ATR sees slower aviation growth but confident of prospects
Singapore
EUROPEAN aircraft manufacturer ATR sees slower growth in the aviation market but remains confident about its prospects, as it announces a multi-million-dollar deal with a lessor and is in talks with another Iranian carrier.
Noting that the industry is less bullish than it was, with the size of orders from airlines smaller than what they used to be, chief executive officer of ATR Patrick de Castelbajac said: "But we're (ATR) still discussing the orders, and people are still coming to pick up their aircraft, so that's why I'm a little bit confident."
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Transport & Logistics
EV automakers get reprieve in US tax credit rules
Abu Dhabi hub carrier Etihad adds banks to US$1 billion IPO
Luminar to cut nearly 20% jobs as part of restructuring
Chinese share of French EV market slumps after incentives curbed
Ferrari unveils US$423,000 sports car with 1960s bloodline
Airbus called for compensation to take on money-losing Spirit operations: sources