Tag: atr (Page 5 of 6)

ATR Congratulates Silver Airways on 1st New ATR 42-600 Flight

April 24, 2019 / WIL BALDWIN

Toulouse, 23 April 2019 – Silver Airways yesterday launched its regularly scheduled flights aboard its new ATR -600 series aircraft. The first flight departed Fort Lauderdale-Hollywood International Airport at 10:40 a.m. and arrived at Key West International Airport at 11:55 am (EST).

Silver Airways, America’s leading independent regional airline, is reinventing the regional flying sector by being the first U.S. carrier to operate the technologically advanced, customer friendly ATR -600 series aircraft. Silver Airways has taken delivery of three new ATR 42-600 aircraft from NAC. The aircraft is specifically designed for short-haul markets, but with the same look, feel and customer amenities of larger jetliners. Yesterday marked the first time revenue passengers have flown on an ATR 42-600 operated by a U.S carrier.

The new aircraft are allowing Silver to expand its service in the South Eastern United States, the Bahamas and the Caribbean. By initially introducing the mission-specific ATR 42-600 aircraft, with seating for 46, Silver now has the unique ability to offer quicker direct flights to even more short and medium-haul leisure and business destinations in both domestic and nearby international markets.

“This is truly a great day for Silver Airways, ATR, Nordic Aviation Capital and our customers that would not have been possible without the hundreds of dedicated men and women of Silver Airways and Seaborne Airlines who have worked tirelessly over the past year to arrive at this historic moment,” said Silver Airways and Seaborne Airlines CEO Steve Rossum. “The new ATR 42-600 series aircraft will be transformational for Silver Airways and is ideal for our short-haul domestic and nearby international operations. The state-of-the art aircraft allows for a safe, highly reliable and efficient fleet operation and a superior overall experience for our guests.”

“We are proud to see the ATR -600 aircraft take flight in the U.S. and to introduce the most modern standards of passenger experience and regional aircraft with our valued partner Silver Airways,” said ATR Chief Executive Officer Stefano Bortoli. “We are grateful to our friends at Silver for being our U.S. launch customer; leading what we expect to be a new wave of eco-responsible and passenger-friendly regional travel and the return of the ATRs in the U.S.”

“Nordic Aviation Capital is proud of its relationship with Silver Airways, and we are particularly pleased to be part of their great success story,” said Martin Moller, Chairman of Nordic Aviation Capital. “The introduction of the ATR -600 series represents an essential milestone for them. We are congratulating Silver Airways on their service expansion and look forward to continuing our outstanding relationship with them for many years to come.”

Silver Airways has taken delivery of three of up to 50 new ATR 42-600 series aircraft, including an initial order for 20 ATR -600 aircraft split among the 46-seat ATR 42s and the 70-seat ATR 72s. As the world’s leading regional flying aircraft, the new ATRs will provide Silver’s passengers unparalleled experience and reliability and pilots the industry’s most advanced cockpit.

Silver intends to take delivery and begin operating five more ATR 42-600s in 2019, and subject to regulatory approval, the airline is planning to take delivery of at least three ATR 72-600s this year. All of the initial 20 aircraft are expected to be in service by 2020.

About Silver Airways
Silver Airways operates the most routes within Florida and between Florida and the Bahamas from its hubs in Fort Lauderdale, Orlando and Tampa, and also flies between Boston and Bar Harbor, Maine. Silver is the official airline of the Minor League Baseball team Daytona Tortugas and the Pensacola Blue Wahoos. In addition, Silver owns and cooperatively operates Seaborne Airlines with flights in Puerto Rico, the Virgin Islands and the Caribbean. Silver is a codeshare partner with United, JetBlue and Avianca, and has interline agreements with American, Delta, Air Canada, Alaska Airlines, All Nippon Airways, Bahamasair, Hahn Air, Azul and Emirates. Members of United’s MileagePlus® and JetBlue’s TrueBlue loyalty programs can also earn frequent flyer awards for travel throughout Silver’s network. Silver operates a fleet of highly-reliable Saab 340 aircraft and is also currently renewing and expanding its fleet with up to 50 new eco-friendly ATR -600s. Silver is honored to be the North American launch customer for the all new ATR -600 offering best-in-class quiet cabins, premium leather seats with more legroom, and spacious overhead bins that accommodate full-size, carry-on roller bags. Silver is owned by affiliates of Philadelphia-based investment firm Versa Capital Management, LLC. To learn more about Silver’s refined passenger experience, visit www.silverairways.com/destinations/atr42.

About ATR:

European turboprop manufacturer ATR is the world leader in the regional aviation market. ATR designs, manufactures and delivers aircraft, with its fleet encompassing some 200 airlines in nearly 100 countries. The ATR 42 and the ATR 72 are the best-selling aircraft in the below 90-seat category. With continuous improvement as a driving force, ATR produces cutting edge, comfortable and versatile turboprops that help airlines expand their horizons by creating more than 100 new routes every year. Compared with other turboprops, ATRs offer an advantage of 40% on fuel burn, 20% on trip cost and 10% on seat cost, whilst offering the lowest noise emissions. ATR is an equal partnership between leading aerospace firms Airbus and Leonardo and benefits from a large global customer support network allowing it to deliver innovative services and solutions to its clients and operators all over the world. For more information, please visit http://www.atr-aircraft.com. Follow us on Twitter – #ATRLeads

Optimal Start To Operations For Manta Air

April 18, 2019 / WIL BALDWIN

Toulouse, 18 April, 2019 – Manta Air, the new domestic carrier of the Republic of Maldives, has signed a Global Maintenance Agreement (GMA) with ATR, the world leader in the regional aviation market. This five-year contract covers the Maldivian airline’s full fleet for the repair and overhaul of easily replaceable components (Line Replaceable Units), propeller maintenance and an on-site leased stock of spare parts.

This long-term agreement also includes on-site technical support, through which a dedicated Customer Support representative assists Manta Air in their daily operations. The airline is benefitting from tailored recommendations to make an optimal start to operations, based on its very specific needs, and ATR’s expertise to enhance aircraft reliability.

“Manta Air’s aim is to raise the standards of the domestic aviation industry by providing the best flying experience for our passengers, and increased connectivity in the Maldives. As a tailor-made maintenance package, the ATR GMA responds specifically to our needs, and ATR’s expertise will ensure our brand new ATR 72-600s fly as much as possible. Our passengers depend on a reliable service and ATR’s GMA is a valuable tool to help us deliver this.” declared Edward Alsford, Chief Operation Officer of Manta Air.

Tom Anderson, Senior Vice-President Programs and Customer Services of ATR added: “Through this partnership, Manta Air’s is benefitting from our support and expertise from the very first stages of operations, enabling them to get the most value possible from their latest generation ATR aircraft. In an increasingly competitive market, initial parts provisioning, anticipation of spares requirements, parts reliability, repair management, maintenance costs optimisation and stock management are some of our operators’ crucial challenges.”

The first two ATR 72-600s of Manta Air, secured through Nordic Aviation Capital, have been delivered in late 2018, and a third aircraft has been delivered in early March 2019. With their dual-class configuration of 64 seats, Manta Air’s ATR 72-600s will help improve connectivity for the hospitality industry in the beautiful Maldivian atolls. They will be mainly operated on short sectors where ATR aircraft have already proven their operational and economic efficiency.

About Manta Air:
Manta Air was founded in 2016 and is a joint venture between Deep Blue Private Limited, a local company with multiple investments in the tourism sector and Mr. Umar Mohamed Maniku. The company was created to cater for the need for more air domestic transport options and to support the rapid development of domestic airports and the fast-paced expansion of resorts and guesthouses across the country.

About ATR:

Air Vanuatu Selects Airbus A220 for Fleet Expansion

February 26, 2019 / WIL BALDWIN

Melbourne, 26th February 2019 – Air Vanuatu, the national flag carrier of the Pacific island nation of Vanuatu, has signed a firm order with Airbus for four A220s (two A220-100s and two A220-300s). Air Vanuatu’s first ever order with Airbus makes it the launch customer of the A220 in the Pacific region.

Based at Bauerfield International Airport in the capital Port Vila, Air Vanuatu operates to 26 domestic airports and internationally to Australia, New Zealand, Fiji and New Caledonia. It began services in 1987, and has played a vital role in establishing Vanuatu as a tourist and investment destination. Currently the airline operates a Boeing 737 and ATR 72 fleet.

Air Vanuatu Chief Executive Officer Derek Nice said: “We are proud to be the launch airline in the South Pacific of the best-in-class Airbus A220. These aircraft will be deployed to operate on our current domestic and international routes, including our newly announced non-stop Melbourne-Vanuatu service, and will bolster plans to expand our network in the South Pacific.”

“By ordering the A220 Air Vanuatu is making a significant investment in advanced technology and superior passenger comfort, while demonstrating its respect for fuel efficiency and the environment. Air Vanuatu’s decision to place the Airbus A220 at the centre of its expansion plans will surely keep it one step ahead of the competition,” said Christian Scherer, Airbus Chief Commercial Officer.

Passengers on board the A220 will experience superior cabin comfort, the widest seats and the largest windows in its market segment. The A220’s performance and range capabilities will enable Air Vanuatu to streamline its current operations and launch a growth plan that is a key pillar of Vanuatu’s economic development goals.

The A220 delivers unbeatable fuel efficiency. It brings together state-of-the-art aerodynamics, advanced materials and Pratt & Whitney’s latest-generation PW1500G geared turbofan engines to offer at least 20 percent lower fuel burn per seat compared to previous generation aircraft.

With an order book of over 530 aircraft to date, the A220 has all the credentials to win the lion’s share of the 100- to 150-seat aircraft market, estimated to represent at least 7,000 aircraft over the next 20 years.

About Airbus

Airbus is a global leader in aeronautics, space and related services. In 2018 it generated revenues of €64 billion restated for IFRS 15 and employed a workforce of around 134,000. Airbus offers the most comprehensive range of passenger airliners. Airbus is also a European leader providing tanker, combat, transport and mission aircraft, as well as one of the world’s leading space companies. In helicopters, Airbus provides the most efficient civil and military rotorcraft solutions worldwide.

Story and images from http://www.airbus.com

ATR Performs On Target

January 31, 2019 / WIL BALDWIN

Delivered 76 aircraft, maintaining ATR’s leadership in turbo prop market
Turnover at US$ 1.8 billion
Achieved book to bill above 1 over 24 month period
Outlook for 2019 shows continuous momentum for ATR

Toulouse, January 31, 2019 – ATR, the Franco-Italian turboprop manufacturer, maintained its leadership on the market in 2018, showing a solid performance. It delivered 76 aircraft, booked 52 firm orders and stabilised its annual turnover at US$ 1.8 billion. With a total of 165 orders and 154 deliveries between 2017 and 2018, ATR achieved a book to bill ratio above 1.

Out of the 52 firm orders, 20 are for ATR 42-600s. In a difficult environment, ATR succeeded in reallocating the aircraft it was unable to deliver to Iran Air. With around 62% of the turboprop orders for the year, the modern ATR -600s continues to be the preferred choice of regional airlines. The 2018 results provide ATR with a solid backlog representing almost three years of production.

In 2018, ATR has sold aircraft in every region of the world, and welcomed three new operators into the ATR family (Silver in the US, Ewa Air in Mayotte in the Indian Ocean and HAC in Japan). ATR also signed the first contracts for aircraft equipped with its new ClearVision™ system. As the ideal route opener, ATR aircraft created 113 new routes in 2018, serving 1,346 airports worldwide (56 more than in 2017).

The market-leading turboprop manufacturer also surpassed three impressive delivery milestones in 2018. ATR delivered its 1,000th ATR 72, its 500th -600 series aircraft, only seven years after the launch of the programme, and its 1,500th ATR aircraft. In 2018, ATR has substantially increased its Customer Support activities. While installing a new training simulator in Toulouse, and introducing a brand new 24/7 Customer Service Center, ATR gained 15% more customers for its tailor-made pay-by-the-hour maintenance programme, the Global Maintenance Agreement (GMA).

Underpinning ATR’s success has been its policy of continuous improvement, which saw in 2018 the introduction of several innovations, including new Neo-Classic and Neo-Prestige passenger seats, which became standard on all new ATRs, and the optional standalone wireless In-Flight Entertainment system Cabinstream™.

The outlook for 2019 and beyond shows a bright future for ATR, as the global turboprop market will require over 3,000 new aircraft before the end of 2037. ATR aircraft will continue to help smaller, local economies expand their horizons while ensuring mature markets continue to thrive, thanks to its unbeatable economics, environmental performance and operational flexibility.

ABOUT ATR:

Story from http://www.atraircraft.com

Cebu Pacific To Receive 12 Brand New Aircraft in 2019

January 31, 2019 / WIL BALDWIN

The Philippines’ leading airline, Cebu Pacific (PSE: CEB), is set to receive 12 brand new aircraft in 2019, to support the carrier’s expansion plans this year. The aircraft deliveries include six Airbus A321neo; five A320neo; and an ATR 72-600.

The A321neo boasts of 236 seats, 56 seats or 31% more capacity versus the A320. This will enable CEB to offer more seats and maximize airport slots. The aircraft is capable of operating routes in excess of 5,000 kilometers or fly up to seven hours, allowing the carrier to explore new destinations like India, Russia, northern Japan and other cities in Australia.

“2019 is the year we accelerate growth. On average, we will be receiving one brand-new aircraft per month which we can use to increase capacity in key markets or even launch new routes. For 2019, we expect capacity to grow from low to mid-teens,” said Lance Gokongwei, President and CEO of Cebu Pacific.

The CEB fleet is currently comprised of an Airbus A321neo, 36 Airbus A320, seven (7) Airbus A321ceo, eight (8) Airbus A330, eight (8) ATR 72-500, and 12 ATR 72-600 aircraft.

CEB boasts of one of the youngest fleets in the world, with an average fleet age of five (5) years.

“Cebu Pacific is expanding rapidly and plays an important part in the transformation of the Philippines’ aviation sector and has played a key role in supporting tourism, trade and business links between the Philippines, the Asia-Pacific and the Middle East,” said Jean Francois Laval, Executive Vice President for Sales in Asia of Airbus.

CEB is aiming to fly 200 million passengers by 2020, as it expands its route network and upgrades its fleet to bigger and more fuel-efficient aircraft. The carrier hit the milestone of 150 million passengers flown since inception in late 2017.

CEB and subsidiary Cebgo fly to 36 domestic and 26 international destinations, with over 107 routes spanning Asia, Australia, the Middle East, and USA.

From L-R: Manuel Antonio Tamayo, DOTr Undersecretary for Aviation; Lance Gokongwei, President and CEO of Cebu Pacific; Jean Francois Laval, Airbus Executive Vice President for Sales in Asia; His Excellency Nicholas Galey of the Embassy of France to the Philippines and Micronesia.

Story and image from http://www.cebupacificair.com/en-us

ATR and Aurigny Confirm Order for 3 ATR 72-600’s

January 10, 2019 / WIL BALDWIN

Guernsey-based airline will be launch customer for ClearVision™

Toulouse, 8 January 2019 – ATR and Aurigny today confirm the acquisition of three ATR 72-600 aircraft, following approval from the States of Guernsey and after the initial signature of a Letter of Intention at the Farnborough Airshow, in July 2018. The first aircraft will be delivered in August 2019 and all three will be equipped with the new ClearVision™ Enhanced Vision System (EVS), with Aurigny the launch customer for this cutting-edge technology.

ClearVision™ uses an external camera to display an augmented outside-view in real-time to a head-mounted visor, worn by the pilot with the EVS improving significantly the pilot’s vision. This is a major change for Aurigny’s crew as Guernsey’s location in the English Channel, see its flight operations regularly affected by fog, leading to disruptions for passengers. A study showed that an ATR equipped with the ClearVision™ EVS could have saved 50% of the disrupted landings in Guernsey, over the period of a year. ClearVision™ will also enhance operations into other destinations served by Aurigny.

ClearVision™ is an option on ATR’s latest avionics suite, Standard 3, which delivers important operational improvements and a first in commercial aviation. In addition to the EVS selected by Aurigny, ClearVision™ also offers a Synthetic Vision System (SVS) that provides the pilot’s Head-Up Display with digital images of terrain and obstacles, from an extensive database. Operators can also opt for a Combined Vision System (CVS), combining the EVS and SVS, and offering pilots the best possible vision and situational awareness.

Mark Darby CEO of Aurigny said: “The opportunity to modernise our fleet, allowing us to offer our customers the very latest standards of comfort whilst introducing technology that will minimise disruption to their travel, makes perfect sense. Aurigny plays a key role in assuring vital connectivity between Guernsey and the UK and Europe. These new aircraft are going to make a significant difference both to our flight operations and to the people of Guernsey.”

Stefano Bortoli CEO of ATR said: “ATR’s aim is always to develop solutions that will have genuine impact for our operators and also on the travel experience of their passengers. Aurigny’s new ATRs, equipped with ClearVision™ will reduce delays and cancellations for its passengers. To have Aurigny as the launch customer for this technology is the perfect seal of approval for its effectiveness. We are proud that our latest-generation ATRs equipped with this cutting-edge solution will provide improved connectivity for the people of Guernsey.”

Regional connectivity supports local economies, with a 10% increase in flights generating a 5% rise in tourism, an increase of 6% in local GDP and 8% more Foreign Direct Investment. With a fuel burn advantage of 80% compared to regional jets, ATR -600 series aircraft represent the most efficient way of supplying these essential links.

About Aurigny:
As Guernsey’s airline, Aurigny is proud to offer a wide range of services and lifeline links to the Bailiwick and its visitors. Established 50 years ago, Aurigny have had the privilege of serving more than 16 million customers over this time, and currently operate more than 15,000 flights a year, to 14 destinations. Aurigny is owned by the States of Guernsey and their network includes services to Guernsey, Alderney, and destinations across the UK and in Europe.

ABOUT ATR:

Story and image from http://www.atraircraft.com

Iran Airlines Need 500 Airplanes

December 13, 2018 / WIL BALDWIN

DUBAI (Reuters) – Iran needs some 500 planes and would likely back buying the Sukhoi Superjet 100 if Russia is willing to sell them to its airlines, Iranian news agencies reported the country’s top civil aviation official as saying on Wednesday.

Iran needs to upgrade its ageing passenger fleet and is seeking to avert U.S. sanctions on Tehran.

The U.S. Treasury has revoked licences for Boeing Co (BA.N) and Airbus (AIR.PA) to sell passenger jets to Iran after President Donald Trump pulled the United States out of the 2015 Iran nuclear agreement in May and reimposed sanctions.

Most modern commercial planes have more than 10 percent in U.S. parts, the threshold for needing U.S. Treasury approval.

But Russian officials have been reported as saying Sukhoi is working on reducing the number of U.S. parts in the hopes of winning an Iranian order for up to 100 aircraft.

“If the Iranian airlines want to use this aircraft (Superjet 100 ) and the seller is willing to sell it to Iran, the Civil Aviation Organization is ready to issue its final comment on this aircraft,” the semi-official Fars news agency quoted Ali Abedzadeh, head of the Civil Aviation Organization, as saying.

“But this aircraft has adhered to world standards and is flying currently, therefore there is no reason for us to reject it,” Abedzadeh told Fars.

Flag-carrier IranAir had ordered 200 passenger aircraft – 100 from Airbus, 80 from Boeing and 20 from Franco-Italian turboprop maker ATR (LDOF.MI) before U.S. licences were revoked.

“The airlines have proposals for plane purchases and we are trying to devise regulations that will ease their aircraft imports. Considering Iran’s very large market, we need 500 planes now,” Abedzadeh was quoted as saying by the semi-official Tasnim news agency.

Reporting by Dubai newsroom; Editing by Alexander Smith

Image from http://www.scac.ru/en/

Avianca Seeks To Cut Airbus Order In Half

December 11, 2018 / WIL BALDWIN

BOGOTA (Reuters) – Airline Avianca Holdings SA (AVT_p.CN) will begin negotiations with Airbus (AIR.PA) to reduce the 100 planes it had agreed to purchase in a 2015 deal to as few as 50, the chief executive of the Latin American company said.

Avianca was also seeking a strategic alliance with German airline Lufthansa (LHAG.DE), CEO Hernan Rincon said late on Sunday, part of its bid to expand in Europe.

Avianca representatives will travel to France in the coming days for re-negotiations with Airbus, Rincon said. Avianca had agreed to buy 100 A320neo planes to modernize its fleet.

“Of those 100, we’ll probably receive between 50 and 80 planes,” he said. “We don’t have any doubt that we will keep growing, what has changed is the rhythm of the growth.”

Technological advancement is part of the reason for the airline wanting to reduce its purchases, Rincon added.

“The rhythm of technology is changing, it will take a while to get all of the order and we don’t want to have a commitment to planes with today’s technology which will be received by us in 10 or 15 years,” he said.

A reduction in the original order, which was set to cost $10 billion, will also give Avianca some financial breathing room, Rincon added.

At the end of last month Avianca, United Continental Holdings Inc (UAL.O) and Copa Airlines of Panama said they had finalized a three-way joint venture that will allow them to plan routes and fares together and share revenues on those routes.

United, Avianca and Copa are already codeshare partners and Star Alliance members.

“We’ve started conversations with Lufthansa, but its very embryonic,” said Rincon. “We hope to reach an agreement to benefit our passengers in Europe, which is a relevant and growing market.”

The deal with Lufthansa would be similar to the one just agreed with United and Copa, Rincon added.

Under the United and Copa agreement, United said it would provide a $456 million term loan to cash-strapped Avianca’s top shareholder, Synergy Group Corp. Loss-making Avianca has a roughly $4 billion debt pile, of which 40 percent is due within the next two years, according to recent financial statements.

That deal still has to be approved by regulators.

Avianca will also start operating a regional subsidiary in Colombia in 2019, meant to serve medium and small-sized cities with 12 ATR 42 planes. The planes are already part of Avianca’s fleet, Rincon said.

(Reporting by Luis Jaime Acosta; Writing by Julia Symmes Cobb; Editing by Helen Murphy and Marguerita Choy)

IranAir Looking For Planes Not Needing US Sales Permit

November 5, 2018 / WIL BALDWIN

DUBAI (Reuters) – IranAir is looking to buy planes from any company not requiring U.S. sales permits and may consider Russia’s Sukhoi Superjet 100, the flag carrier’s head was quoted as saying, as Iran tries to renew its ageing fleet despite facing U.S. sanctions.

The U.S. Treasury’s Office of Foreign Assets Control (OFAC)revoked licences for Boeing Co and Airbus to sell passenger jets to Iran after President Donald Trump pulled the United States out of the 2015 Iran nuclear agreement in May and reimposed sanctions.

“We welcome any (company) which is able to provide the planes needed by IranAir. We even have gone after planes such as Sukhoi 100 or planes made by non-European countries,” said IranAir Chief Executive Farzaneh Sharafbafi, quoted by Iran’s Roads Ministry website.

Most modern commercial planes have more than 10 percent in U.S. parts, the threshold for needing U.S. Treasury approval. But Russian officials have been reported as saying Sukhoi is working on reducing the number of U.S. parts in the hopes of winning an Iranian order for up to 100 aircraft.

“We will consider plane purchases if these companies can sell planes to Iran without an OFAC licence, and are willing to negotiate,” Sharafbafi added. She gave no further details.

IranAir had ordered 200 passenger aircraft – 100 from Airbus, 80 from Boeing and 20 from Franco-Italian turboprop maker ATR. All the deals were dependent on U.S. licences because of the heavy use of American parts in commercial planes.

(Reporting by Dubai newsroom, Additional reporting by Tim Hepher in Paris; Editing by Edmund Blair)

Airbus Sales Head Quits After Less Than One Year

September 13, 2018 / WIL BALDWIN

PARIS, Sept 13 (Reuters) – Airbus named its second new sales chief in less than a year on Thursday after chief commercial officer Eric Schulz resigned nine months after being poached from Rolls-Royce to lead the battle for jet sales against Boeing.

The European planemaker said Christian Scherer, head of turboprop maker ATR, an Airbus veteran who had been beaten to the job by Schulz in November last year, would take over the position immediately, reporting to Chief Executive Tom Enders.

Reuters earlier exclusively reported that Schulz was expected to resign. Airbus said his decision had been taken for personal reasons.

The switch comes as Airbus faces a slowdown in sales and delays and reliability problems with engines that have soured relations with several customers and left the Frenchman increasingly frustrated, the people said.

Schulz could not be reached for comment.

The former head of Rolls-Royce civil jet engines was picked for the high-profile post after Airbus bungled efforts to name an internal successor to John Leahy, the U.S.-born sales kingpin who eventually retired earlier this year.

Schulz’s appointment had been designed in part to bring in outside blood as Airbus endured turmoil over the impact of UK and French corruption investigations.

Some saw him as a potential candidate to replace Enders when he steps down next year.

But Schulz’s tenure was plagued by delays in delivering planes, a growing shortfall in orders compared to Boeing and a malaise in the Airbus marketing machine as a result of British and French probes, which have also sparked a blanket internal investigation.

Multiple sources had also reported a power battle between Schulz and Guillaume Faury, president of the planemaking division, who is the leading internal contender to replace Enders.

“I think (Schulz) understood which way the wind was blowing,” a person familiar with the matter said.

Another person close to the company acknowledged those tensions but denied they had triggered Schulz’s decision to leave.

(Reporting by Tim Hepher; Editing by Geert De Clercq)

About ATR:

About ATR:

ABOUT ATR:

ABOUT ATR:

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