ATR, Aircraft Manufacturer Is Set For Increased Growth In 2023

Key Highlights

• ATR is expecting growth in 2023 after three challenging years due to Covid-19 and a complex economic and geopolitical environment.
• ATR aims to maintain its position as the leading regional aircraft manufacturer in 2023 by delivering at least 40 aircraft and has set an ambitious target of ramping up production to 80 aircraft in the future.

ATR, a leading regional aircraft manufacturer, is expecting growth in 2023 after three challenging years due to Covid-19 and a complex economic and geopolitical environment. In 2022, ATR delivered 25 new and 11 pre-owned aircraft, despite industry-wide supply chain issues. The global ATR in-service fleet is now close to pre-Covid numbers, with 1,200 aircraft flying, and the current backlog stands at a solid 160 aircraft.

Last year, ATR created 150 new routes with its aircraft, and it performed the first 100% Sustainable Aviation Fuel (SAF) flight in history with a commercial aircraft. In addition, ATR’s brand-new PW127XT engine was certified and entered into service. 

ATR Demonstrates Commitment To Connectivity, Sustainability, and Innovation

ATR is committed to decarbonization and advancing its aircraft family’s development. The company completed the first test flight of the ATR 42-600S (Short Take-Off and Landing). It launched a feasibility study for its next-generation EVO concept, demonstrating its commitment to connectivity, sustainability, and innovation.

ATR’s Goals For 2023

According to ATR’s CEO, Nathalie Tarnaud Laude, the company aims to maintain its position as the leading regional aircraft manufacturer in 2023 by delivering at least 40 aircraft. ATR has set an ambitious target of ramping up production to 80 aircraft in the future. 

Laude emphasized that ATR’s aircraft offer unbeatable economics, the latest technologies, and unrivaled environmental performance, making them ideal for customers to operate their routes profitably despite inflation and energy uncertainty. She also said that sustainable regional aviation has the potential to improve lives globally, as it provides vital connections to communities and economies, leading to increased Gross Domestic Product and employment.

ATR’s Plans To Capitalize On High Replacement Demand and Tap into Underserved Markets

ATR plans to take advantage of the high demand for turboprops, which is estimated to be around 1,500 over the next 20 years, now that travel restrictions have been lifted. 

Additionally, the company aims to: 

1. Expand its footprint in the freighter market by tapping into underserved markets, such as the United States. 
2. ATR also intends to explore new opportunities in corporate, governmental, and humanitarian operations.

Despite facing challenges over the past three years, ATR’s strong commitment to sustainability, innovation, and connectivity puts the company in a favorable position for growth. 

ATR’s focus on providing customers with the latest technologies, unbeatable economics, and top-notch environmental performance is expected to attract new customers and help the company achieve its growth targets in the upcoming years.