Bottom Line Aerospatiale has reported a net profit of FFrbn213m ($A50. lm) for 1991 with a 16% rise in sales, mainly in aircraft and to a lesser extent in helicopter sales. This is a marked improvement over the 1990 loss of FFr396mn ($A93. 2bn). The group’s Chairman, in reporting a successful year for 1991, said

Recovery This Year Says Dhc: The world economy will start to improve later this year, according to a market forecast issued by de Havilland Aircraft in Canada. The forecast predicts that the airlines will generally return to profitability in 1993 following recent modest signs of growth (particularly in the regional sector) and that 7,420 new

Continues Recession to Affect Job Prospects: The recession and general reductions in defence spending continue to cause large job losses in aerospace businesses all over the world. In the USA, the Martin Marietta Astronautics Group will sack up to 1,750 employees this year as it reorganises its business from four to three operating groups. This

MD-12 Design Firms: After studying various configurations with two, three and four engines (refer p7 May 92 AA), McDonnell Douglas has introduced a revolutionary new design for its MD-12 long range airliner which is planned to enter service in 1997. The new airliner will have four engines and features a double deck widebody fuselage capable