With an impressive order backlog and plans to increase output, regional aircraft manufacturer ATR looks set to shine in 2023.
Like all manufacturers during Covid, ATR has weathered three difficult years. After the struggle, and being met with a complicated economic and political climate, many indications point to the likelihood that ATR will perform strongly.
Supply chains not an issue
Despite the industry facing supply chain issues and bottlenecks, the European regional airliner successfully delivered 25 new and 11 pre-owned aircraft in 2022.
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.