Alliance Air has taken delivery of two new ATR42-600 Regional Transport Aircraft (RTA) from aircraft lessor, TrueNoord. The new aircraft join Alliance Air’s fleet on a long-term operating lease and will serve domestic routes on challenging airfields in the Himalayas.
Vineet Sood, Chief Executive Officer, Alliance Air, said, ‘We are pleased to have the support of an experienced leasing partner in TrueNoord and appreciate their team’s expertise as we proudly continue on our mission to make the most inaccessible regions of India accessible.’
Carst Lindeboom, Sales Director – Asia Pacific, TrueNoord, said, “The ATR42-600 is particularly well suited to serve the most remote and demanding airfields in the Himalayas, which feature both high elevation and short runways. Furthermore, the ATR42 can operate with less payload restrictions than the ATR72 and lower trip costs thus offering more flexibility and higher profitability on these underdeveloped routes.”
Alliance Air is TrueNoord’s second customer operating in India alongside IndiGo. Alliance Air’s aircraft were funded by TrueNoord’s new warehouse facility with Citibank, Société Générale Corporate & Investment Banking, Royal Bank of Canada, and NORD/LB.
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