Abelo Expands Fleet with Acquisition of Four ATR72-600 Aircraft and Welcomes IndiGo as a New Partner

Dublin, 20 March 2024: Abelo, a leading regional aircraft leasing company, is delighted to announce the acquisition of four ATR72-600 aircraft through SKY Leasing. This strategic transaction expands Abelo’s portfolio to a total of 57 owned and managed aircraft. All four aircraft are currently on lease to India’s low-cost carrier, IndiGo.

Stephen Gorman, CEO of Abelo, stated "We are thrilled to welcome IndiGo as a new partner, marking a significant milestone for Abelo as we continue to strengthen our portfolio and broaden our customer base. Looking forward, we are hopeful and excited about the potential for further business, which reflects our dedication to fostering long-term relationships with our partners"

The addition of the ATR72-600 aircraft is a testament to Abelo’s commitment to providing environmentally friendly leasing options. As a full-service leasing platform focused on new generation turboprop aircraft, Abelo is dedicated to promoting sustainable aviation solutions. The ATR72-600 is renowned for its efficiency and reduced environmental impact, aligning with Abelo’s vision for a greener future in aviation. Larger turboprop aircraft are a unique asset class within regional aviation and Abelo has a dedicated platform to manage these aircraft.

This new partnership with IndiGo is a key part of Abelo's strategic expansion, emphasising our commitment to enhancing regional connectivity with a focus on sustainability. Looking ahead, we are enthusiastic about the opportunities for growth and are dedicated to growing our portfolio in the coming years.