Regional aircraft manufacturer ATR did not meet its target of 40 aircraft delivered, but it performed positively in 2023, as the company revealed on Wednesday.
Last year, 36 aircraft were delivered, an increase of 44% compared to 2022, when only 25 aircraft were delivered.
According to the Franco-Italian company, the milestone was achieved amid “lingering supply chain disruptions, with raw material and component shortages slowing down the manufacturer’s ambition to ramp up”.
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In 2023, ATR closed sales agreements for another 40 ATR 42 and ATR 72, an increase of 53% compared to 2022.
Its aircraft were also introduced by 11 new customers, including pre-owned units.
160 new routes opened in 2023
ATR also celebrated the opening of 160 new routes with its turboprops, compared to 150 that had been opened the previous year.
The company’s revenue reached almost US$1.2 billion, a third of the value obtained from providing services.
The company expects more demand in the coming years from markets such as South and Southeast Asia (India, Philippines and Indonesia) and Brazil.
Nathalie Tarnaud Laude, ATR’s CEO, did not make a delivery forecast for 2024, but predicts levels similar to those in 2023.
“2024 will be a year of stabilization, paving the way for future growth, and we have already delivered two aircraft since the beginning of the year, which sets a promising pace for ATR,” she said.