Matthew Fulco is Business Editor for Aviation Week, focusing on commercial aerospace and defense. He previously worked as a journalist in Taiwan for eight years, covering semiconductor supply chains, defense and geopolitics. Prior to that he was based in Shanghai for five years covering the technology and hospitality sectors. He is proficient in Mandarin Chinese and French. Matthew holds a Master of International Affairs from the School of International and Public Affairs at Columbia University and a BA in History from Kenyon College.
Engine unit and aftermarket sales have been brisk, particularly to China, where commercial air traffic has grown since Beijing ended its zero-COVID policy.
Global military expenditures in 2022 rose 3.7% to a record $2.24 trillion, driven by Russia’s invasion of Ukraine and related spending by Moscow and Kyiv.
