ATR Launches Corporate Models

Gemini Sparkle

Key Takeaways:

  • ATR launched a new "Corporate" variant of its regional turboprop at EBACE, targeting VIP, shuttle, and medevac applications due to existing customer conversions.
  • The new variant boasts significant operational advantages over corporate jets, capable of reaching 25% more airports due to its turboprop design.
  • Priced at $17 million for the VIP version, it is presented as an economically sound option due to its convertibility back to passenger/cargo configurations, maintaining high asset value.
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ATR launched ATR Corporate at EBACE. According to sales director Milco Rappuoli the company is still working on a name for the new aircraft. The move came about because several airlines are already using the regional turboprop as a convertible from VIP to shuttle or medevac. Last year the OEM sold a VIP variant to a customer in Azerbaijan.

According to the company, the turboprop has terrain advantages over jets. “We can reach 25% more airports compared to a corporate jet,” Rappuoli said. The EADS and Alenia joint venture has already proved popular with the Thai air force, which is using it as a head-of-state aircraft. The VIP version costs $17 million. “It makes economic sense,” said Rappuoli. “Because of the airframe it can be converted back to a passenger or cargo aircraft for relatively little cost to meet the particular needs of the customer, so the asset value remains high.”

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