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N328KF
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FI: Alenia Wants To Acquire ATR, Link With RRJ

Wed Nov 15, 2006 3:15 pm

Alenia wants to acquire EADS' 50% share of ATR. It would then be the holding company for Alenia's share of the RRJ project, and the two would be marketed in concert:

Italy's Alenia in talks with EADS to take control of ATR turboprop division
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atmx2000
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RE: FI: Alenia Wants To Acquire ATR, Link With RRJ

Wed Nov 15, 2006 10:40 pm

Well this would be a way of EADS gaining cash to fund future development in the commercial jet market if they take up this offer. There probably isn't enough marketing synergy between commercial jets and props to make it critical for EADS to stay involved in the business.
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MCOflyer
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RE: FI: Alenia Wants To Acquire ATR, Link With RRJ

Wed Nov 15, 2006 10:47 pm

It has its ups and downs. What if the RRJ project fails? Then ATR looks bad and may go into BK.

MCOflyer
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AirbusA6
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RE: FI: Alenia Wants To Acquire ATR, Link With RRJ

Wed Nov 15, 2006 10:53 pm

I've been impressed with the way Alenia and Finmeccanica have progressed over the last few years, they've shown a level of rationality and progress sadly missing in Alitalia!
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N328KF
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RE: FI: Alenia Wants To Acquire ATR, Link With RRJ

Thu Nov 16, 2006 12:12 am

Quoting MCOflyer (Reply 2):
It has its ups and downs. What if the RRJ project fails? Then ATR looks bad and may go into BK.

Given that Finmeccanica would ultimately be the one in charge, they've got pretty deep pockets. And they only have a limited exposure to the RRJ project. I think they'll be fine if things go south.
When they call the roll in the Senate, the Senators do not know whether to answer 'Present' or 'Not guilty.' -Theodore Roosevelt
 
planemaker
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RE: FI: Alenia Wants To Acquire ATR, Link With RRJ

Thu Nov 16, 2006 2:04 am

Quoting N328KF (Reply 4):
And they only have a limited exposure to the RRJ project.

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