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ATR losses climb as delivered aircraft decline reports partner Leonardo
March 10th 2021
ATR delivered 10 aircraft in calendar 2020, down from 68 deliveries 12 months earlier, figures from the turboprop maker's 50% shareholder, Leonardo, revealed overnight. Read More » Leonardo expected ATR turboprop deliveries to be "far below" pre-COVID-19 levels in calendar 2021. The company said ATR had an earnings loss before interest, tax and amortisation (EBITA) of 69 million euros (US$82 million) in calendar 2020, down from positive EBITA of 53 million euros in the prior corresponding period. Airbus is the other 50% shareholder in ATR.
