Air Madagascar orders three ATR 72-600s, with two more on lease

Air Madagascar, Madagascar’s national airline, has ordered three ATR 72-600s for a total of approximately $77 million. The first aircraft will be delivered as from 2017. At the same time, the airline has recently signed an agreement with the Irish leasing company Elix Aviation Capital to add two new ATR 72-600s, the first having been delivered today and the second being delivered next month. The arrival of all these five ATRs of the latest generation will enable Air Madagascar to renew its fleet of ATRs, which currently consists of one ATR 42-500 and two ATR 72-500s, significantly increasing seat capacity