British Aerospace profits plunge as firm restructures for leaner times

Shifrin, C.A.
September 1991
Aviation Week & Space Technology;9/16/1991, Vol. 135 Issue 11, p71
Trade Publication
Reports that British Aerospace pretax profits fell 41 percent in the first half of 1991, and the company has announced plans to raise about $747.4 million by issuing new stock, with proceeds to be used for restructuring and financing of new investment. Recent diversification; Revenues from commercial aircraft; Regional aircraft business.


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