GE’S Immelt Says Crisis Period Over, Sees 2010 Growth
Published at: www.bloomberg.com
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Doug McVitie, MAFounder & Chief ConsultantArran Aerospace
Summer 2009 is Aerospace Watershed
July 1, 2009
It has escaped the attention of most of today's sensationalist aerospace-industry commentators -- even those who sometimes reflect for as much as a whole minute before hitting the keyboard -- that the most recent IATA forecast of a $9bn global airline loss for 2009 is actually a 13.5% improvement on 2008's $10.4bn loss, exchange-rate variations aside.
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June 30, 2009
As someone who works in and studies the transportation sector, which many people consider to be a leading economic incidator, I have some bad news for Jeff: You're probably wrong about 2010. I realize that Mr Immelt is part of the Obama ecopnomic team of advisors, and I realize that the Administration is doing everything possible to talk uyp this economy, but every objective indicatorpoints...
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