Aircraft Orders & Deliveries
FLY91 Orders 40 ATR 72-600 Aircraft in $1 Billion Deal
Indian regional carrier FLY91 places a firm order for 40 ATR 72-600s, ATR’s largest order in nearly a decade.

Indian regional carrier FLY91 has placed a firm order for 40 ATR 72-600 turboprop aircraft, marking the manufacturer’s largest firm order in nearly a decade and signaling a major expansion for the Startups airline.
Announced on September 3, 2026, during a signing ceremony in New Delhi, the agreement is valued at approximately $1 billion, according to reporting by Mint. The acquisition will facilitate a ten-fold fleet expansion for FLY91, which currently operates six ATR 72-600s. The Orders aligns with the Indian government’s UDAN (Ude Desh ka Aam Naagrik) scheme, a national initiative designed to enhance air connectivity to underserved Tier 2 and Tier 3 cities.
Delivery schedule and fleet growth
FLY91, legally incorporated as Just Udo Aviation Private Limited, commenced commercial flight operations in March 2024. The Airlines currently operates approximately 280 weekly flights across 12 cities in India. With the addition of the 40 newly ordered airframes, the carrier projects its total fleet will exceed 60 aircraft in the coming years.
According to ch-aviation, Deliveries of the new ATR 72-600s are scheduled to begin in late 2027 and continue through 2032. To support this expansion, FLY91 is currently raising Rs 250 crore in funding, with 25 percent of the round already completed.
“FLY91 was built on a singular conviction: India needs a focused, dedicated regional aviation network that connects emerging cities directly and efficiently. We have grown deliberately and consistently since our inception and this 40-aircraft order is the catalyst for our next phase of expansion.”
The statement from FLY91 Founder, Managing Director, and Chief Executive Officer Manoj Chacko emphasized that the ATR 72-600 provides the ideal operating economics for the airline’s network.
ATR market position and regional strategy
The 40-aircraft commitment represents the largest global order by a regional airline for ATR, a joint venture between Airbus and Leonardo. The deal brings ATR’s total order intake for 2026 to 54 aircraft, a figure that already exceeds the manufacturer’s net orders for the entirety of 2025, according to AviTrader Aviation News.
ATR Chief Executive Officer Nathalie Tarnaud Laude noted that the expansion aligns closely with the Indian government’s ambition to strengthen regional connectivity. She stated that the aircraft enables airlines to offer affordable fares while connecting passengers to economic opportunities across the country.
Union Minister of Civil Aviation Kinjarapu Rammohan Naidu echoed this sentiment during the signing ceremony. “Regional connectivity is a fundamental pillar of India’s aviation growth story,” he stated, adding that bridging smaller cities with major economic hubs remains a national priority.
Operational support and crew recruitment
The firm order builds upon an existing relationship between the two companies. On May 30, 2024, FLY91 and ATR signed a Global Maintenance Agreement (GMA) to provide pay-by-the-hour support for the airline’s initial fleet.
As the carrier prepares for its delivery pipeline, it has actively expanded its flight crew roster. In August 2026, NDTV Profit reported that former Indian Air Force Group Captain Abhinandan Varthaman transitioned to commercial aviation and joined FLY91 as a pilot.
AirPro News analysis
We view this $1 billion order as a critical validation of the ATR 72-600 platform in high-density, price-sensitive markets. While the 70-seat turboprop sector has seen sluggish order activity globally in recent years, India’s state-subsidized UDAN scheme creates a uniquely favorable environment for regional operators. By securing a 40-aircraft pipeline, FLY91 is positioning itself to dominate secondary and tertiary routes that are economically unviable for the Airbus A320neo and Boeing 737 MAX fleets operated by larger Indian carriers like IndiGo and Air India. Executing a ten-fold fleet expansion will test FLY91’s ability to scale its maintenance infrastructure and pilot training programs concurrently.
Photo Credit: ATR
Aircraft Orders & Deliveries
Embraer Delivers 2000th E-Jet to Azul in Brazil
Embraer handed over its 2,000th E-Jet, an E195-E2, to Azul Linhas Aéreas on September 2, 2026, in São José dos Campos.

Brazilian aerospace manufacturers Embraer S.A. delivered its 2,000th E-Jet on September 2, 2026, handing over an Embraer E195-E2 to domestic carrier Azul Linhas Aéreas (AD) at a ceremony in São José dos Campos, Brazil.
The handover cements the E-Jet family as one of the three most successful commercial aircraft programs in aviation history. According to a press release issued by Embraer, the milestone aircraft also represents the 50th E2-generation jet to join the fleet of Azul, which currently stands as Brazil’s largest airline by destinations served.
A two-decade production milestone
Since entering commercial service in 2004, the E-Jet family has established a massive global footprint. Embraer reports that the aircraft type is currently operated by more than 90 airlines across over 60 countries. Over the past 22 years, the global fleet has accumulated approximately 48 million flight hours and transported 2.85 billion passengers.
Arjan Meijer, President and CEO of Embraer Commercial Aviation, highlighted the program’s impact on regional and global connectivity during the delivery event.
“The delivery of the 2,000th E-Jet is an extraordinary milestone for Embraer and for the global aviation transport industry. As one of the world’s three most successful commercial jet programs, the E-Jets family has played a vital role in connecting communities, opening new markets, and creating sustainable growth opportunities for airlines.”
Azul’s strategic partnership
Azul Linhas Aéreas has maintained a close strategic partnership with Embraer since the airline’s inception. The carrier operated its inaugural commercial flight on December 15, 2008, using an Embraer E190 registered as PR-AZL. Since that first flight, Azul has operated more than 140 E-Jets.
The relationship deepened in 2019 when Azul served as the global launch customer for the E195-E2, the largest variant in Embraer’s re-engined commercial lineup.
“Receiving the 2,000th E-Jet, which also marks our 50th E2 aircraft, is especially meaningful to us because it represents not only a major milestone for Embraer, but also the strength of a partnership that has helped transform regional aviation, enhance connectivity across Brazil, and deliver significant improvements to our customers’ onboard experience,” said Azul CEO John Rodgerson.
AirPro News analysis
Reaching 2,000 deliveries places the E-Jet program in rare company, trailing only the Boeing 737 and Airbus A320 families in contemporary commercial aviation success. We view this milestone as a testament to Embraer’s strategic foresight in the 70-to-130-seat market segment. By bridging the gap between regional turboprops and larger narrowbody jets, the manufacturer successfully carved out a niche that neither Boeing nor Airbus could efficiently serve with their legacy platforms. The transition to the re-engined E2 family appears to have secured the program’s relevance for the next decade, particularly as airlines prioritize fuel efficiency and right-sizing their capacity on secondary routes.
Sources: Embraer
Photo Credit: Embraer
Aircraft Orders & Deliveries
Avion Express Wet-Leases A320s to TAROM and FlyOne Armenia
Avion Express deploys two A320-200s to TAROM and FlyOne Armenia for summer 2026 amid Boeing 737 MAX delivery delays.

This is original reporting and analysis by AirPro News.
ACMI (Aircraft, Crew, Maintenance, and Insurance) specialist Avion Express has expanded its summer capacity network by wet-leasing two Airbus A320-200 aircraft to FlyOne Armenia and Romanian Air Transport (TAROM). The August 18, 2026, announcement places one aircraft in Yerevan and another in Bucharest, providing critical operational relief during the peak European travel season.
The deployment highlights the ongoing reliance on wet-lease operators to bridge fleet shortfalls across the industry. In a statement released on social media, Avion Express confirmed the new partnerships, noting that the aircraft will support both airlines’ immediate capacity needs.
Bridging the gap for TAROM
For TAROM, the Avion Express Airbus A320-200 serves as a direct mitigation strategy for delayed aircraft deliveries. The Romanian carrier has faced multiple setbacks in the delivery and commercial debut of its first Boeing 737 MAX 8 aircraft.
According to scheduling data from AeroRoutes, the Boeing 737 MAX 8 was originally expected to enter service in mid-July 2026. This target was subsequently pushed to mid-August and is now revised to September 2026.
To maintain its summer schedule, TAROM has deployed the wet-leased Airbus A320-200 on key European routes out of Bucharest. The aircraft is currently scheduled to operate flights to Amsterdam, Cluj, Frankfurt, and Madrid.
Boosting single-aisle capacity in Yerevan
The second Airbus A320-200 is based in Yerevan, Armenia, to support FlyOne Armenia. The carrier has been actively expanding its fleet and network footprint.
Data from ch-aviation indicates the wet-leased aircraft is being utilized to boost single-aisle capacity during the high-demand summer months. Avion Express described the dual deployments as an opportunity to provide reliable support and adapt to fresh operational challenges.
AirPro News analysis
We observe that the ACMI market remains exceptionally tight in the summer of 2026. TAROM’s situation illustrates the cascading effects of Original Equipment Manufacturer (OEMs) delivery delays. When manufacturers miss delivery targets, airlines are forced to turn to operators like Avion Express to protect their schedules and avoid passenger disruption. This dynamic ensures that wet-lease demand will likely remain elevated as long as supply chain and production bottlenecks persist.
Sources: Avion Express
Photo Credit: Avion Express
Aircraft Orders & Deliveries
Willis Lease Finance Acquires 25 Assets for $262.9M
WLFC acquires 12 aircraft and 13 spare engines from WNG International Master Fund II for approximately $262.9 million.

Willis Lease Finance Corporation (WLFC) has expanded its aviation asset portfolio with the acquisition of 12 commercial aircraft and 13 spare engines from WNG International Master Fund II, L.P. for an adjusted purchase price of approximately $262.9 million. The transaction officially closed on August 24, 2026, following an amended Purchase and Sale Agreement originally signed in July.
Announced in a press release and detailed in a Form 8-K filed with the U.S. Securities and Exchange Commission (SEC) on August 25, 2026, the acquisition was executed through WLFC’s wholly owned subsidiary, Willis Dallas Ltd. The deal involved the purchase of the entire issued share capital of WNG II Aircraft Leasing (Cayman) Ltd. and 100 percent of the membership interests of WNG Aircraft Management 3, LLC.
Financial structure and asset allocation
The transaction featured a base purchase price of $379.3 million, which was adjusted down to approximately $262.9 million at closing. According to the SEC filing, these adjustments accounted for basic rent, maintenance reserves, cash security deposits, and assets lost or disposed of prior to the closing date. A 6.25 percent per annum interest rate was applied as an upward adjustment from the historical economic closing date through the actual closing date. The final payment was also reduced by a previously funded $10 million deposit and a $1,517,200 holdback amount.
The acquired portfolio consists of 12 commercial aircraft and 13 spare aircraft engines. WLFC stated in its regulatory filings that it intends to allocate 10 of the acquired engines and six of the aircraft to subsidiaries of joint ventures or managed investment vehicles, integrating the new assets into its existing leasing and management platform.
Strategic growth and recent corporate activity
The acquisition from WNG International Master Fund II aligns with WLFC’s stated objectives of expanding its integrated leasing, asset management, and aftermarket service capabilities. WLFC Chief Executive Officer Austin C. Willis highlighted the strategic fit of the newly acquired portfolio.
“We believe this acquisition represents an attractive opportunity to put capital to work in assets that fit well with our existing business. It builds on our core strengths in aircraft and engine leasing and reflects our continued focus on disciplined growth and long-term value creation.”
This transaction follows a series of significant corporate actions by the Coconut Creek, Florida-based lessor in the third quarter of 2026. On July 17, 2026, WLFC effected a three-for-one forward stock split designed to increase the liquidity and accessibility of its shares. Shortly after, on July 29, 2026, the company signed a five-year agreement with RTX’s Pratt & Whitney for engine storage and lease return services. WLFC subsequently reported its second-quarter financial results on August 4, 2026, posting total revenue of $388.3 million and net income of $55.2 million for the first half of the year.
AirPro News analysis
We view this acquisition as a logical extension of WLFC’s core leasing and asset management strategy. By acquiring an established portfolio and immediately planning to allocate a significant portion of the assets to joint ventures and managed vehicles, WLFC is leveraging its platform to generate management fees while expanding its physical footprint. The adjusted purchase price reflects standard industry mechanisms for transferring operational aviation assets, ensuring the buyer is compensated for rent and maintenance reserves accrued prior to the physical closing. Coupled with the recent Pratt & Whitney agreement and strong first-half financial results, this acquisition indicates a period of structured capital deployment for the lessor.
Sources: Willis Lease Finance Corporation
Photo Credit: Willis Lease Finance Corporation
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