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Gold/Mining/Energy : Magellan Aerospace Corp (MAL) New Listing

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To: Anthony Wong who wrote (319)11/4/1997 10:18:00 AM
From: philip trigiani  Read Replies (1) of 633
 
Big news!

Boeing reported today in the financial post, that it is scaling back production of its md-80 and md-90 at mcdonnell douglas in Toronto, which makes wings. This production is being switch to south korea where hyundai space & aircraft are going to build the new md-95 jet. MAL has secured a deal with hyundai (reported earlier this year) to manufacture the wing parts, potential deal over $200 million over the next decade. Boeing also expects to expand the md-95 line.

philip t.
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