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ATR bagged 165 orders and delivered 154 aircraft. The airframer
                                                     presently has an order backlog for almost three years of production
                                                     with its ATR -600s continuing to be the preferred choice of opera-
                                                     tors and lessors. ATR has forecast that the more than 3,000 new
                                                     aircraft will be required by the global turboprop market before the
                                                     end of 2037. ATR aircraft are also being used by their operators
                                                     to create new routes and now serve 1,346 airports worldwide (56
                                                     more than in 2017).

                                                     The airframer also notched up major milestones in 2018 with the
                                                     delivery of its 1,500th ATR aircraft and also delivering the 1,000th
                                                     ATR 72 in addition to the 500th -600 series aircraft. Despite the
        airplanes are needed in the regional transport   good times with the ATR family, the company has continued to
        aircraft category over the next 20 years as   add new innovations and  2018 was the year for several, such as
        existing aircraft age and begin to retire in the
        United States and as regional connectivity con-
        tinues to grow globally.

        As the programme pivots away from being pre-
        sented as a home-grown Japanese jetliner, to
        one that is more focussed on market prospects
        in the USA, Mitsubishi has opened a new U.S.
        headquarters, located in Renton, Washington.
        Alex Bellamy, Chief Development Officer of
        Mitsubishi Aircraft Corporation, delivered
        remarks at the headquarters’ opening event in
        which he highlighted the alignment between
        market trends and the company’s investment in
        North America. “Demand in the North American
        regional segment is expected to grow beyond
        the more than 1,800 aircraft currently in ser-
        vice,” said Bellamy. “It is strategically important   the new 18-inch wide “Neo-Classic” and “Neo-Prestige” seats,
        for us to be close to our customers and support   which are now standard on all new ATRs (since July 2018) and
        that market demand.”                         the introduction of the optional Cabinstream standalone wireless
                                                     In-Flight Entertainment (IFE) system. Cabinstream allows operators
        North America also presents the greatest     the option of introducing wireless connectivity into the ATR cabin,
        opportunity in the regional segment of the   allowing passengers to access a variety of multimedia content on
        market, as over 50 percent of the world’s    their personal electronic devices.
        regional jets are in service in the United States
        alone. More than 900 sub-100 seat jets are to   New extended maintenance intervals for ATR aircraft have also
        be retired by 2027 and this provides a major   been well received by operators as ATR has obtained EASA certi-
        opportunity for regional jets and Mitsubishi is   fication to extend the intervals between the Type A maintenance
        hopeful that the MRJ will emerge as the pre-  checks from 500 to 750 hours, for all of its aircraft series. This is
        ferred regional jet in this market. While the   an increase of 1.5 months of flying time to up to 4.5 months from
        MRJ90 and MRJ70 are both also positioned
        to serve global demand; the MRJ70 has the
        additional virtue of being the only clean-sheet
        regional  jet  that  meets  current  U.S.  scope
        clause restrictions.

        Top of the Heap
        The hardships faced by the other regional
        aircraft  contenders  have  left  Franco-Italian
        regional turboprop aircraft manufacturer, ATR,
        alone at the top of the heap, with an approx-
        imately 2/3rds share of turboprop orders for
        2018. ATR finished 2018 with an annual turn-
        over at US$ 1.8 billion. Between 2017 and 2018,


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