Aerospace’s New Decade of Optimism
July 27, 2023
By AdvanceCT
It is no secret that global airline fleets are aging, and given the cost of maintenance and overhaul for the post-pandemic mothballing of a huge percentage of the global fleet, paying for new equipment doesn’t seem quite so onerous these days.
On the heels of the Paris Air Show, aerospace companies have a renewed sense of optimism and urgency. At the Air Show, billions of dollars in contracts were awarded to companies across the supply chain as orders from around the world flooded in.
Companies like Connecticut-based Pratt &a...
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