ERA 2011: ATR gains 57 more orders since Paris 2011

ATR has announced that its 2011 orders now stand at 145 firm plus 72 options, the first update since closing the Paris Air Show in June with 88 firm and 42 options.

Announcing the news, ATR CEO Filippo Bagnato noted that new customers make up 34% of 2011 sales, before quipping, “During the summer we did something. We’ll take holidays later on.”

Over last five years ATR has received orders which make up 50% of the orders for ATRs since the beginning of the programme.

To get to the 145 from 88, ATR has received orders for two more 72-600s from Air Lease Corporation, two more 42-600s for Taimyr Air Company (which operates under the Nordstar Airlines brand), plus two 72-500s for Nordic Aviation Capital (NAC). The remaining 51 orders are covered by six undisclosed deals for 47 ATR 72s and 4 ATR 42s.

Bagnato indicated that in the 50-90 seat market, 81% of sales in 2011 have been with ATR, with the extra two aircraft ordered by NAC deal taking orders from lessors this year to 22%.

ATR’s backlog is now at its strongest ever with 275 aircraft, worth $6.2 billion. This equates to four years of production. It is also 68% of the backlog of all regional aircraft in the 50-90 seat sector.

In terms of production, ATR will deliver 52-54 aircraft this year. Production in 2012 will see 72 aircraft delivered, 80 in 2013 and 85 in 2014 – “for the time being”, Bagnato added grinning.

The company’s turnover will reach its target of $2.0 billion by FY2014, Bagnato predicted, noting that in 2005, turnover was $0.5 billion.

Since the Paris Air Show, the first ATR 72-600 has entered service with Royal Air Maroc Express. In terms of performance so far, Bagnato commented, “As an engineer, I don’t like to use a small window [of data] to extrapolate, but the dispatch reliability is almost 100%. So it’s looking quite good.”

A total of 11 ATR 72-600s are scheduled to be delivered this year.

Bernie Baldwin, editor, Low-Fare & Regional Airlines/LARAnews.net
Rome

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