Competition heats up in turboprop market

“We are fully engaged with engine manufacturers now and meeting here at the air show...We are excited by where we are.”

The thrumming noise of the propellor-driven turboprop also puts some passengers off, travel experts say, even though many in the industry say that reputation is already out of date.“We believe the market opportunity going forward is significantly different to what past decades have shown.”At ATR’s bright-red stand inside Singapore’s exhibition hall, Chief Executive Stefano Bortoli shrugged off the threat of a comeback by Embraer which already makes smaller turboprops.

ATR recently launched a freighter and a version designed for use on short runways, which has opened opportunities in markets such as Japan and Papua New Guinea, where PNG Air emerged as a launch customer this week. The prospect of greater competition in turboprop adds zest to efforts by Embraer to complete a tie up with Boeing , which has agreed to acquire control of its commercial division.

Why not position the blades posterior to turbo?

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Russia is 'fearful' of US competition in the European gas market, official saysEurope can buy its natural gas wherever it wants, including Russia, but there should be more competition among suppliers, a top U.S. energy official told CNBC. Russia is the best alternative for Europe, on top of this it doesn't pollute seas.. Trump may stop LNG sales to help Putin They should be scared. The US ia the Saudi Arabia of Nat. Gas
Source: CNBC - 🏆 12. / 72 Read more »

AWS chief says it's 'folklore' that Amazon will destroy competition in any new market it entersAndy Jassy, the CEO of Amazon Web Services, pointed to Amazon's failed smartphone launch in 2014, and said that despite Amazon's success in online payments, 'PayPal seems to be doing quite well.'
Source: CNBC - 🏆 12. / 72 Read more »

The battle for the Middle Eastern arms market is heating upIn 2014-18 the Middle East received a third of the world's arms exports. But countries in the region want to localise their spending Supply and demand 🤔 Why? Arabs must fight so that the west can make money
Source: TheEconomist - 🏆 6. / 92 Read more »