Aircraft
ATR Adjusts Outlook, Turns Attention to Untapped Markets
Franco-Italian turboprop manufacturer to put new sales emphasis on Iran, China and the U.S.
ATR chief executive Patrick de Castelbajac lamented "a lot of tension" in his company's supply chain. (Photo: Thierry Dubois)
ATR chief executive Patrick de Castelbajac lamented "a lot of tension" in his company's supply chain. (Photo: Thierry Dubois)

A slight reduction in delivery expectations this year will accompany renewed sales efforts by ATR in Iran, China and the U.S., as the Franco-Italian manufacturer adjusts to headwinds in the turboprop market due to economic softening in the developing world and a sharp dip in fuel prices. Although the company collected record revenues of $2 billion last year, it missed its deliver target of 95 by seven airplanes, while it collected firm orders for 76 machines and options on another 81.


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