ATR CEO Sees Production Cuts on the Horizon

Following the lead of other major manufacturers in the aviation sector, Franco-Italian aircraft builder ATR has started laying the groundwork for its own slowdown of construction of new planes as the coronavirus continues to plague the industry. The aircraft manufacturer’s CEO Stefano Bortoli commented on the matter in a Reuters interview. “Of course we are going to reduce; we will see later how much,” the executive said, waiting to see how demand impact that designers current production rate. ATR delivered…