Franco-Italian turboprop aircraft manufacturer ATR has announced its 2024 full-year results, reflecting a solid growth trajectory supported by strong market demand.
The company recorded orders for 56 aircraft, marking a 40% increase from 2023. The order book included commitments from both new and existing operators. The breakdown consists of 51 ATR 72s and five ATR 42s, bringing ATR’s backlog to over 150 aircraft.
Interest from Asian carriers was particularly notable, and Canadian operators have also begun entering the market for ATR aircraft.
ATR delivered 35 aircraft in 2024, compared to 36 the previous year, with one additional aircraft ready for delivery.
“In 2024, we delivered what we said we would,” ATR CEO Nathalie Tarnaud Laude commented. “We maintained delivery rates despite tough conditions while welcoming 16 new operators, securing 56 aircraft orders, expanding value-added services, and streamlining operations.”
For the second year in a row, ATR reported $1.2 billion in revenues, with a book-to-bill ratio well above 1, underscoring strong demand. The company also recorded nearly 100 transactions on the second-hand market, reaffirming the appeal for ATR aircraft. Customer support and services saw a 15% increase compared to 2023, reaching $480 million.
ATR expects 2025 to be another year of stabilization, as tensions in the supply chain will remain at least during the first half of the year.
In November 2024, the manufacturer reported halting the development of the ATR 42-600S, a short takeoff and landing (STOL) variant of the aircraft, based on “extensive market review” and “lingering tensions on its supply chain.”
