Regional turboprop maker reports stable revenue of $1.2 billion as supply-chain issues weigh on output

Deal covers ATR 72-600 and ATR 42-600 aircraft with deliveries from 2027 to 2029

Aircraft leased from Avation under a 12-year agreement marks the launch of the airline’s operations in South Korea

Aircraft is first of three under 2024 agreement; ATR 72-600 certified by Transport Canada in November

Operator aims to retrofit fleet and introduce convertible premium seating, targeting certification in early 2027

Failure to secure funding and weak charter demand led to immediate halt of all Airbus operations

New regional subsidiary, Domestic Airlines, will operate the turboprops to boost connectivity across Algeria

The country’s national carrier, currently called Cambodia Angkor Air, will receive aircraft through a lease with HNCAL

Aircraft will be delivered between 2025 and 2028 and will join the Tahiti carrier's nine other ATR 72-600s and two ATR 42-600s.

Turboprop is the fourth aircraft in the fleet and was leased by Nordic Aviation Capital