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.
Bombardier is selling its Q400 turboprop business to the parent company of Canada-based aircraft manufacturer Viking Air for CAD$300 million.
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.