Snecma Downplays Arianespace Capital Needs
Snecma boss Jean-Paul Bechat says an initial 60-million-euro recapitalization for Arianespace last month is likely to be enough to meet foreseeable near-term capital requirements. "We don't think a further operation is necessary," he says, pooh-poohing earlier remarks by Arianespace CEO Jean-Yves Le...
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