Regional airline Fly91 on September 3 placed a firm order for 40 ATR 72-600 turboprop aircraft, marking one of the largest single orders placed with Franco-Italian aircraft maker ATR as the carrier seeks to expand connectivity to smaller Indian cities.
The deal, valued at about $1 billion at list prices, gives a significant lift to ATR, which dominates the global turboprop market but remains dependent on a limited number of countries for aircraft sales. The order also underlines India's growing importance as a market for regional aircraft, supported by government-backed efforts to improve air connectivity to smaller cities.
