Exciting News: Binter Orders Four ATR 72-600s with Five Additional Options
By:
Pilotcenter.net
Spanish airline Binter made an exciting announcement on February 14, 2025, revealing their decision to purchase four additional ATR 72-600 turboprop aircraft, with the possibility of acquiring up to five more units in the future. This move solidifies Binter's position as one of the world's leading operators of ATR aircraft, boasting a fleet that currently includes 26 ATR 72-600s.
Primarily serving routes within the Canary Islands and between the archipelago, Spain, Portugal, and North Africa, Binter operates not only ATR aircraft but also an ATR 72-500 and 16 Embraer E195 E2s. The newly announced order amounts to a substantial €215 million investment, made possible through funding from three major Spanish banks: Santander, CaixaBank, and BBVA.
Having a long history of utilizing ATR turboprops, Binter has steadily upgraded its fleet to the latest ATR 72-600 generation, part of its ongoing commitment to modernization and growth. Following a significant investment of over €1.1 billion in fleet renewal and expansion since being acquired by a consortium of private investors in the Canary Islands in 2022, this latest procurement underscores Binter's dedication to staying at the forefront of the industry.
The news of Binter's aircraft purchase aligns with ATR's strong performance as reflected in their 2024 annual results announced on February 12, 2025. ATR reported an impressive $1.2 billion in revenues and a remarkable 40% surge in orders, a testament to the company's robust standing in the market. The future looks promising for both Binter and ATR as they continue to make strides in the aviation industry.
