ATR, Indonesia’s national airline Garuda Indonesia and Danish leasing firm Nordic Aviation Capital (NAC) announced an agreement for 35 new ATR 72-600 aircraft into the airline’s fleet. This deal involves NAC as lessor to Garuda, and includes for 25 firm…
The world is waiting for the aerospace industry to provide guidance on the next generation turboprops. This is a small, even niche market, but it’s seen a resurgence as mainline airplanes grow in size. The regional jetliners that once dominated…
We believe that a mix of high speed turboprops and jets in the 70-90 seat sector are the most likely 50-seat regional jet replacements, but we see a resurgence of turboprops taking a larger market share in today’s high fuel…
The RAA provides great data on the US regional airline industry. We took a look at the fleet breakdown and created this chart. It is amazing that the 50-seat regional jet accounts for 59% of operations. Note that turboprops account…
Kingfisher Airlines is sinking fast. Consider: ATR turbo-prop orders have been canceled, all 38 of them; IATA has booted the airline out of its various services for non-payment and sinking financial condition; Staff isn’t being paid and as a result,…
Bombardier announced today that Warsaw-base Eurolot ordered eight Q400s plus 12 options. Based on list price for the Q400 the firm order contract is valued at $246 million. The contract value would increase to $625 million when all 12 options…