Warsaw-based Eurolot has converted options on six Bombardier Q400 turboprops to a firm order worth $190 million based on list prices, the Canadian manufacturer announced last month. Once delivered, the new airplanes will increase the size of Eurolot’s Q400 fleet to 14 while replacing aging ATR 42s and 72s. Eurolot placed a firm order for eight Q400s with options on another 12 in early March and took delivery of the first in mid-May.
It seems that much discussion is still under way at Bombardier as to whether or not it should launch a stretched, 90-seat model of its Dash 8 Q400 Next Gen turboprop.
Anyone doubting the staying power of turboprop aircraft in the regional airline sector probably should have visited Toulouse on May 3 to see ATR delivering the 1,000th example of its twin turboprop series.
Bombardier Commercial Aircraft saw its backlog for Q400s grow last month by more than 25 percent with a single firm order from Poland’s Eurolot for eight of the high-speed turboprops, along with options on another 12. The deal not only helps rejuvenate the Q400’s recently growing, but still weak, backlog, but it also signals a shift in Eurolot’s loyalties from ATR, 14 of whose airplanes the Polish airline now operates.
On several fronts Europe’s regional airlines face challenges to achieve parity with larger airlines–which operate larger aircraft and wield more clout–and the heavily subsidized rail sector.
Franco-Italian turboprop manufacturer ATR logged record revenues of $1.4 billion and delivered 54 airplanes last year, the company announced during its annual press conference in Paris last month. The performance marked the second straight year the company delivered more than 50 airplanes. ATR registered firm orders for 40 new aircraft and options on another 17 last year, compared with 42 and 14, respectively, in 2008.
Franco-Italian turboprop manufacturer ATR logged record revenues of $1.4 billion and delivered 54 airplanes last year, the company announced during its annual press conference in Paris today. The performance marked the second straight year the company delivered more than 50 airplanes. ATR registered firm orders for 40 new aircraft and options on another 17 last year, compared with 42 and 14, respectively, in 2008.
Romanian flag carrier Tarom took delivery of its first ATR 72-500 last month under the terms of a $37 million contract it signed last year for two of the twin turboprops. The airline currently operates a fleet of seven ATR 42-500s and will take delivery of its second new ATR 72 later this year.
ATR plans to deliver more than 60 new aircraft this year and expand production capacity to answer a surge in demand for its regional turboprops, while increasing its revenue to more than $1.3 billion. Meanwhile, the company continues to contemplate a bigger aircraft, possibly a stretched version of its newly announced ATR 72-600.
Polish flag carrier LOT confirmed last month that it will place a firm order for ten 70-seat Embraer 170s. LOT’s supervisory board approved the estimated $200 million deal on January 10, finally settling a hard-fought competition between the Brazilian manufacturer and its Canadian counterpart, Bombardier. Scheduled for delivery early next year, the first of the 70-seat jets will augment a fleet of fourteen 50-seat Embraer
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