Turboprop manufacturer ATR sticks to sales targets for 2008
30 Oct 2008
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Paris: Regional plane maker ATR, a Toulouse-based joint venture of EADS and Finmeccanica says it will maintain its sales target of over $1.3 billion for 2008, despite a degraded industry environment. It has said it expects to collect orders for 50 aircraft this year against the record 113 orders it received last year.
Also, ATR said it expects to deliver more than 60 turboprop planes this year, compared with the 44 in 2007, which generated sales of $1.1 billion.
According to ATR, though a cautious attitude prevails in the industry customers are yet to reverse their decisions. The long term demand for turboprops remains strong, it said.
