2024 to be a “year of stabilisation” for ATR

ATR is targeting a book-to-bill ratio of over one in 2024 as the regional aircraft manufacturer reports a 53% increase in aircraft sold in 2023 compared to the previous year. In 2023, the company achieved almost $1.2 billion in revenues for the first time post-pandemic, further supported by a ‘record year’ for services with revenues over $400 million. 36 aircraft were delivered in 36, a 44% increase from 2022, representing a ‘positive momentum’ despite ongoing supply chain disruptions and material shortages hindering the manufacturer’s ability to further ramp up production. “2024 will be a year of stabilisation, paving the way