Leonardo Revving Up to 10 Percent Profit in 2020 | Aviation International News

Leonardo Revving Up to 10 Percent Profit in 2020

New leadership team expresses mild optimism; investors register strong disappointment in five-year forecast.

Leonardo’s AW139 medium helicopter is powered by two Pratt & Whitney Canada PT6C-67C turboshaft engines of 1,142 kW (1,531 hp) apiece. Current production is as high as six per month.

By AIN Staff • AIN Staff

January 31, 2018

If 2017 represented a “reset” for struggling Italian aviation and defense company Leonardo, including a new chief executive officer and new managing director of its flagship helicopters division, 2018 “will plant the seeds for growth,” according to CEO Alessandro Profumo, addressing investment analysts and media at an industrial plan event in Vertgiate, Italy, on January 30.

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