Company:Aero International (Regional)

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Short description: Multinational aviation consortium

Aero International (Regional) or AI(R) was a short-lived multi-national consortium intended to merge the businesses of the French-Italian Avions de Transport Regional (ATR) and British Aerospace Regional Aircraft (BAe) (which comprised Avro International Aerospace and Jetstream Aircraft).[1][2][3]

AI(R) was launched in 1996 to perform marketing, sales, support and aircraft development of the partners' transport aircraft and to oversee future programs.[4]

In its first year of operation, AI(R) earned USD1.3b on sales of 38 turboprops and 21 regional jets.[5]

AI(R)'s product range included the British Aerospace Jetstream 31 and 41, but BAe announced it would cease production in May 1997.[6] The proposed Jetstream 61, an improved British Aerospace ATP, was cancelled because it overlapped with the already established ATR 72.

AI(R)'s AIRJET project studied a new 70-seat regional jet for two years developed from the ATR-42,[7] before deciding not to proceed in December 1997, after BAe decided it would not make a major investment in the project.[8][9]

In 1997 another plan to build a 100-seat jet with Asian partner companies was transferred to Airbus Industrie.[10]

The organization disbanded in July 1998, with ATR and British Aerospace regaining full independence.[11][12][13]

References

  1. Aero International (Regional), https://www.aviastar.org/manufacturers/0046.html 
  2. International Directory of Company Histories, 24, St James Press, p. 88 
  3. Domenico Ferreri (2003), "Characteristics of the Civil Aeronautical Industry", Marketing and management in the high-technology sector, Greenwood Publishing Group, p. 139, ISBN 978-1-56700-524-0 
  4. Ross Tieman, Industrial Correspondent (1995-06-07), "BAe joins regional aircraft venture.", Times [London, England] 
  5. Charles Goldsmith (1997-02-06), "AIR Says Revenue Totaled $1.3 Billion in Initial Year", The Wall Street Journal, https://www.wsj.com/articles/SB855183768998422000 
  6. "British Aerospace Jetstream 41". https://www.baesystems.com/en/heritage/british-aerospace-jetstream-41. 
  7. Richard Payne (2004). Stuck on the ground: Unbuilt British Commercial Aircraft Since 1945. Tempus. p. 178. ISBN 978-0-7524-3172-7. 
  8. Charles Goldsmith (1997-12-11), "European Consortium Decides Not to Build Regional Jetliner", The Wall Street Journal, https://www.wsj.com/articles/SB881788161558710500 
  9. Template:Cite SSRN
  10. "AIR plane still on course", The Independent, March 1998, https://www.independent.co.uk/news/business/air-plane-still-on-course-1147534.html 
  11. Avro RJ85 / BAe 146, https://www.globalsecurity.org/military/world/europe/bae-146.htm 
  12. "Split-up of the Aero International (Regional) consortium appears inevitable". Informa PLC. https://aviationweek.com/split-aero-international-regional-consortium-appears-inevitable. 
  13. J Paul Hodgson (31 March 2021). Britain's Glorious Aircraft Industry: 100 Years of Success, Setback and Change. Air World. ISBN 978-1-5267-7467-5.