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Record Orders for ATR

Travel News Asia Latest Travel News Podcasts Videos Friday, 30 September 2011

The European regional turboprop manufacturer ATR, has recorded 145 firm aircraft orders and an additional 72 options since the beginning of the year.

The value of these orders is estimated at 3.2 billion dollars (4.8 billion including the options). The figures already represent a new annual record for the European manufacturer of regional turboprop aircraft (previous record; 2007: 113 firm orders and 26 options).

These 145 firm orders represent around 80% of all regional aircraft sales (from 50 to 90-seats) since the beginning of the year. ATR has registered 34% of these orders with six new customers.

At the same time, these 145 airplanes have enabled ATR to reach a new record for its order book, which has grown to 275 aircraft and is valued at 6.2 billion dollars. This backlog represents nearly 4 years of production. It also represents 68% of the total backlog of 50 to 90-seat regional aircraft, thereby confirming the renewed interest in turboprop technology.

Chief Executive Officer of ATR, Filippo Bagnato, said, “This sales record, and the year is not yet over, once again underlines the relevance of our product to meet the requirements of regional transport, which continues to expand worldwide. In terms of savings, ecology, performance and comfort, ATR aircraft, and the newest -600 series in particular, have become the benchmark for regional airlines worldwide. ATR aircraft enable regional airlines to come out ahead thanks to their low operating costs. We are delighted that turboprop technology appeals to airlines once again and that our product development is appreciated by both airlines and passengers.”

 “2011 therefore confirms the increasing interest of aircraft lessors in our planes. Leasing companies represent almost a quarter of annual sales. Our products offer a competitive advantage in terms of profitability, investment and sustained residual value. These are first-line arguments among these customers,” Mr. Bagnato added.

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