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Monday, January 28, 2008

ATR Posts Record Sales

ATR posted booked orders for 113 new ATR aircraft in 2007, a record for any single year since the beginning of the program. This success was coupled with a 2007 turnover of some $1.1 billion dollars, a growth of 56 percent compared to 2006, when it posted $700 million in turnover.
“This commercial record of 2007 represents a real milestone in ATR’s history, and, coupled with the announcement of the launch of the ‘–600 series aircraft, it makes 2007 a memorable year,” said CEO Stéphane Mayer. “We are also proud of having almost doubled our deliveries in one year, and of having delivered the first turboprop aircraft equipped with In-Flight Entertainment (IFE) and Light Emitting Diode (LED) in the passenger cabin. Consolidating our success over the long term is a real challenge. We know that to maintain this success we must continue offering our customers the technological innovations and product improvements that make our aircraft the most cost effective in the market as well as to offer the high level of customer service they expect. This continuous improvement is our commitment to the market.”

2007 Status
ATR booked orders for 113 new aircraft and options for 26 aircraft. Some 74, out of the total order intakes, come from new ATR customers, while 52 percent of the new ATRs orders of the year have been booked with carriers in the Asia Pacific region. In 2007, ATR also expanded its commercial success to new markets such as the Philippines (10 new aircraft) and Malaysia (24), while consolidating its strong worldwide market share.
Since the recovery of the turboprop market beginning iin 2005, ATR has booked orders for 266 new aircraft. From the beginning of the program, ATR has sold 950 aircraft (417 ATR 42s and 533 ATR 72s).
ATR’s portfolio includes more than 130 operators in some 80 countries. It has delivered 44 new aircraft in 2007 versus 24 in 2006, thus representing a production increase of over 80 percent. From the beginning of the program, ATR delivered 757 aircraft (397 ATR 42s and 360 ATR 72s) through 31st December 2007. ATR has a backlog of 195 aircraft through 31st December 2007, an increase of some 120 percent compared to 2005. ATR market share in 2007 is over 50 percent of the 50 to 74-seat turboprop market.
ATR significantly developed in 2007 its support and services capabilities worldwide. With the aim of being more reactive and closer to its customers, ATR has opened two spare parts distribution centers in Auckland and New Delhi, and a customer support center and a training center, both in Bangalore. Spare parts and services activities posted a turnover of some $209 million, a strong increase of 37 percent compared to 2006. During 2007 ATR has also inked Global Maintenance Agreements (GMA) with four companies, covering more than 20 ATR aircraft.
To face the challenges of the increased activity, ATR has increased its staff up to a level of 780 employees through December 2007, a growth of some 13 percent. An additional increase is also planned for 2008.

Perspectives 2008
ATR plans to deliver more than 60 new aircraft in 2008 and prepare a larger production capacity in order to answer the expected market demand, while increasing its turnover over $1.3 billion.
In the regional market, the new turboprop aircraft has a very important and growing potential in different world regions such as Asia Pacific, Africa, Latin America and Europe. The activity is increasing with both sales to new customers and with the growth and replacement of existing turboprop fleets. There are also additional turboprop sales opportunities developing in North America. ATR will focus on maintaining its market share of over 50 percent and achieving between 50 and 60 percent of the market.
In 2008 ATR is establishing a new MRO policy. Under this project, ATR will recognize certain MRO providers in key areas of the world, to provide guidance and ensure the best quality of maintenance to the family of ATR operators. It will also be launching a “door-to-door” service, while enhancing its technical support worldwide. At the same time, ATR is evaluating further developments of its regional policy launched in 2006, with a larger presence in the world. This mainly includes new spare parts distribution centers and training centers in current and future key zones, such South America.
According to its principle of continuous innovation, ATR is generating important results in 2008 on maintenance cost reductions. In order to enhance the competitive advantages of the aircraft, ATR is currently working on the optimization of the maintenance procedures, thus allowing an extended time, in flying hours, between the C-checks. ATR is also planning an extension of the time between the landing gear inspections and between the propellers checks.
In a world that is more and more concerned about sustainable development and global warming, and where authorities are moving to implement drastic measures, ATR said it is the “Green Player” of the regional market. On a 200 Nm route, the fuel consumption per passenger of an ATR 72 is about 15 percent lower than a European standard car and 60 percent less than a 70-seater jet.