Singapore: A Model for Aviation-Led Economic Growth

Singapore: A Model for Aviation-Led Economic Growth

Singapore, an island nation with limited natural resources, has gained recognition as a global economic powerhouse. Unlike many of its Southeast Asian neighbours, Singapore lacks natural resources such as oil, gas, minerals, or substantial agricultural land. The country serves as practical evidence that overcoming geographical and other challenges is achievable through strategic vision, effective governance, strong institutions, and a commitment to innovation. It remains a role model for nations striving to achieve economic success without…

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Singapore-based lessor Avation orders five additional ATR 72-600S

Singapore-based lessor Avation orders five additional ATR 72-600S

Reinforces long-term ATR partnership, reaches 54 net firm aircraft ordered    ATR, the world’s leading regional aircraft manufacturer, today announced that Singapore-based lessor Avation (LON: AVAP) has exercised purchase rights for five ATR 72‑600 aircraft under its long-term framework agreement signed in 2011. Deliveries are scheduled for 2028 and 2029. This latest commitment covers the 50th to 54th ATR aircraft ordered by Avation since the start of its cooperation with ATR 15 years ago. Over…

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