Planes To Be Used In National Airline
This week, regional
aircraft manufacturer ATR and the Government of Ecuatorial Guinea
signed a deal for three new ATR turboprops, one ATR 42-500 (file
photo of type, right) and two ATR 72-500s. Valued at $50 million,
the agreement is the first contract signed between ATR and the
Government of Ecuatorial Guinea, and increases the number of
African ATR operators to 21.
The deal was signed at ATR Headquarters in the presence of the
President of Ecuatorial Guinea, His Excellence Teodoro Obiang
Nguema Mbasogo, and the Minister of Finances and Budget, Marcelino
The three new aircraft are slated to be delivered over the next
three years to Ecuato Guineana de Aviacion (EGA), the country's
national airline. According to media sources, the airline currently
flies but one plane -- an Antonov An-24RV turboprop -- though it
also reportedly has an Embraer 145 in storage.
"We are convinced that ATR represents the best choice to achieve
our goal of renewal and expansion of our national airline," said
President Mbasogo at the signing. "This deal will contribute to
make our national airlines one of the most modern and active in
ATR CEO Filippo Bagnato said, "This new contract will allow us
to consolidate the presence of ATR in Africa and represents also a
new step forward of our policy of cooperation with that continent.
We are delighted that with this new deal, ATR becomes an important
part of the renewal of the fleet and the services of the national
airline in Equatorial Guinea".
"2006 is confirming the recovery of the turboprop market and the
success of ATR aircraft," added Bagnato. "Since first of January
2005, we received orders for 136 new aircraft, some of which have
not yet been announced."
To date, ATR has sold 806 aircraft -- 399 ATR 42s and 407 larger
ATR 72s (file photo of type, above). ATR aircraft operate in 17