North America, not China, holds the key to industry recovery says aviation analyst Brian Foley. “Although the China region provided a steady sales stream of large and expensive jets at the height of the world economic downturn, we see that trend rapidly losing steam,” he asserts. The China market, “was a conveniently timed mini-rescue, a nice shot in the arm at a critical moment, but now it's starting to slow down. Chinese GDP is almost halved from 2010 and its stock market is at its lowest ...
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