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.…
GE Aerospace has shared more details about the hybrid-electric technology demonstration project that was awarded funding in October under Europe’s Clean Aviation research program. Called AMBER, the program will be led by GE’s Italian business unit Avio Aero to study the…
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…
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…
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 on…
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…