Kingfisher Places ‘$17.5 Million’ Order for ATR72-500s

November 28, 2005

Indian carrier Kingfisher has placed an order for 20 ATR72-500s that was reportedly worth some $350 million, or $17.5 million per aircraft.

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Mission / Aircraft Values News was created in 1992 to provide independent and informed advice regarding current and future aircraft values, and the factors that affect them, to the air transport community.AVN's core activity is the provision of expert commentary on current and future market values and lease rates. AVN seeks to interpret and analyze current events, enabling readers to more accurately anticipate future market trends. AVN expertise centers on an appreciation that aircraft are a commodity, subject to vagaries of supply and demand. AVN's subscribers comprise decision makers at financial i aft lessors and airlines.