ATR forecasts demand for 2800 new turboprops over next 20 years, 3.9% p/a regional travel growth

ATR released (12-Jul-2016) its new 20 year Market Forecast, predicting a demand for 2800 turboprop aircraft over the next two decades. ATR forecasts that 1000 turboprops (35%) will be replacing older aircraft, keeping the flying fleets up to and beyond required safety and environmental standards. The other 65% will come from fleet growth. ATR anticipates an average growth rate in annual regional traffic of around 3.9%. 3.2% p/a of this forecast growth can be attributed to the 3000 or more new routes that are expected to open: 1400 routes in the Asia Pacific (including China), 800 across the Americas and 800 between Europe, Africa and the Middle East. [more - original PR]