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...
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...
Vertical Aerospace has agreed on a joint development program with Italy’s Leonardo to design, test, and manufacture the composite fuselage of the XV4 eVTOL. The agreement includes the production of potentially 2.000 fuselage sections per year, both companies announced...
ATR deliveries are expected to grow to fifty per year from 2023 and remain at this level for the coming years as the turboprop market recovers. Actually, ATR is recovering at a faster pace than was anticipated a few months ago and even quicker than the regional market...
Franco-Italian turboprop maker ATR suffered from a difficult 2020, with lower orders and deliveries as customers were hit by the effects of the pandemic. ATR delivered just ten aircraft compared to 68 in 2019, its Italian shareholder Leonardo reported during its...
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