AEROSPATIALE TO SPIN OFF ATR, AIRBUS; REPORTS 'RECORD-BREAKING' PERFORMANCE

Aerospatiale will spin off its ATR commuter airplane and Airbus business this year, as part of a British-French-German general restructuring of the European aerospace industry, Chairman Yves Michot said in a press conference last week. Michot, noting decisions made in the past year about...

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