ATR 42/72 turboprop sales suffered last year from a combination of adverse market forces that put the airframer in a position its executives might have assumed was a thing of the past—competing against jets. During the “jetmania” market shift of the 1990s and early 2000s, a new generation of 40-to-70-seat jets appealed to regional carriers. The aircraft were promoted as a way for the regionals to shed their image of being slow and outdated. Turboprop sales predictably ...

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