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ATR reports growth in orders after a ‘challenging’ year

ATR has announced its 2024 full-year results, with a growth trajectory driven by successful partnerships with existing and new customers.  

Orders of 56 aircraft represent a 40% rise from 2023, with a mix of renewed commitments from existing operators and new customers, both airlines and lessors, exemplifying strong market demand for ATR aircraft. 51 ATR 72 and 5 ATR 42 aircraft were ordered, which brings the backlog to over 150. In 2024, Asian carriers showed significant engagement, while ATR saw new interest from Canadian operators. Additionally, the year witnessed the initial phase of the -600 series renewal. 

READ: ATR axes STOL variant project

Deliveries were in line with the level of 2023, with 35 aircraft delivered, plus one ready to deliver, meeting the guidance provided at the beginning of the year. Looking ahead, ATR expects 2025 to be another year of stabilisation, as tensions in the supply chain will remain at least during the first half of the year.

ATR delivered $1.2bn in revenues and confirmed a book-to-bill well above 1. The manufacturer also recorded almost 100 transactions on the second-hand market, demonstrating the robust demand for ATR’s cost-effective and low-emission turboprops. Customer support and services rose by 15%, at $480m, building on a record level from 2023.

“We worked through a challenging year in 2024 and I want to thank everyone, from our customers to my colleagues, who contributed to these results,” said Nathalie Tarnaud Laude, Chief Executive Officer of ATR. “In 2024 we doubled down on our core proposition of efficient, affordable connections. Our results show how relevant our aircraft are to our operators, and to people across the world who want to connect, sustainably.”

A new order from Binter for four aircraft was also announced at the event.

Slide from ATR results presentation

 

The post ATR reports growth in orders after a ‘challenging’ year appeared first on Aviation Business News.

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