Market Intelligence: Europe

France – headquartered ATR, the world’s leading regional aircraft manufacturer, announced its 2024 full-year results, with a growth trajectory driven by successful partnerships with existing and new customers.

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. 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, the year witnessed the initial phase of the -600 series renewal.

Deliveries were in line with the level of 2023, with 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 delivered $1.2bn in revenues and confirmed a book-to-bill well above 1. The manufacturer also recorded almost 100 transactions on the second-hand market, demonstrating the robust demand for ATR’s cost-effective and low-emission turboprops.

Customer support and services rose by 15%, at $480m, building on a record level from 2023. This demonstrates the added benefits of ATR’s services offering, to increase cost predictability over time and offer access to mutualised resources.

“We worked through a challenging year in 2024 and I want to thank everyone, from our customers to my colleagues, who contributed to these results,” said Nathalie Tarnaud Laude, Chief Executive Officer of ATR. “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.”

“In 2024, we delivered what we said we would. 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.”

About ATR
ATR is the world number one regional aircraft manufacturer with its ATR 42 and 72, the best-selling aircraft in the below 90-seat market segment. The unifying vision of the company is to accelerate sustainable connections for people, communities and businesses, no matter how remote. Flown by some 200 airlines in over 100 countries, ATR aircraft opened 160 new routes in 2023, facilitating the development of territories and enabling access to crucial services like healthcare and education. Thanks to ATR’s focus on continuous innovation and the intrinsic efficiency of the turboprop technology, ATR aircraft are the most advanced, versatile, cost-effective and lowest-emission regional aircraft on the market, emitting 45% less CO2 than similar-size regional jets. In January 2022, we flew the first ever commercial aircraft using 100% SAF in both engines. ATR is a joint-venture between Airbus and Leonardo.

Source: ATR