Aircraft
Jubilant ATR Closes on Fourth Order at Farnborough Airshow

ATR announced more than $600 million worth of firm orders at the show yesterday, led by an eight-unit deal with Taiwan’s TransAsia for ATR 72-600s. Meanwhile, the Franco-Italian manufacturer logged a separate pair of orders, each for two ATR 72-600s, from Air Lease Corporation and Lao Airlines.

ATR plans to start deliveries to TransAsia in 2014 and Lao Airlines later this year. The Air Lease order–a conversion of previously held options on two of 10 airplanes–calls for delivery in July and September next year.