Emerging Markets Boosting FACC

IndustrialsIndustrial Goods ♦ Published: June 20, 2011; 17:33 ♦ (Vindobona)

The Austrian aircraft component manufacturer relies on joint ventures in order to benefit from strong growth in emerging markets.

Emerging Markets Boosting FACC / Picture: © FACC

Aircraft manufacturers’ business is expected to develop strongly over the next years. Boeing predicts that airlines will need to purchase 33,500 new aircraft until 2030 in order to deal with the expected tripling of passenger and cargo traffic. Asia will be the region with the highest growth rates.

The Austrian component supplier FACC is well prepared for the promising years to…