Buddha Air, Nepal’s leading domestic airline, has made history with the retirement of its ATR 42-320 aircraft, with registration 9N-AIN. This marks a significant milestone as it’s the first-ever ATR aircraft to reach its full economic life of 70,000 flight…
Turboprops, since the advent of the regional jet, have been thought of as “old technology” in the US, which drives the global market for regional aircraft. An aircraft that does not succeed in the US market will not be a…
Lessor Nordic Aviation Capital (NAC) expects to exit Chapter 11 bankruptcy protection before the end of May following the approval of its restructuring plan by the Eastern District of Virginia Bankruptcy Court. NAC said on April 19 that it had received…
Turboprop manufacturer ATR stabilized its turnover in 2018, booking a result of $1.8bln identical to the previous year. However, sales and deliveries were below the record-level of 2017, the Franco-Italian OEM reported on January 31. 2017 had been an outstanding…