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ATR wins Indonesia's Garuda deal for 35 planes

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(Reuters) - Indonesia's state-owned carrier Garuda (GIAA.JK) has signed a deal for 35 ATR 72-600 aircraft for over $840 million, regional aircraft manufacturer ATR said in a statement on Tuesday.


Turboprop aircraft fly more slowly than jets, but their lower fuel consumption mean that they are increasingly popular in growth marketssuch as Southeast Asia and Latin America.


The deal concerns 25 firm orders and options for 10 additional planes said ATR, which will start delivering the 70-seat aircraft in November.


ATR is co-owned by European aerospace group EADS (EAD.PA) and Italy's Finmeccanica (SIFI.MI). It competes for turboprop sales with Canada's Bombardier (BBDb.TO).


ATR's revenue rose 11 percent last year to $1.44 billion. Two-thirds of the 64 aircraft it delivered in 2012 were sold to emerging markets includingBrazil, Indonesia and Russia.



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The company is based in the south-western French city of Blagnac.



http://www.reuters.com/article/2013/10/01/us-france-indonesia-atr-idUSBRE99004E20131001


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Another new ATR operator for South East Asia. Seems like Bombardier Dash 8 is being squeezed out of South East Asian market.

ATR already set up a training centre in Singapore to cater for the SEA market. Bombardier has not.

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ATR already set up a training centre in Singapore to cater for the SEA market. Bombardier has not.

True, the ATR training centre in Singapore makes it easier for airlines around the region to send their cadet pilots/ pilots for certification. In addition, the cost of ownership of Dash 8 is unfavourable. A good read on ATR 72 vs, Dash Q400: http://theflyingengineer.com/aircraft/proud-to-fly-a-turboprop-q400-vs-atr72/

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