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Leonardo reduces ATR loss despite fewer deliveries

Leonardo delivered fewer airframe deliveries to ATR last year but reduced its loss on the turboprop program compared to 2021. Longer term, the Italian company continues to work on optimizing the production for ATR to reduce lead times and improve quality. Leonardo...

ATR improves operating result year-on-year

The profitability of turboprop maker ATR continues to improve year-on-year. Although it still ended with an operating loss of €-4.0 million in the first nine months, this is significantly better than €-25 million in the same period of 2021. The results are included in...

Lower production rates hurt Leonardo Aerostructures

Deliveries of 31 completed ATR turboprop aircraft compared to ten in 2020 have helped to reduce losses for its Italian shareholder Leonardo, but overall the company and Tier 1 supplier to Airbus and Boeing can look back at a difficult year for its commercial...

GAMA 3rd Quarter Deliveries Released

GAMA released its third-quarter statistics for 2018, and the General Aviation segment increased its billings to $4,134,953,455 in the third quarter, up only 0.83% from 2017. The variability in the mix, when compared to 2017, was significant, with 286 piston aircraft...