7 of the 10 Aerospace Leading firms are operating in Mexico

Mexico has 7 out of the 10 most important companies from the global aerospace sector, among them we can emphasize the aircraft manufacturers Airbus and Boeing; and engines producers such as UTC, GE, Safran and Rolls-Royce.

These companies will be attending Mexico’s Aerospace Summit 2015, which will take place on September 3rd and 4th in Queretaro, informed its organizer and MexicoNOW’s Director, Sergio Ornelas.

The total revenues of the top 100 aerospace companies, according to The Flight International Aerospace Top 100/2014, went up by 5.0% between 2013 and 2014 and profits increased 10% over the previous year.

The top 10 companies that dominate the ranking, hold 62% of the industry’s total revenue, thus proving this is a very centralized sector, asserted Ornelas.

Source: Mexico Now