ATR has announced its 2024 full-year results, highlighting significant growth © ATR

ATR reports strong 2024 performance with increased orders

ATR, the regional aircraft manufacturer, has announced its 2024 full-year results, highlighting significant growth driven by strong demand and new customer acquisitions. The company secured 56 aircraft orders, marking a 40% increase from 2023, with a mix of commitments from existing operators and new buyers, including airlines and lessors. This brings ATR's backlog to over 150 aircraft, reinforcing its position as a preferred choice for regional connectivity.

Of the new orders, 51 were for the ATR 72 and five for the ATR 42, with Asian carriers demonstrating strong interest and Canadian operators joining ATR's customer base. The year also saw the first phase of the -600 series renewal, reflecting ongoing confidence in ATR's latest-generation aircraft. Deliveries remained steady at 35 aircraft, plus one ready for handover, aligning with the company's projections. Looking ahead, ATR expects 2025 to be a year of stabilisation, with supply chain challenges persisting into the first half of the year.

Financially, ATR achieved US$1.2 billion in revenue and maintained a book-to-bill ratio well above 1. Additionally, nearly 100 second-hand aircraft transactions were recorded, showcasing the strong demand for ATR's cost-efficient and low-emission turboprops. Customer support and services revenue grew by 15% to US$480 million, demonstrating the increasing value of ATR's aftermarket solutions.

CEO Nathalie Tarnaud Laude emphasised the company's focus on efficient, affordable, and sustainable regional connectivity, stating that ATR delivered on its promises despite challenging conditions. With 16 new operators added in 2024, robust sales, and an expanded services portfolio, ATR is well-positioned for future growth, cementing its role as a key player in regional aviation.

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