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2-Mar-2011 9:50 AM

Meggitt states aircraft production increases to boost revenue

Meggitt CEO Terry Twigger stated production increases by Airbus and Boeing will increase revenue for its businesses in 2011 (Gulf News, 02-Mar-2011). Revenue from commercial aerospace components is expected to increase 7-8% p/a until 2015, thanks to the introduction and production ramp-up of new aircraft types such as the B787, CSeries and A350.