Turboprop maker ATR board of directors have formally given the green light for a short takeoff and landing (STOL) variant of its 42-600 aircraft.
ATR has announced the first two orders for a short takeoff and landing (STOL) variant of its 42-600 that is currently in development.
ATR expects the recent decision by Bombardier to launch a 50-seat regional jet will have little impact on that segment of the market.
Turboprop maker ATR says it secured firm orders for 52 aircraft in calendar 2018 in what it described as a difficult environment due to the suspension of deliveries to Iran Air.
Bombardier is selling its Q400 turboprop business to the parent company of Canada-based aircraft manufacturer Viking Air for CAD$300 million.
Aircraft manufacturer ATR expects the fast-growing Asia Pacific region will require 740 new turboprops over the next two decades to support the introduction of new routes and growing demand for travel from so-called secondary cities. The figure, contained in ATR’s turboprop market forecast for 2018-2037 and published on July 2, did not include the Chinese