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4-Traders Homepage  >  Equities  >  Italian Stock Exchange  >  Leonardo 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 2017 12 172 M
EBIT 2017 1 142 M
Net income 2017 554 M
Debt 2017 1 346 M
Yield 2017 1,57%
P/E ratio 2017 13,76
P/E ratio 2018 12,03
EV / Sales 2017 0,74x
EV / Sales 2018 0,71x
Capitalization 7 632 M
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Average target price 14,8 €
Spread / Average Target 12%
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Mauro Moretti Chief Executive Officer, Director & GM
Giovanni de Gennaro Chairman
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Luciano Marcocci Chief Technology Officer
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