Aerospace puts on the brakes

Posted by Jeff Kirchner on Jan 4, 2010 11:10:00 AM
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Both OEMs and their suppliers are working to overcome a difficult economy

By Lauren Duensing

Cutting back is in vogue lately due to the still-struggling economy. Many consumers can’t afford airfares, aircraft companies are finding fuel costs challenging and the government is pulling back on a variety of defense programs. As a result, the industry that looked so promising just a short time ago is facing an uphill battle to stay cost competitive.


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