The ATR 72 is the larger of the two aircraft in the ATR family and the dominant turboprop in commercial service today. Produced by a joint venture between Airbus and Leonardo, the aircraft entered service with Finnair in 1989 and has since been sold in more than 1,200 airframes worldwide. The ATR 72 seats 68 to 78 passengers and is used almost entirely on short regional routes where a jet would be uneconomical. The aircraft is a common sight in Europe, South Asia, and island regions like the Caribbean, Indonesia, and the Pacific. Turboprops offer significantly lower operating costs than jets on routes under 400 miles, and the ATR 72 has effectively no competition in that market segment since Bombardier stopped producing the Q400. Major operators include Wings Air, TAP Express, and a long list of regional carriers worldwide.