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Senior says outlook is healthy for commercial aircraft market

ENGINEERING firm Senior said its earnings for the first half of 2010 would be in line with the board’s expectations and said the outlook was healthy, buoyed by improved
order books at its major clients.

“The group has traded strongly, with profitability for the first half of 2010 anticipated to be in line with the board’s expectations,” Senior said in a trading statement yesterday.

Senior, which makes aerospace and automotive parts, said that the large commercial aircraft market has performed well so far in 2010, and that it stands to benefit from improved order in-take at aircraft makers Boeing and Airbus.

It said the large commercial aircraft market remains positive.