Thursday 8 December 2016
commercial aircraft

Defence spending on the rise in Mideast

Global defence spending is declining, resulting mainly from reduced armed conflict in Iraq and Afghanistan and affordability concerns in many traditionally active military governments. However, defence spending is increasing in several areas of


Commercial aircraft sector ‘set for record growth’

The global defense industry’s revenue will likely continue to slide as a result of cuts in military spending, while the commercial aircraft industry will likely have record revenues in the coming year, a report said. The com


ME unrest may hurt commercial aircraft companies

The unrest in the Mena region could derail long-term growth in demand for commercial aircrafts due to the impact on oil prices, with supply-driven price hikes likely to dent airline margins, Sanford C. Bernstein analysts said. If margins f

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