FACC CEO: 'After years of strong growth, we see a global flattening of the growth curve'
FACC CEO Robert Machtlinger reported (11-Jul-2019) the company's operations "developed in line with the market" in 1Q2019. He noted that "after years of strong growth, we see a global flattening of the growth curve, accompanied by a temporary stabilization of production rates". For 1Q2019, the key drivers with respect to product sales remained unchanged, with the major aircraft programme of FAAC's main customers, Airbus, Boeing, Bombardier and Embraer, as well as sales from the respective engine families continuing to contribute to the group's growth. [more - original PR]