Aerospace: Outlook for civil markets remains good says Meggitt

GLOBAL aerospace group Meggitt has said the outlook for its civil markets remains encouraging, despite an 11% decline in its first half revenues.

The group, which has operations in Coventry and Birmingham, said in its half-year statement that production of large jets was expected to continue to grow in the medium term.

“The relatively high shipset values we enjoy on the latest generation of widebody aircraft, together with our positions on the re-engined narrowbodies, should underpin organic civil OE (o... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...