ACIA Aero Leasing and IPR Conversions are to convert three ATR 72-600 aircraft into freighters, starting from January 2023.
The joint agreement will provide two ATR 72-600 Large Cargo Door (LCD) and one ATR 72-600 Bulk Freighter Cargo (BFC) conversions.
ACIA is a provider of regional aircraft leasing and lease management services, and IPR Conversions (Switzerland) (IPRC) is a Supplemental Type Certificate (STC) holder for the conversion of ATR 42 and ATR 72 aircraft into freighters.
Leveraging ACIA and IPRC’s track record of conversions across the entire ATR 72 regional aircraft family, this latest commitment will expand both companies’ freighter portfolios.
With agreements in place to conduct conversions in Europe, Canada, and the US, the companies will commence the first conversion in January 2023, with its completion expected by June 2023.
The remaining two conversions are planned for the first quarter of 2023.
ACIA Aero Leasing CEO Mick Mooney said: “Over the last 18 months, we have observed a shortage of good-quality ATR 72-500s available for conversion in the market, while witnessing a marked increase in the demand for the ATR 72-600, in both LCD and bulk freighter configurations.
“Now is the perfect time to start converting ATR 72-600 aircraft. We are already in discussions with a number of potential operators about leasing these aircraft and expect to progress our discussions into firm lease commitments in the coming months.”
Commented Sebastien Cournet, IPRC’s technical and conversions specialist: “IPRC’s STC already covers the ATR 42 and ATR 72 family of aircraft.
“With many conversions already completed for various customers through our partner conversion centers, the forthcoming conversion of the enhanced ATR 72-600 glass cockpit platform, including the glass cockpit integrations required for the freighter platform, is a natural next step for our group.”
As part of the conversion program, Empire Aerospace, a long-standing partner of the ACIA Aero Capital group, will perform the first 72-600 LCD conversion at its Coeur d’Alene Airport facility in northern Idaho.
