Twelve months into her four-year mandate as ATR’s first female chief executive, Nathalie Tarnaud Laude maintains the Toulouse-based airframer’s recovery is “on track” and that it will deliver at least 40 aircraft this year, after shipping 20 units in the first eight months.
ATR has also taken 22 firm orders in 2023 – including deals with Azul, Berjaya Air, and Mandarin Airlines announced at June’s Paris air show. With “more in the pipeline”, Laude says she is confident of achieving a book to bill ratio of 1:1 this year, as well as restoring ATR to profitability for the first time since the Covid-19 crisis.
It follows a dismal 2022 in which the Airbus/Leonardo joint venture delivered just 25 aircraft and notched up 26 orders, around half the figure its shareholders had been banking on when the industry began to emerge from the effects of the pandemic late the previous year.
Avation PLC (LON:AVAP) is a commercial passenger aircraft leasing company owning a fleet of aircraft which it leases to airlines across the world. Avation’s future focus are new technology low CO2 emission aircraft.
