ATR Lands another Big Sale

 - October 30, 2006, 11:25 AM

Pakistan International Airlines (PIA) placed a firm order for seven new 48-seat ATR 42-500s during a November 2 signing ceremony in Karachi. PIA plans to replace its aging Fokker F27s with the Franco-Italian turboprops starting in May. ATR estimates the value of the contract at $100 million.

The launch customer for Boeing’s new 777-200LR, PIA flies a total of 39 airplanes, including the seven F27s and a pair of 19-seat Twin Otters. With this latest deal, ATR has sold 60 new airplanes this year, its best showing in more than a decade.