In 2006, the airline embarked on a fleet modernization program that saw it sign a contract with ATR of France to deliver seven brand new state-of-the-art aircraft. The last of the seven aircraft arrived in September 2010.
In 2012 Precision Air embarked on another fleet modernization program which saw Precision Air become the first airline in the world to operate ATR 42-600. The program is still underway and four more ATR-600 series are to be delivered.
The current fleet consists of, Five 70 seater ATR 72-500, Three 48 seater ATR 42-500 and 1 48 seater ATR 42-600.