Abelo & SKY express collaboration continues with two brand-new ATR 72-600


We are delighted to announce the delivery of our first newly ordered ATR72-600 to our partners SKY express in Greece.

Dublin, Ireland, 25 January 2023

Abelo is pleased to announce the successful completion of lease agreements for two new ATR72-600 aircraft with SKY express. The first aircraft has been delivered on January 15, 2024, while the second one is anticipated for delivery by March 2024 and mark the initial pair from Abelo’s substantial ATR orderbook of thirty aircraft.

The longstanding partnership between Abelo and SKY express spanning nearly a decade, has further strengthened and broadened the ties between the two partners. The latest agreement concluded with Abelo under its new organizational structure and leadership led into the introduction of these two state-of-the-art aircraft into the SKY express fleet. Following these additions, the company’s older fleet is replaced underscoring SKY express’s commitment to bolstering its regional market presence in Greece.

“We are excited to continue our fleet renewal along with the ongoing partnership between SKY express and Abelo. This upgrade introduces two new ATR72-600 aircraft into our state-of-the-art fleet, supplementing those previously announced at the beginning of 2024. Our fleet will now include 14 ATRs, of which 10 are brand-new ATR72-600 model. This expansion reflects our confidence in the sustainable growth of the Greek regional market in the coming years and underscores our commitment to reducing our environmental footprint. Our efforts to standardize our fleet are evident, as we strive to provide our customers with the best possible experience while meeting our ambitious decarbonization goals. The positive outcomes of our strategic decisions are poised to yield significant benefits for our passengers, the SKY express team, our partners and all our stakeholders”, commented Captain Konstantinos Iliakis, CEO at SKY express.

“We are delighted by the robust demand for new turboprop aircraft and are thrilled to continue our long-standing partnership with the SKY express team. The incorporation of the ATR72-600 with the new XT engines aligns seamlessly with SKY express’ strategy of expanding its environmentally conscious fleet,” stated Stephen Gorman, CEO of Abelo.

Having launched in June 2022, Abelo swiftly secured an order for 10 ATR72-600 and 10 ATR42-600S from ATR, which was later confirmed with a subsequent deal for another 10 firm ATR72-600. Abelo is also the launch customer for ATR’s innovative new STOL variant of the ATR42.
About Abelo

Abelo is and Irish-based regional aircraft leasing platform specialising in turboprop aircraft dedicated to connecting communities and businesses in an economically and environmentally responsible manner. Our core mission is to expedite the transition from older aircraft to the most advanced, low-emission technologies. We firmly believe that turboprops are the answer to this sustainability challenge.
Abelo is backed by funds managed by Oaktree Capital Management, L.P., a global alternative investment firm. This strategic partnership aims to further enable investments in the turboprop sector during a transformative era where the leasing business and ESG considerations are evolving significantly.

Abelo is committed to leading the way in the aviation industry by embracing innovation and sustainability to benefit both our clients and the planet.

2nd Floor 12/13 Exchange Place,
Custom House, I.F.S.C,
Dublin, Ireland.

About SKY express

SKY express, is the double-awarded Greek airline in Europe for its continuous excellence and innovation in the ERA Awards 2023. It has the largest network of domestic destinations (33), while it consistently serves with its scheduled flights an ever-expanding network of 11 European destinations with the youngest in the region AIRBUS A320neos. It has signed major interline agreements with global carriers such as Air France, British Airways, KLM, Qatar Airways, Emirates, Etihad, Delta, American Airlines, Cyprus Airways, Condor, El Al, Turkish Airlines, Middle East Airlines, and Royal Jordanian. Passengers all over the world travel to Athens and continue their journey to all SKY express enchanting domestic destinations. In 2024 its fleet will be totalling 27 aircraft, remaining the youngest fleet in Greece. SKY express travels to a sustainable future with the good practices it continuously applies.

W: www.skyexpress.com
FB: https://www.facebook.com/SKYexpressAirlinesGreece
IG: https://www.instagram.com/skyexpressgreece/
LI: https://www.linkedin.com/company/sky-express-airlines/
YT: https://www.youtube.com/c/SKYexpressAirlineGreece
For additional information, please visit us at www.abelo.aero

Shannon Jackson