Aerospace’s epic backlog upends business-as-usual

Source Summary

Airbus and Boeing touted ⁠fresh orders ​at the biennial ​Farnborough Airshow, and are upping deliveries of new ​jets. Increased ​supply is usually bad news ‌for ⁠firms that repair old planes, like $160 bln Safran. ​But giant ​backlogs ⁠mean both sectors face ​a prolonged place ​in ⁠the sun.