UK aerostructures and components manufacturer GKN Aerospace plans to expand to the point where it makes up 50% of the turnover of parent GKN Group, CEO Kevin Cummings said in London. Speaking at a pre-Farnborough Airshow briefing, Cummings said GKN Aerospace currently accounts for about 33% of the Group’s £8 billion ($11.5 billion) turnover. However, the Aerospace division had expanded 8%-10% annually over the past decade and its aim is to make up half of the Group’s ...

Subscribe to Access this Entire Article

"GKN Aerospace aims for half-share of Group revenue " is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions?

Already registered? here.