The bond financing for 10 ATR 72-600s of Lion Air Group gets Airfinance Journal’s “Export Credit Deal of the Year 2015”
The Airfinance Journal award is a tribute to innovation behind the very first Coface guaranteed bond financing for ATR aircraft, as well as the world’s first-ever Coface guaranteed bond transaction for an Asian client. This is also the first time that a financing for ATR aircraft is awarded Airfinance Journal’s “Export Credit Deal of the Year”, in a category which evaluates deals all over the world for all aircraft types, including single-aisles and wide-bodies. In recent years, different ATR financings obtained several Airfinance Journal awards in deal categories in specific regions.
Mr. Giovanni Tramparulo, Senior Vice-President Finance & Chief Financial Officer of ATR, said: This award, which underlines an outstanding cooperation, opens new opportunities to close additional ATR funds in the near future. We are confident that other customers and leasing firms will benefit in the coming months from the innovative financial structures set up to ease the introduction of new ATR -600s fleets”.
ATR is the world number one regional aircraft manufacturer with its ATR 42 and 72 aircraft the best-selling aircraft in the less than 90-seat market segment. In 2019 the company had a turnover of US$1.6 billion. The unifying vision of the company’s 1,400 employees is to help everyone, no matter where they are in the world, to connect and develop in a responsible manner. Thanks to the efficiency of turboprop technology and the benefits of the company’s focus on continuous innovation, ATR aircraft open more than 100 new routes every year, burn up to 45% less fuel and emit up to 45% less CO2 than regional jets. For all of these reasons, ATR aircraft have been chosen by some 200 companies in 100 countries around the world. ATR is a joint-venture between Airbus and Leonardo.