ATR foresees demand for 300 new turboprops in China over the next two decades

According to the July 2016 ATR Market Forecast, demand for new turboprops in China is expected to reach 300 units by 2035. ATR also anticipates that regional network development is the next big opportunity in China, with some 800 new regional routes expected to be created by turboprops over the next 20 years. Of the 300 deliveries of new turboprops forecast within the next 20 years, 270 would be in the 61-80-seat segment and 30 in the 40-60-seat segment. There is tremendous potential to introduce modern turboprops for short haul route development in China. As of today, regional aircraft only represent some 2.5% of the total fleet operating in China, compared to 25% worldwide. Nearly 80% of the turboprops expected for delivery in China will be used to create new routes. This is particularly expected in less densely populated cities and regions, which have less developed road infrastructure, limitations to developing high speed train networks, and lower traffic demand. These regions could benefit economically from the development of air connectivity with efficient, reliable, affordable and right-sized solutions that ATR already provides to some 200 operators worldwide. The development of an improved air transportation network of airports serving all regions of the country is a clear aim of the national government. The Chinese government forecasts the development of some 70 new airports within the next 5 years, a substantial addition to the 200 airports currently operating in the country. Since the beginning of the program, the regional turboprop manufacturer ATR has delivered over 1,300 aircraft. ATR has already achieved significant success in the Asia-Pacific region; this region overtook Europe in 2014 to boast the largest fleet of ATRs in operation. ATR aircraft represent the most fuel-efficient, comfortable and state-of-the-art solution to China’s regional aviation needs.