Narrowbody order boom fuels business boost for engine makers
Driven by growth in passenger and cargo traffic, the global airline industry returned to profitability in 2010 after two years of financial losses. As a direct result, large turbine engine manufacturers have seen rebounding sales and full order books for new and existing engines. This trend has not affected all world regions equally, however. The recovery is underway in Asia and the Middle East, while Europe and North America are seeing a slower rebound. During the downturn, both Boeing ...
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