Turboprop manufacturer ATR has reported a record year for its services and support division, which contributed a third of its total revenue in 2023.
“ATR achieved almost $1.2 billion in revenues for the first time since the pandemic, also supported by a record year for services with revenues over $400 million,” stated the OEM.
Services sales were up 15% on 2022 and are becoming an increasingly important part of ATR’s business. In 2019, when ATR’s total revenues were much higher at $1.6 billion, the company reported a “strong year” for services, but presumably last year’s sales were even higher given that the company termed it a “record”.
According to Aviation Week Network’s Commercial Fleet & MRO Forecast 2024, ATR airframe, component and modification work will be worth just over $400 million this year, rising to about $450 million in five years’ time. A big majority of this work is for ATR72 aircraft.
Notable aftermarket developments by the manufacturer in 2023 included a collaboration between ATR and MRO software developer Swiss-AS to integrate ATR maintenance data into the AMOS software provided by Swiss-AS to ATR operators.
Previously, the integration of technical publications, provided by the OEM into the software solution is under the responsibility of the operator and often requires the usage of standalone systems and various middleware to manage data integrity and revisions, Swiss-AS noted at the time.
At the start of 2023 it also brought in new leadership for its aftermarket activities, appointing ex-Alitalia and Superjet executive Stefano Marazzani as SVP customer support & services in January.
Related Content
