(19 July 2022, 10:17 +07)
ATR has signed a Letter of Intent for up to 36
aircraft with Feel Air Holdings, a new regional airline holding
company in Japan.
Feel Air plans to
use a franchise business structure to gradually establish
a family of regional airlines that will cover new regional connections throughout the Japanese
archipelago, which has close to 100 airports in operation.
The LOI confirms Feel Airs commitment to the
exclusive use of ATR aircraft for its domestic operations, with a
fleet that will consist of both ATR 42-600 and ATR 72-600
aircraft, as well as the short take-off and landing variant, the
ATR 42-600S, for easier access to smaller regional airports.
ATR has signed a LOI for up to 36 aircraft with Japan's Feel Air Holdings
Mr. Hideki Ide, Chief Executive Officer of Feel
Air Holdings, said, Over the coming years, Feel Air Holdings will
establish at least five regional airlines, with a fleet that will
ultimately comprise 36 ATR aircraft. Our fundamental goal is to
improve regional air mobility in Japan by connecting local
destinations that currently do not have air service, thereby
creating stronger links between regional businesses and people,
generating new markets, and enriching local economies. ATR
aircraft play an essential part in our business strategy because
they are the ideal size for such regional operations and
demonstrate exceptional operational efficiency.
There are currently 15 ATR aircraft flying across
Japan with three operators. Two more operators will start
operations as well in the coming months. In total, ATR sees a
potential for 100 ATR aircraft operating in Japan in the medium
term.
Stefano Bortoli, ATR Chief Executive Officer,
said, Air transport is crucial for Japans islands and regions,
and the establishment of Feel Air will help connect Japans
regions affordably and sustainably. At ATR, we want to help ensure
that aviation and Feel Air in particular can contribute to a
prosperous future for Japan. Together, we will explore many
opportunities for our versatile and sustainable turboprops in the
coming years, to further support Japans economic development and
its need for quick, reliable and responsible essential services.
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