Commercial aircraft industry is reviving
JUL 23, 2010
DOI: 10.1063/PT.5.024523
Los Angeles Times : Reporting from the Farnborough International Airshow in southern England, W. J. Hennigan of the Los Angeles Times has found evidence that the market for commercial aircraft is pulling out of recession as the number of airline passengers increases worldwide. In particular:
European-aircraft maker Airbus sold 133 passenger jets worth $13 billion at Farnborough. Its Chicago rival, Boeing Co, landed 103 orders worth around $10 billion. Makers of smaller commercial jetliners such as Brazil’s Embraer and Canada’s Bombardier Inc, also struck contracts worth billions of dollars.
“The resurgence of orders indicates an upward trend in the industry,” said Michel Merluzeau, managing partner of aerospace consultant G2 Solutions in Kirkland, Wash. “Last year was a very depressed market. It seems we’re now entering a growth mode.”
© 2010 American Institute of Physics
