EAD Aerospace Interiors is not one of the better known completion and refurbishment houses. Its production facility is tucked away in the village of La Bastide-de-Jordans, in the countryside not far from Toulouse and its thriving aerospace industry.
Exposure at default
Regional-aircraft manufacturers face the prospect of increased financial risk in coming years, despite having been able to reduce sales costs since the mid-1990s, according to Moody’s Investor Service. As the economic recession continues, the New York-based credit research agency said such companies might not escape global requirements for more financial assistance to operators.