EADS does not expect a firm decision on whether to permit ATR to pursue a new, larger turborprop this year, says the European aerospace and defense giant’s CFO, Hans-Peter Ring. The main reason is scarcity of engineering resources, which means a decision is not likely “soon,” Ring says. ATR, the EADS and Finmeccanica joint venture, this year is finalizing plans for a new, large turboprop in the 90-seat market. ATR CEO Filippo Bagnato, speaking in January (DAILY, Jan. 23), still held ...
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