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Politics : Ask Michael Burke

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To: Knighty Tin who wrote (33380)10/6/1998 10:23:00 AM
From: Earlie  Read Replies (2) of 132070
 
MB;
Being an aerospace nut, I try to stay close to the industry. Farnborough was an order-taking disaster this year. The industry is quietly talking about a 50% reduction in deliveries (civil transport) over the next two years,.....yuk.

The big guys have successfully dropped some of the risk down on the heads of their suppliers through a variety of methods (details if anyone is interested), but they will still hurt badly before this cycle ends.
Best, Earlie
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