Long-Suffering SNECMA Sees 1997 Profit
Financially feeble French enginemaker SNECMA is on the mend, thanks to the rebound in worldwide jetliner orders, and expects this year to post its first profit since 1992. SNECMA still wound up 1996 with red ink, losing FFr280 million, or about $49.2 million, on total sales of about FFr18.7 billion...
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