ATR, the world’s largest maker of turboprop aircraft, expects more than 2,700 new routes to be opened by 2037 as regional traffic and demand for turboprops continue to grow.
“Based on their current and recent success in opening new routes with the lowest risk, ATR estimates that turboprop aircraft have the potential to generate 2,770 new routes in the 20 years to come,” the company said in a statement on Monday.
ATR cited traffic growth in regional connectivity as the key driver for its market forecast. Growth of the regional routes, it said, “has been particularly intense in the period 2012 – 2017”.
Of the new flight routes, 440 of which will come from South East Asia. ATR also said it expects an annual growth of 4.5% in regional traffic over the period, of which 30% will come from routes that are yet to open. — Denise A. Valdez