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 t…