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ATR Posts Good Results in 2004

Toulouse, 02  February  2005

Today, on the occasion of the traditional ATR annual press conference, Filippo Bagnato, Chief Executive Officer of ATR (Avions de Transport Régional) announced a turnover of $543 million, which is much higher than that of 2003.

«Recovery of the market has begun in 2004 and demand for new aircraft progressively increases” Filippo Bagnato declared, before he gave a review of the 2004 status and unveiled the perspectives for the current year.

1. 2004 status

New Aircraft Sales

On the new aircraft market, ATR has logged a total of 12 orders. From the beginning of the programme, ATR has sold 688 aircraft (381 ATR 42s and 307 ATR 72s) through December 31,2004.

118 airlines currently operate ATR aircraft.

Airline Country ATR 42-500 ATR 72-500
Air Tahiti French Polynesia 1 4
Binter Canarias Spain - 6
Air New Zealand New Zealand - 1
Total 1 ATR 42-500 11 ATR 72-500

New aircraft Deliveries

In 2004, ATR delivered 13 aircraft to 6 airlines. From the beginning of the programme, ATR has delivered 674 aircraft (377 ATR 42s and 297 ATR 72s) through December 31, 2004.

Airline Country ATR 42-500 ATR 72-500
Air Dolomiti Italy - 2
CSA Czech Republic 3 -
Binter Spain - 4
ANZ New Zealand - 1
Aircraft International Renting Ltd Ireland - 1
Air Tahiti French Polynesia 2 -
Total - 5 ATR 42-500 8 ATR 72-500

Second hand aircraft & cargo business

On the second hand aircraft market, ATR registered once again a strong activity, exceeding its target with 51 aircraft transactions (30 ATR 42s and 21 ATR 72s) versus 43 transactions in 2003, including 6 cash sales.

ATR delivered 62 aircraft compared to 39 in 2003.

Four new companies are now in the ATR portfolio: Myanma Airways (Myanmar), Overland (Nigeria), Nordic Aviation (Sweden) and Air Bosna (Bosnia).

33 ATR cargo aircraft are currently operated worldwide.

Airline Country ATR 42 ATR 72
AviaImport Cuba 3 ATR 72-210s
Aurigny United Kingdom 1 ATR 72-200
Trip Brazil 1 ATR 42-300
Vietnam Vietnam 1 ATR 72-200
Aeromar Mexico 2 ATR 42-500s
Airlinair France 11 ATR 42-500s
Olympic Airlines Greece 2 ATR 42-300s
Air Exel The Netherlands 1 ATR 42-500
Total Brazil 2 ATR 42-320s
Total Brazil 1 ATR 42-300
Myanma Airways Myanmar 1 ATR 42-320 2 ATR 72-210s
Air Deccan India 5 ATR 42-500s
Cimber Denmark 7 ATR 72-200s
Islas Spain 2 ATR 72-200s
PAS Egypt 1 ATR 72-200
Overland Nigeria 1 ATR 42-320
AMR The United States 2 ATR 72-210s
Nordic Aviation Sweden 1 ATR 42-300
Air Bosna Bosnia 2 ATR 72-210s
Santa Barbara Venezuela 2 ATR 42-300s
Total - 30 ATR 42s 21 ATR 72s

Operations & Customer Services

  • ATR has obtained the Design Organisation Approval (DOA) on the European level from the European Aviation Safety Agency (EASA). This is another step for the regional aircraft manufacturer which already obtained the French DOA in December 2002.

    The DOA is an approval qualifying the design work of an aircraft manufacturer and is recognition of the quality of its engineering capabilities. Under the terms of the approval, many of the engineering activities are handled by ATR without the need to seek approval from the regulatory Authority.
  • The DGAC (Direction Générale de l’Aviation Civile) has renewed the 120 mn ETOPS capability for the ATR aircraft, proving their high level of reliability.
  • ATR has signed two partnership agreements on ATR spare parts distribution with:
    • Safair (Pty) Limited, based at Johannesburg, for the Southern Africa area.
    • INTERTURBINE Logistik GmbH, based at Kaltenkirchen, Germany, for ATR’s hardware spares material distribution throughout the world.
      The ever-strong spare parts activity registered a 16% increase in turnover, partly due to the strong activity of the second hand aircraft market.
  • ATR and EMBRAER announced at Farnborough International the finalisation of the co-operation agreement in the E-Business Area. Two additional modules have been integrated on the AEROChain platform in August 2004: on-line spare parts sales and Technical Publications services. 85% of the ATR customers are currently registered on the AEROChain platform.

2. 2005 perspectives

Commercial

The perspectives for 2005 look very good for ATR. The objective is to deliver about 15 new aircraft in 2005 and 18 in 2006 and 2007. On the second hand aircraft market, ATR banks on 40 transactions.

  • The low-cost Indian carrier Air Deccan has already selected ATR to provide 30 new ATR 72-500 aircraft and 6 second-hand aircraft (3 ATR 42-500 and 3 ATR 72-500). The Indian market is booming, as several low-cost airlines should start their operations this year.
  • Turkey has selected Alenia Aeronautica for the supply to the Navy of ten ATR72 ASW (Anti Submarine Warfare) aircraft. This new version of the ATR 72-500 aircraft developed by Alenia will carry out both maritime patrol and anti-submarine surveillance missions.

Developments

ATR demonstrates once again its constant capacity for innovation and improvement of its products and services in order to satisfy the customers and market demand.

  • The Customer Services of ATR plans to increase by 50% the number of aircraft covered under the Global Maintenance Agreement (GMA) that is about 50 additional aircraft in 2005. New functions will be also developed on the AEROChain platform for ATR operators.
  • ATR will strengthen its interface with the airlines on support issues, in order to increase its proactiveness and to be closer to their actual needs.
  • ATR has just increased the ATR 72-500 aircraft payload weight carried by 300 kg. The mass take-off weight (MTOW) of the aircraft is now 22,800 kg.
  • ATR has decided to develop a 74-pax version of the ATR 72 aircraft in order to meet the ever-increasing demand from low-cost airlines. This new version is available on order.
  • ATR has launched an Ageing Structures Programme for its ATR 42 and ATR 72 aircraft to attain, mid-2006, the extension of the “Design Objective Life” for all ATR family aircraft models from the original 70,000 to 105,000 cycles. This would represent, with an average yearly utilisation of 2,500 flight hours, an “economic life” of over 40 years. This life extension programme will further improve the economic and operational performance of the aircraft by extending overhaul intervals with a positive impact on residual values of ATR used and cargo aircraft.
  • Since last July, ATR has been testing the Multi-Purpose Computer (MPC) system. This new polyvalent computer system will be compliant with future airworthiness and safety regulations. The certification is scheduled this year.

Humanitarian aid

In the frame of a partnership agreement with the French association "Aviation Sans Frontières" (ASF), ATR provided an aircraft to transport 3 tons of medical equipment to Agadez, Niger, last December.

ATR also takes action to help Tsunami victims. In agreement with the Indian low-cost airline Air Deccan, ATR will carry 5 tons of freight dedicated to Ski-Lankan children. Two ATR 42-500 aircraft will fly to Colombo (Sri Lanka) before being delivered to Air Deccan, mid-February.

Furthermore, ATR called on employees to make donations directly to the “Fondation de France” by 31 January 2005. The sum of the donations collected will be doubled by ATR.

About ATR

Toulouse, Southern France-based regional aircraft manufacturer Avions de Transport Régional (ATR) is the world leader in the 50 to 70-seat turboprop market. ATR is an equal partnership between Alenia Aeronautica (Finmeccanica Group) and EADS (European Aeronautic Defence and Space Company).

Contact:

Frédéric Lahache Tel.: 33 5 62 21 60 61
Fax: 33 5 62 21 68 00
www.atraircraft.com
mailto: frederic.lahache@atr.fr

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