SINGAPORE—Bombardier plans to boost its presence in Asia-Pacific, a move that comes after arch-rival ATR came perilously close to locking Bombardier out of the region's fast-growing turboprop market. At the same time, ATR plans to establish a global MRO network, similar to what Airbus, another EADS company, has done.
ATR in recent years has won the lion's share of new orders for turboprops.
SINGAPORE—Maintenance, repair and overhaul (MRO) firms are set to benefit from a wave of new start-up carriers in Asia.
Carriers are preparing to launch operations in an effort to capitalize on the next travel boom, but because these start-ups are small, each will be relying heavily on outside parties for line and heavy maintenance.
Beijing’s increasingly heavy-handed treatment of Hong Kong, resulting in current street protests, raises the risk of China eventually trying to seize Taiwan by force, though the probability may not have changed much....More