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02.12.2015 19:16:00
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Moody's: Favorable commercial trends continue to buoy global aerospace, defense growth
New York, December 02, 2015 -- Steadily increasing airline traffic, improving carrier profitability and the need to replace ageing equipment will spur further growth in the commercial aerospace industry, says Moody's Investors Service. With a balanced mix of re-fleeting and emerging market expansion sustaining an increasingly diverse and well-supported order book, these strong fundamentals augment a now-rising forecast for defense spending and together underpin the rating agency's positive outlook for the global aerospace and defense industry.
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