A Banque de France study commissioned by French aerospace industry lobbying group GIFAS indicates nearly one-fourth of small- and medium-size companies are posting losses, despite overall prosperity for larger players. GIFAS is working to help overcome the disparity, and one of its key recommendations is consolidation.  GIFAS’s advice is driven in part by the wish to help smaller companies, but also to contain the problem before it affects production in major programs such as the ...

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