ATR confident it can weather the storm | Aviation International News

ATR confident it can weather the storm

ATR took in record revenues of $1.3 billion in 2008 and says that despite the financial crisis it will top that figure this year.

February 27, 2009

ATR took in record revenues of $1.3 billion in 2008 and says that despite the financial crisis it will top that figure this year. John Moore, the company’s senior vice president commercial, told AIN that when Toulouse, France-based ATR made predictions at the beginning of last year, the 2009 market conditions were “not expected by anybody.”

Although ATR last year recorded 13 cancellations in a 169-aircraft backlog, it won net orders for 42 new aircraft– 23 from Asia/Pacific carriers–and options on 14 more. ATR maintains what Moore sees as a solid order book and plans to deliver 60 new aircraft this year, up from 55 last year, 44 in 2007 and 24 in 2006. ATR aims to collect $1.4 billion in revenues this year.

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