Following a comprehensive market review and supply chain challenges, ATR has announced it will discontinue development of the ATR 42-600S, a short take-off and landing (STOL) variant of its regional aircraft. This strategic decision underscores ATR's commitment to realigning with market needs and increasing the competitiveness of its existing product lines. The company aims to focus its resources on enhancing the capabilities of its current ATR 42-600 and ATR 72-600 aircraft, responding to the evolving requirements of regional airlines and their passengers.
ATR's decision follows an analysis indicating that the market for the ATR 42-600S variant is smaller than initially anticipated. This is due to infrastructural changes in key regions, such as Southeast Asia, where many airports originally targeted for STOL operations have extended their runways or constructed nearby alternatives. Consequently, ATR's existing aircraft models can now serve these airports without the need for STOL capabilities, reducing the potential demand for the variant.
Nathalie Tarnaud Laude, ATR's Chief Executive Officer, stated that the company's decision aligns with its responsibility to adapt to customer needs and industry trends. She highlighted that halting the STOL project reflects ATR's broader focus on operational efficiency and long-term sustainability. According to Laude, ATR's next phase involves investing in technological advancements for existing models, improving operational costs and enhancing the aircraft's availability to meet the dynamic needs of the regional aviation sector.
This strategic refocus will also allow ATR to further penetrate the North American market, where it seeks to replace ageing fleets of regional jets and improve direct regional connections. Laude emphasised that ATR's dedication to delivering strong value propositions has cemented its reputation as an industry leader for over 40 years. The company intends to continue working closely with suppliers and customers to introduce product improvements that meet operational demands and maintain ATR's competitive edge.
By focusing on its well-established aircraft models, ATR aims to strengthen its market position and remain a reliable partner for regional airlines worldwide.
