Financial Headwind Slows Aerospace

Pinkham, Myra
November 2008
Metal Center News;Nov2008, Vol. 48 Issue 12, p14
Trade Publication
The article elaborates on the implication of global financial crises to aerospace metal industry in the U.S. The dire economic situation detrimentally affects the industry and industry experts feared that it would lead to impending recession. According to Richard Aboulafia, vice president of Teal Group and an aerospace analyst, commercial aerospace had an amazing five years from 2003 to 2005, but all good times comes to an end.


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