Tue, 18 October 2016

ATR Forecasts Demand for 750 New Turboprops in APAC Over Next 20 Years

According to the latest ATR Market Forecast demand for new turboprops in Asia Pacific is expected to reach 750 units over the next 20 years.

Out of the 750 estimated aircraft, 630 would be ATR 72 while the demand for ATR 42, accommodating up to 50 passengers, could reach 120 units.

Route creation will represent 27% of aircraft needs forecast for the period. In parallel, operators can also increase capacity thanks to the new High Capacity version of the ATR 72. The 78-seater version is well suited to areas with increasing demand, stretching the offer to adapt to traffic development. ATR delivered its first High Capacity aircraft to Cebu Pacific Air in September 2016.

The regional market is often considered as a lower-end niche. Yet, the economic development that our connections stimulate can also generate much larger opportunities. Especially since ATR aircraft are very efficient in a variety of airline business models in the region, including low-cost, full service, point-to-point and access to remote communities, said John Moore.

With 377 ATRs in operation (for 60 airlines), some 200 routes created since 2010, the Asia Pacific region has the largest ATR fleet in operation.

With an average flight length of 203 nm, the regional market in South-East Asia is perfectly suited to turboprops, which account for 79% of the fleet.

See other recent news regarding: ATR, Forecast, Outlook, Aviation

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