGG (msn 1063) departs from Denpasar on the island of Bali.