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 ...
THIS CONTENT REQUIRES SUBSCRIPTION ACCESS
You must have an Aviation Week Intelligence Network (AWIN) account or subscribe to this Market Briefing to access "EADS Decision On 90-Seat ATR Not Likely In 2012".
Current Aviation Week Intelligence Network (AWIN) enterprise and individual members: please go to http://awin.aviationweek.com for access.
Not currently a subscriber? Click on the "Learn More" button below to view subscription offers.