Hi Air signs purchase agreement for two ATR 72-500 aircraft

Korean start-up Hi Air has purchased two ATR 72-500 aircraft ©ATR

ATR has sold two ATR 72-500 aircraft from its asset management portfolio to Hi Air. With this purchase the South Korean start-up, which began operations in December 2019, will increase its ATR fleet to four. The two additional aircraft will be delivered in August and October.

Supported by the superior economics and versatility of the ATR 72, which burns 40% less fuel and emits 40% less CO2 than a comparable regional jet, the airline is now ready to grow its fleet and expand the number of routes it offers. This summer, Hi Air will launch services on five domestic routes, including one to the popular tourist destination of Jeju Island.

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