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4-Traders Homepage  >  Equities  >  Italian Stock Exchange  >  Leonardo Finmeccanica SpA    LDO   IT0003856405

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Franco-Italian Aircraft Maker ATR Confirms Siberian Crash

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04/02/2012 | 04:11pm CET

ATR, a Franco-Italian builder of turboprop passenger aircraft, confirmed that one of its airplanes operated by Russia's UTair Aviation (UTAR.RS) was involved in an accident in Siberia Monday morning.

ATR said in a statement that the Russian Interstate Aviation Committee will lead an investigation into the accident, whose circumstances are "still to be determined."

The company also said it will advise the French safety investigation authority on the matter, in accordance with international regulations.

The plane had been carrying 39 passengers and 4 crew members on a flight between Tyumen and Surgut in Western Siberia, ATR said.

The aircraft came off the production line in 1992, and has been operated by UTair since 2008, it said.

ATR is a joint venture between European Aeronautic Defence & Space Co. NV (>> EADS) and Alenia Aermacci, a unit of Italy's Finmeccanica SpA (>> Finmeccanica SpA).

-By Nadya Masidlover, Dow Jones Newswires; +33 1 4017 1740; nadya.masidlover@dowjones.com

Stocks mentioned in the article : Finmeccanica SpA, EADS
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Financials (€)
Sales 2016 12 072 M
EBIT 2016 1 119 M
Net income 2016 417 M
Debt 2016 2 863 M
Yield 2016 0,96%
P/E ratio 2016 17,13
P/E ratio 2017 15,29
EV / Sales 2016 0,83x
EV / Sales 2017 0,76x
Capitalization 7 152 M
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Number of Analysts 18
Average target price 12,6 €
Spread / Average Target 1,9%
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Mauro Moretti Chief Executive Officer, Director & GM
Giovanni de Gennaro Chairman
Gian Piero Cutillo Chief Financial Officer
Matteo Attrovio Head-Information & Communication Technology
Luciano Marcocci Chief Technology Officer
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