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Fly91 orders 40 ATR-72 aircraft in $1-billion fleet expansion push across India
The deal is valued at more than $1 billion at list prices and will more than double Fly91’s fleet, the airline said.
- On Thursday, Indian regional airline Fly91 placed a firm order for 40 ATR 72-600 turboprops, a deal valued at about $1 billion at list prices, marking one of the largest orders ever for the Franco-Italian planemaker.
- Chief Executive Manoj Chacko said the ATR-72 perfectly suits India's regional model because 100 airports cannot accommodate larger aircraft like the Airbus A320 or Boeing 737.
- Fly91 currently operates six ATR-72 planes and plans to lease eight more by late next year; the airline has raised $26.3 million and seeks an additional $26.3 million from investors.
- Deliveries of the new aircraft are slated to start toward the end of 2027 and will be completed over five years, ultimately more than doubling the carrier's fleet.
- Chacko noted that "India's air connectivity is so under-penetrated, it's not funny," with narrowbody planes serving only about 70 of the country's more than 160 functional airports.
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FLY91's USD 1 Billion Aircraft Order To Boost Regional Connectivity
Regional Indian airline FLY91 has placed a significant order for 40 new ATR 72-600 turboprop aircraft, valued at nearly USD 1 billion. This marks the single largest order for ATR planes by a regional carrier globally and is set to dramatically expand FLY91's network, connecting more unserved and underserved cities across India. Deliveries are scheduled from late 2027 to 2032, supporting the airline's goal of operating over 60 aircraft.
Regional airline FLY91 places order for 40 ATR planes amid push for regional connectivity
Goa-based FLY91 signed a historic deal with ATR for 40 ATR 72-600 planes, marking the largest order for regional aircraft globally, aimed at expanding India's regional aviation network by 2032.
·Noida, India
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Total News Sources22
Leaning Left2Leaning Right4Center3Last UpdatedBias Distribution45% Right
Bias Distribution
- 45% of the sources lean Right
45% Right
L 22%
C 33%
R 45%
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