Regional aircraft manufacturer, ATR has released its “2024 full-year results, with a growth trajectory driven by successful partnerships with existing and new customers.” According to the aircraft manufacturer, “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.”
The report states that “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, ATR reports that 2024 “witnessed the initial phase of the -600 series renewal.”
Deliveries were reported to be in line with the level of 2023, as ATR reports “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 says it “delivered $1.2bn in revenues and confirmed a book-to-bill well above” and also says it “recorded almost 100 transactions on the second-hand market, demonstrating the robust demand for ATR’s cost-effective and low-emission turboprops.”
The aircraft manufacturer also reported that “Customer support and services rose by 15%, at $480m, building on a record level from 2023.”
Nathalie Tarnaud Laude, Chief Executive Officer of ATR said: “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. We maintained delivery rates, in tough conditions, while welcoming 16 new operators, selling 56 aircraft, offering value-added services and streamlining operations to enhance the competitiveness of our products and the profitability of our customers. This continues to give ATR solid foundations for the future, and shows that the regional market is eager to buy highly-efficient aircraft with the right economics, the right capacity, and the right performance.”