Iran makes its next buy

This morning ATR reported success with an order for 40 ATR72-600s to Iran Air. The deal includes firm orders for 20 aircraft plus 20 options, and is valued at one billion euro.  Interestingly the deal was signed in Tehran, not Paris or Toulouse.  Italian and French...

ATR’s 2015 numbers

ATR reported their 2015 numbers and they are impressive. The OEM set a new record of deliveries at 88 aircraft.  It received 76 firm orders and 81 options and it passed the threshold of 200 operators. ATR achieved a record turnover in 2015, increasing to $2bn (2014...

Air Lease Corporation sells ATR Fleet

Late in the evening yesterday an intriguing note arrived. “Air Lease Corporation (ALC) announced the sale of 25 ATR aircraft in its fleet to Nordic Aviation Capital A/S (“NAC”). These ATR aircraft have served ALC well in meeting the demand from airline customers...

Premium #191 – The Turboprop Competition

The commercial turboprop market remains essentially a two-horse race between ATR and Bombardier. The story is interesting. The chart below shows the order history for both models since 2000. ATR had a bumpy start but has done exceptionally well since 2004, albeit with...