The world aircraft industry is still growing. That’s the good news. The bad news is that the industry’s growth rate downshifted significantly last year. Meanwhile, the sluggish level of growth that remains is threatened by several looming macroeconomic trends. Most of all, the jetliner primes’ lofty production goals appear out of line with economic reality. Several market segments have already been affected. The result was a weak 2% growth rate for 2015 over 2014, measured ...

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