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LOOP News 6 MAR 07: SOCATA LOOKS EAST TO BUILD TB-SERIESThe plan is part of an offset agreement between EADS and Romania. A new production line will be built at Aerostar in Bacau. Following the transfer, Socata it will begin an aggressive marketing campaign for the £269,000 all-metal TB-series. The stylish are being built only to order at the moment, at a rate of around a dozen aircraft a year. Socata expects production of around 100 aircraft a year at the new site. A spokeperson said, "There will be strong demand for replacement aircraft from individual and fleet owners, and particularly flying schools, which have a need for an aircraft with a retractable gear and complex systems for pilots who are transitioning to airliners." Socata recently announced a 21% growth in its revenue during 2006. W: www.socata.eads.net |                      | ||||||
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