Managers have been buying in to aerospace companies as firms in the sector begin to see large orders coming from the Middle East.
At the Dubai Air Show earlier this month, Rolls-Royce received a $5bn order from Etihad Airways to supply engines for 50 Airbus planes, plus a $300m order from Qatar Airways. Airbus received orders for 137 planes from Emirates Airlines and Etihad and Boeing tooks an order for 150 777 mini-jumbos from Emirates. There is also a potential deal for BAE Systems for 60 Eurofighter Typhoon jets. Rolls-Royce has a market share of around 25% of all engines currently in service and is making engines for the new Boeing and Airbus aircraft. Richard Hallett, manager of the Marlborough UK Leadin...
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