2-Mar-2011 9:27 AM

GKN Aerospace optimistic about outlook for 2012 and beyond

GKN Aerospace CEO Kevin Smith stated the company is optimistic about its outlook for 2012-14, due to increases in production of commercial aircraft and the imminent introduction of new types (Bloomberg, 02-Mar-2011).

GKN Aerospace: "Civil aerospace is now moving into a strong growth phase with volume increases on existing platforms and new aircraft moving into production. The ramp-up of a number of new aircraft programmes and further increases in civil volumes should return aerospace to its strong growth trend," Kevin Smith, CEO. Source: Reuters, 01-Mar-2011.