ATR senior vice president commercial John Moore has seen his share of ups and downs in this business, but never since he joined the company a decade ago had he experienced a year like last year, when ATR logged firm orders for 90 airplanes and reported a 15-percent increase in revenues, to $542 million. Last year’s haul equaled 1998 sales, and order figures ranked second only to ATR’s all-time record of 107 aircraft in 1989.
Avions de Transport Régional (ATR), the Franco-Italian turboprop aircraft manufacturer, last year just managed to keep its head above water despite the troubles affecting world aviation, due largely to a leap in its sales of second-hand aircraft. But it expects both to deliver and sell more new ATRs this year while maintaining its level of used airplane placements.
In one of his first appearances as new chief executive of ATR, a somewhat hesitant Stéphane Mayer announced new orders from Berjana Airlines of Malaysia (for four ATR 72-500s) and from Total Linhas Aereas of Brazil for three ATR 42-500s, two 72-500s and five options.
ATR’s sales momentum didn’t pause for the turn of the calendar as the Franco-Italian turboprop maker landed two more contracts for a total of eight turboprops before the ink had dried on last year’s financial reports. Canarian Navigation and Aerial Services, a company operating from Spain’s Canary Islands, announced a $36 million contract for two new ATR 72-500s for delivery this year following an agreement for four made last September.
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