JKAS Airways Signs Letter of Intent for ATR72-600 Lease, Aiming for Flights between Kansai and Toyama/Yonago

JKAS Airways has signed a letter of intent with Singapore-based leasing company Avation PLC for the lease of ATR72-600 aircraft, announced at the Farnborough Air Show.

The company plans to receive the aircraft by the end of 2023 and to start operations on the Osaka/Kansai to Toyama/Yonago route. The first aircraft out of the ten ordered by Avation PLC will be allocated.

JKAS Airways’ Representative Director, Seiji Shirane, stated, “This agreement marks a significant milestone towards the commencement of our operations, in collaboration with Avation, a leading aircraft leasing company, and ATR, a leading regional aircraft manufacturer. There are many communities in Japan that require a regional aviation network for everything from medical to trade, business, and tourism. We aim to contribute to the revitalization of Japan through economic stimulation, enhanced access to cultural experiences, and the maintenance of crucial lifelines.”

Jeff Chatfield, Executive Chairman of Avation PLC, expressed his honor, “We are extremely honored that JKAS Airways has chosen the ATR72-600 for expanding regional routes in Japan and that they have selected us as their leasing partner. Investing in aircraft like the ATR72, with a low carbon footprint and in the vanguard of the industry, capable of using SAF (Sustainable Aviation Fuel), represents an investment in a more sustainable future for aviation, enhancing connectivity between regions and communities.”

JKAS Airways is a regional airline established in June 2023, with plans to start operations with two routes from Kansai International Airport. Initially starting with one aircraft on two routes, the company aims to expand to a fleet of seven aircraft serving 16 routes within five years.