ATR ends the Singapore Airshow with 48 orders
After the first two days of the Singapore Airshow, the European turboprop manufacturer ATR announced that it has boosted its order book with 48 aircraft, including 28 firm orders. These contracts amounted to nearly 1.2 billion dollars. This strong start to 2014 confirms the success seen in 2013, a year which ended with a total of195 aircraft sold (89 firm orders and 106 options).
During the airshow, ATR announced two of these three new orders: a contract for 40 ATR 72-600s (including 20 firm orders) from the UAE leasing company Dubai Aerospace Enterprise, and a contract with the Spanish company Binter Canarias for the confirmed purchase of six ATR 72-600s.The order placed by the UAE lessor DAE allows ATR to welcome a new client to its portfolio, and highlights the strong attractiveness of ATR to leasing companies. Meanwhile, the order from Binter Canarias symbolizes the renewal of confidence and loyalty from an operator with a long-standing commitment to the ATR family of aircraft. Binter Canarias introduced their first ATRs in 1989, and currently operates a fleet of 18 ATR aircraft.
On the occasion of the airshow, the signing with the operator Bangkok Airways formalized the identity of the purchaser of eight ATR 72-600 aircraft (including 6 firm orders) which had been undisclosed at the presentation of annual results for 2013.
Filippo Bagnato, Chief Executive Officer of ATR said that he was "very satisfied with ATR's commercial results after the Singapore airshow. This quantity of orders, just 45 days after the beginning of the year, puts us on the right track for achieving our 2014 business objectives. We are very pleased to see that the ATR '-600' series has consolidated its position as the principal reference in the field of regional aviation. Whether it is for developing new networks, updating fleets to current tastes and cutting edge technology, or allowing lessors to develop their regional portfolio, the ATR '-600' series responds perfectly all of these demands. These new sales, just one and a half months into the year, are the best proof of this."
ATR is the world number one regional aircraft manufacturer with its ATR 42 and 72 aircraft the best-selling aircraft in the less than 90-seat market segment. In 2019 the company had a turnover of US$1.6 billion. The unifying vision of the company’s 1,400 employees is to help everyone, no matter where they are in the world, to connect and develop in a responsible manner. Thanks to the efficiency of turboprop technology and the benefits of the company’s focus on continuous innovation, ATR aircraft open more than 100 new routes every year, burn up to 40% less fuel and emit up to 40% less CO2 than regional jets. For all of these reasons, ATR aircraft have been chosen by some 200 companies in 100 countries around the world. ATR is a joint-venture between Airbus and Leonardo.