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.
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ATR has announced the first two orders for a short takeoff and landing (STOL) variant of its 42-600 that is currently in development.
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ATR expects the recent decision by Bombardier to launch a 50-seat regional jet will have little impact on that segment of the market.
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Air New Zealand and ATR plan to look at the use of hybrid technology to power regional aircraft.
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ATR says the boom in online shopping could help spur demand for its aircraft in Australia as part of a mixed business model where cargo shipments supports passenger services on regional routes.
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.