ATR has decided to stop the development of its Short Take-Off and Landing variant (STOL), the ATR 42-600S, and further boost the competitiveness of its current product portfolio. The decision to align operations with evolving market dynamics was made following...
To read the full article, please log in or enter your email below:
ATR has decided to stop the development of its Short Take-Off and Landing variant (STOL), the ATR 42-600S, and further boost the competitiveness of its current product portfolio.
The decision to align operations with evolving market dynamics was made following an extensive market review and in light of lingering tensions on its supply chain.
Acording to the company, a comprehensive review of market conditions, technological advancements and future projections show a reduced addressable market for the STOL variant compared to the initial forecast. In Southeast Asia, for instance, the number of targeted airports requiring STOL-capable aircraft has significantly decreased, primarily because of runway extensions or the construction of nearby alternative airports, and this trend is mirrored in other key target markets.
“As a global leader on the regional market, ATR has a responsibility towards its customers, stakeholders and the industry at large to continuously evaluate its product portfolio to meet market demand," said Nathalie Tarnaud Laude, ATR’s Chief Executive Officer. " The decision to halt the STOL project reflects our dedication to operational efficiency and long-term sustainability.
“We are now entering the next phase of growth and improvement where we will focus on further investing in the competitiveness of our market-leading products, the ATR 42-600 and 72-600. Delivering strong value propositions to regional airlines has always been central to our success. This commitment is the reason why our aircraft have remained industry leaders and a trusted choice for our customers over the past 40 years and continues to be our driving force for what lies ahead.” she added.
The company has identified a series of product improvements that aim at further reducing the costs of operations and increasing the availability of its aircraft, Laude said. "These improvements directly reflect the needs and insight shared with our customers. To achieve these goals, we are working closely with our key suppliers and have developed comprehensive action plans to drive progress on these enhancements."
French water treatment company BIO-UV Group has dispatched a second BIO-SEA ballast water treatment system to the United States for…
Neutral Air Partner (NAP) has introduced NAPAY, a payment solution designed for its network members. The system was developed in…
DHL Group is expanding its electric vehicle (EV) logistics and supply chain solutions in the Asia Pacific region with the…
Air Astana will introduce a direct flight between Almaty and Da Nang, Vietnam, starting on 4th June 2025. The service…
Indonesian Defence Minister Sjafrie Sjamsoeddin has handed over 700 Maung MV3 special vehicles, produced by PT Pindad, to the Indonesian…
Indonesian Defence Minister Sjafrie Sjamsoeddin has handed over 700 Maung MV3 special vehicles, produced by PT Pindad, to the Indonesian…
AARONIA AG presented its latest advancements in drone detection and electronic warfare at Enforce Tac 2025, held in Nuremberg from…
Malaysia Aviation Group (MAG), the parent company of Malaysia Airlines and Firefly, has signed a Memorandum of Understanding (MoU) with…
The Business Aviation Asia Forum & Expo (BAAFEx) is set to hold its inaugural edition from 4–6 March at Singapore’s…
PT Dirgantara Indonesia (PTDI) and Dassault Aviation have inaugurated the Dassault Aviation-PTDI Design Office on the fourth floor of PTDI’s…
L3Harris Technologies and Shield AI will collaborate on a demonstration to enable an electronic warfare (EW) operation with AI-enabled unmanned…
The Spanish Air and Space Force has said that it sees, the 'Hürjet' training aircraft as well positioned to replace…
Total passenger demand, measured in revenue passenger kilometers (RPK), was up 10.0% in January this year compared to the same…
Pratt & Whitney's GTF Advantage engine has achieved U.S. Federal Aviation Administration (FAA) type certification for the Airbus A320neo family.…
The Israeli Air Force (IAF) will receive the two first Boeing KC-46A aerial refueling aircraft in 2026 . The other…
Israel Shipyards has begun the construction of the first of five Reshef class warships for the Israeli Navy. The 2.8…
Russia has accelerated efforts to incorportate laser technology to some of its operational air defence systems. As part of continuous…
Kratos Defense & Security Solutions and Rafael Advanced Defense Systems on Thursday announced an approximate 50/50 partnership for the establishment…
Defence trade fair Euro Defence Expo (EUDEX) and the annual conference of the NATO Joint Air Power Competence Centre (JAPCC)…
Ramco Systems, a global aviation software provider has announced the successful implementation of its Aviation Software at Philippine Airlines for…
Singapore’s Ministry of Defence has announced that Brigadier-General (BG) Cai Dexian, currently Commander, 3rd Singapore Division will take over from…
Lockheed Martin has showcased a new counter-unmanned aerial system (C-UAS) solution in a recent field demonstration, highlighting its ability to…
The Indonesian Navy (TNI Angkatan Laut / TNI AL) has launched the service's second Bung Karno-class corvette, KRI Bung Hatta…
ASELSAN recorded revenues of 120 billion TL (over 3.2 billion USD) in 2024, marking a 13% increase from the previous…
ITA Airways and Lufthansa Group have initiated a codeshare agreement, linking their route networks for the first time. This arrangement…
Chemring has provided a trading update ahead of its annual general meeting, reporting a record order book of £1.35 billion…
TransNusa is set to become the first Indonesian airline to operate scheduled flights between Bali and Guangzhou. The airline will…
ANA Holdings and CFM International have announced an order for more than 75 LEAP engines, including both installed and spares.…
General Atomics Aeronautical Systems, Inc. (GA-ASI) recently demonstrated the first-ever Anti-Submarine Warfare (ASW) capability on an MQ-9B SeaGuardian. In a…
The French Defence Procurement Agency (DGA) has awarded the third phase of the Naval Force IP Network (RIFAN 3) contract…
Headquartered in Singapore with reporters spread across all major regions, GBP Aerospace & Defence is a leading media house that publishes three publications that serve the aerospace and defence sector - Asian Defence Technology, Asian Airlines & Aerospace and Daily News. Known industry-wide for quality journalism, GBP Aerospace & Defence is present at more international tradeshows and exhibitions than any other competing publication in the region.
For over three decades, our award-winning team of reporters has been producing top-notch content to help readers stay abreast of the latest developements in the field of commercial aviation, MRO, defence, and Space.
Copyright 2024. GBP. All Rights Reserved.
Home Defence & Security Space Commercial Aviation Maintence Repair & Overhaul Daily News Events About Us
2025 GBP all rights reserved.