British aerostructures provider Senior warned investors on Jan. 31 that its aerospace revenue this year could drop 20% compared with last year due to the Boeing 737 MAX production halt. Operating margins will slip as well. Stock traders initially knocked off 10% of Senior’s stock price in response...
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MAX Supplier Senior Expects Aero Revenue To Plummet 20% In 2020 is published in Aerospace Daily & Defense Report, an Aviation Week Intelligence Network (AWIN) Market Briefing and is included with your AWIN membership.
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