India's Fly91 close to ordering at least 20 ATR turboprops, sources say
India's Fly91 close to ordering at least 20 ATR turboprops, sources say NEW DELHI/PARIS, Aug 31 (Reuters) - Indian regional airline Fly91 is close to placing an order for at least 20 turboprop aircraft from Franco-Italian planemaker ATR as it looks to expand its fleet, three sources familiar with the matter said.
The deal would be a significant bet on India's growing regional aviation market, where the government has sought to bring dozens of smaller cities into the air network through a subsidised regional connectivity scheme, but several regional carriers have struggled to build sustainable businesses.
A spokesperson for ATR declined to comment. Fly91 did not immediately respond to a request for comment.
(Reporting by Abhijith Ganapavaram, Tim Hepher; Editing by Kirsten Donovan)
((Email: Abhijith.G@thomsonreuters.com; Mobile: +91-9019785574;))
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