FACC Reports Substantial Rise in Earnings

FACC Reports Substantial Rise in Earnings / Picture: © FACC

Contrary to the economic outlook at the end of 2009, the global economy developed much better and faster during the 2010/11 fiscal year, than previously expected. This general reversal in the economic trend stabilized the aircraft industry during the second half-year of 2010/11, signaling an increase in production rates, which was already evident within the first few months, and…