Market Intelligence: South East Asia

Regional Aircraft Manufacturer ATR Reports Strong 2024 Results with 40% Growth in Aircraft Orders

Toulouse, France – ATR, the world’s leading regional aircraft manufacturer, reported its full-year results for 2024, highlighting significant growth in aircraft orders and a strong demand for its turboprops.

  • ATR secured 56 aircraft orders in 2024, a 40% increase from 2023, with 51 ATR 72 and 5 ATR 42 aircraft ordered.
  • The company’s backlog now exceeds 150 aircraft, with strong demand from Asian and Canadian operators.
  • Deliveries remained stable at 35 aircraft, with one additional unit ready for delivery.
  • Revenue reached $1.2 billion, maintaining a book-to-bill ratio above 1.
  • Nearly 100 second-hand transactions were recorded, reflecting continued market interest in ATR’s cost-effective and low-emission aircraft.
  • ATR’s customer support and services revenue grew by 15% to $480 million, building on record levels from 2023.
  • The company expects 2025 to be a year of stabilisation, as supply chain challenges persist in the first half of the year.

Statements:

Nathalie Tarnaud Laude, Chief Executive Officer of ATR said: “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. 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.” 

Source: ATR
Photo Credit: ATR

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Boeing Achieves Highest Monthly Deliveries Since December 2023

Seattle, USA – Boeing delivered 45 aircraft in January 2025, surpassing Airbus, which handed over 25 planes to 17 customers during the same period. This marks Boeing’s highest monthly delivery since December 2023 and the first time it has outpaced Airbus since March 2023.

  • The 45 deliveries included 40 737 MAX jets, with major customers such as United Airlines (seven), Southwest Airlines (five), and Air Lease Corporation (three).
  • Additional deliveries included four 787 Dreamliners and one 777 Freighter.
  • Ten of the 737 MAX aircraft had been in long-term storage awaiting rework before delivery.
  • Boeing also secured 36 new orders in January 2025, consisting of 34 737 MAXs and two 777 Freighters from undisclosed customers.
  • The Federal Aviation Administration (FAA) has capped 737 MAX production at 38 units per month following the Alaska Airlines incident in January 2024. Boeing does not expect to reach that level until later in 2025.
  • Boeing’s production faced disruptions due to a seven-week strike in September 2024 and an additional month of safety checks before resuming full operations.

Source: Boeing and Airbus

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CAE Hosts Flight Operations User Conference APAC 2025 in Kuala Lumpur

Kuala Lumpur, Malaysia – CAE is set to host CAE Flight Operations User Conference APAC 2025 from February 18th to 20th in Kuala Lumpur, Malaysia, bringing together airline client partners from the Asia-Pacific region.

CAE’s Flight Operations Solutions provide airline operators with the tools to enhance efficiency and improve passenger satisfaction.

Did you know that every five seconds, a flight takes off using CAE’s Flight Operations Solutions?

Source: CAE
Photo Credit: CAE (shown as meta image)

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