Last update: 18 June 2007 Send to a friend PrintPrint
 

Berjaya Air Orders 4 new ATR 72-500s

Toulouse, 18 June 2007

Malaysian-based Berjaya Air (an indirect subsidiary of Berjaya Corporation) signed a US $74 million agreement with ATR for 4 new ATR 72-500 aircraft. The deal was announced today at the Paris Air Show by Tan Sri Dato’ Seri Vincent Tan, Berjaya Corporation Chairman and CEO and Stéphane Mayer, who on 1st June succeeded Filippo Bagnato as ATR CEO.

With this order Berjaya Corporation becomes a new ATR customer. These 4 new ATR 72-500s will be delivered in 2009 and 2010 in a 72-seat configuration and equipped with the new “Elegance Cabin” and with the newest technological innovations in the field of communications and navigation aid tools.

The new ATR 72-500 aircraft will replace Berjaya Air’s existing fleet of 48-seater Dash 7 aircraft and would subsequently help to improve Berjaya Air’s financial performance in terms of lower maintenance cost and increase in seating capacity. In addition, the new aircraft will allow Berjaya Air to expand its reach to other parts of the Asean region.

Commenting on the order of the new ATR 72-500 aircraft, Chairman and CEO of Berjaya Corporation, Tan Sri Dato’ Seri Vincent Tan said: “These new aircraft will enable Berjaya Air to offer faster and quieter flights to its tourist destinations of Redang Island, Koh Samui and later on to Tioman Island, as well as to increase its passenger capacity and number of flights. It will also enable Berjaya Air to operate more economically and therefore lower its air fares.”

Stéphane Mayer and Filippo Bagnato, stated: “We warmly thank Berjaya Corporation for the confidence it has shown to ATR with this first order for ATR aircraft. With the introduction of the latest generation of ATR aircraft in their fleet, the airline can achieve the highest standards of services and performance with unbeatable economics and comfort. Furthermore, the aircraft is environment friendly, which is an important consideration for airlines today”.

ATR is moreover seeking to build a long-term strategic partnership with Malaysia, given its high quality airline industry and significant potential for growth in the regional market. ATR sees a requirement for up to 100 ATR42/72-500 in the BIMP-EAGA markets (Malaysia, Indonesia, Brunei and the Philippines) to mostly serve the rural areas and tourist destinations.
Since the beginning of the year, ATR has received orders for 53 new aircraft, some of them not yet unveiled. Since the beginning of the programme, ATR has sold 890 aircraft (416 ATR 42s and 474 ATR 72s) and has delivered 727 (393 ATR 42s and 334 ATR 72s), thus posting a current backlog of 163 aircraft.

The –500 series: New Generation aircraft

With its ATR 42-500 and ATR 72-500, ATR supplies state-of-the-art aircraft with jet-like comfort. The advanced six-blade propeller provides remarkably low noise levels. Low fuel burn and gaseous emissions contribute to make the ATR environment friendly. All ATR models are compliant with noise regulations and have a large margin with regard to Chapter IV (ICAO) noise regulations, effective 1st January 2006.

About Berjaya Corporation

Berjaya Corporation is a public listed company at the Kuala Lumpur stock exchange with interests in real estate, mega malls and retail, urban transportation, insurance, besides tourist resorts and it's airline.

About ATR

Toulouse, Southern France-based regional aircraft manufacturer ATR is the world leader in the 50 to 74-seat turboprop market. In 2006, ATR posted a turnover of US $ 700 million, an increase of 30% compared to 2005. ATR is an equal partnership between Alenia Aeronautica (Finmeccanica group) and EADS. ATR is certified ANSI/ISO/ASQ Q 9001:2000 and EN/AS/JISQ 9100, the worldwide quality standard in the field of aeronautics.

Press Contact ATR

Frédéric Lahache Tel.: 33 5 62 21 60 61
Fax: 33 5 62 21 68 00
www.atr.fr
mailto: frederic.lahache@atr.fr
EADS JOB-NAVIGATOR

Stock Quotes

DD/MM/YY --:----
Volume--  shares

THE LATEST PRESS RELEASES

02  December  2008

Airbus Corporate Foundation Takes Off

27  November  2008

Accident Near Perpignan, France

25  November  2008

EADS Defence & Security extends it portfolio with new TETRA handheld radio (THR9)

25  November  2008

EADS Defence & Security brings new TETRA mobile radio device onto the market

Flash Banner
9-month 2008 Earnings