ATR aims for $2bn turnover and 90 deliveries in 2014

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ATR plans to increase annual production to 90 aircraft by 2014. But the Franco-Italian turboprop manufacturer needs to overcome supply chain challenges, especially in fabricating aerostructures.

After delivering 64 aircraft and registering sales worth $1.44 billion in 2012 - around $1.3 billion of which were firm orders - ATR chief executive Filippo Bagnato says he aims to reach a turnover of $2 billion and raise production to 90 aircraft in 2014.

However, the airframer fell short of its 2012 target, when it had planned to deliver 72 units. For the current year, ATR aims to deliver 80 aircraft.

Bagnato says that the manufacturer has solved 80% of the issues affecting its supply chain. Key suppliers have responded quickly and showed "good reactions", he says, but a number of challenges remain.

Aerostructure production is the main area that needs to improve and will need tighter manufacturing control, says Bagnato.

However, noting the production growth since 2005 - when ATR delivered 15 aircraft - the chief executive says he is confident that the projected increases are feasible.

The "bloody part" of this effort was during the early phases of the gradual ramp-up over recent years, says Bagnato.