Boeing Shares 2nd Quarter Aircraft Order and Delivery Performance

Boeing in its ‘Second-Quarter Results’ reports 169 737 MAX and 13 Freighters orders placed. The global aircraft manufacturer has also delivered over a hundred commercial planes in the entire duration of 2nd Quarter 2022.

Key highlights were;

  • “We made important progress across key programs in the second quarter and are building momentum in our turnaround,” said Dave Calhoun, Boeing President and Chief Executive Officer.
  • Increased 737 production to 31 per month; working with FAA on final actions to resume 787 deliveries
  • Commercial Airplanes secured orders for 169 737 MAX airplanes and 13 freighters, including seven 777-8 Freighters from Lufthansa Group.
  • Commercial Airplanes delivered 121 airplanes during the quarter and backlog included over 4,200 airplanes valued at $297 billion.

Source: Boeing

Photo Credit: Boeing

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ATR, Global Regional Aircraft Manufacturer, Appoints New Chief Executive Officer

ATR announces that its Board Members, Airbus and Leonardo, have appointed the new Chief Executive Officer, Nathalie Tarnaud Laude, effective from 17 September. Nathalie succeeds Stefano Bortoli, whose four-year mandate expires at the same date, following the terms set by ATR’s bylaws. Stefano will take on a new leadership role at Leonardo that will be announced by the company in the upcoming days.

Nathalie Tarnaud Laude is currently NHIndustries’ President and Senior Vice President Head of the NH90 Programme for Airbus Helicopters. Prior to this, she held various senior positions at Airbus in strategy, programme, technology and finance. She brings strong strategic and leadership skills, as well as programme execution experience, essential to continue developing ATR as a leader in sustainable regional aviation. Nathalie joined Airbus in 2005 and holds a MBA from London Business School.

Nathalie Tarnaud Laude said: “I thank Stefano for his strong leadership in preserving ATR’s market position and financial situation, while at the same time maintaining its highly skilled workforce in the unprecedented times of Covid, and preparing the grounds for the future of ATR. I am honored to join such an exceptional team of passionate and professional individuals, and I look forward to working with all ATR employees, existing and new customers, and our shareholders, to bring the company to the next heights. You can count on all my energy and enthusiasm to continue the ATR extraordinary success story.”

Source: ATR Aircraft Press Release

Photo Credit: ATR Aircraft

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Global Regional Aircraft Manufacturer Secures New Orders and Predicts Strong Future at Farnborough International Airshow

On the occasion of the Farnborough International Airshow, world’s number one regional aircraft manufacturer ATR, has reaffirmed its leadership on the regional aviation market with the signature of new deals and Global Maintenance Agreements, and in the future, with its updated 20-year market forecast.

ATR has secured new orders from Japan’s ORC and Gabon’s Afrijet, respectively selecting the ATR 42-600 and the ATR 72-600 as the lowest CO2 emission and most economical regional aircraft on the market. ATR continues to enlarge its footprint in Japan as Feel Air is looking to operate a fleet of up to 36 ATR aircraft, and the manufacturer is also getting unswerving support from the leasing community, as newly formed lessor Abelo is to acquire 20 aircraft, including 10 ATR 42-600S – the Short Take-Off and Landing version.

ATR’s new 20-year global market forecast, disclosed at the show, demonstrates that essential connectivity benefits not only emerging markets but also mature economies. Communities across the globe will always need a quick and affordable access to healthcare, education and fresh produce, which ATR turboprops are already providing today.

Fabrice Vautier, ATR Senior Vice-President Commercial, commented: “In mature markets, the acute awareness of the environmental challenge is the main driver for change across the entire aviation ecosystem. While in Asia Pacific, Latin America, or Africa, for instance, the challenge is to provide a low-fare alternative to time-consuming mobility options. Everywhere, profitability for the operators and comfort for the passengers are paramount, and the ATR -600 family is making a difference, offering sustainability, comfort, reliability and unrivalled economics. This is why our forecast predicts a total market of close to 2,500 aircraft over the next 20 years.”

ATR is responding by developing the most responsible and affordable turboprop ever, soon to be operated by 100% Sustainable Aviation Fuel. The turboprop manufacturer has just performed the first flight ever with 100% SAF in both engines on a commercial aircraft. Certification is also on track for its latest generation PW127XT engine, with deliveries starting this year.

Source: ATR Aircraft Press Release

Photo Credit – ATR Aircraft

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