Remember the days not too long ago, when any aspiring young computer whiz with a domain name and a smile could convince a venture capitalist to invest six or seven figures in his or her product-less Internet concept?
Customers from the Asia/Pacific region played a big part in the banner year European airframer Avions de Transport Regional posted in 2005. They accounted for just over two thirds of the 90 firm orders and 26 options that ATR received for its 48-seat 42-500 and 68-seat 72-500 twin turboprop regional airliners–in what was the company’s best year for sales since 1989, when it logged 107 sales.
ATR sent a pair of ATR 42-500s to Sri Lanka last month to deliver five tons of medicine, milk and clothing to tsunami victims. The two airplanes flew to the capital city of Colombo to unload their humanitarian freight before heading to Bangalore, India, from where Air Deccan now flies the regional turboprops in scheduled airline service.
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