Regional aircraft manufacturer ATR announce that Singapore based lessor Avation PLC (AVAP: LSE) has converted two Purchase Rights into firm orders for two ATR 72-600 aircraft. The aircraft will be leased to US-Bangla and will support the expansion of the airline’s turboprop fleet by increasing the number of ATR aircraft from six to eight, said a press release on Tuesday.
Mohammed Abdullah Al Mamun, managing director of US-Bangla said, “Operating the ATR 72-600 makes total sense in Bangladesh, we have received very good feedback from passengers and are very satisfied with the reliability and comfort of these aircraft. With the -600 series’ modern and comfortable cabin, featuring the latest 18” wide passenger seats, we are able to give our passengers a premium experience, which is essential for US Bangla.”
US-Bangla uses their regional fleet to connect all of Bangladesh and feed their international network from Dhaka.
The value of regional connectivity is proven, with a 10percent increase in regional flights leading to a six percent increase in regional GDP and an eight percent increase in Foreign Direct Investment.