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Air travel continues to expand rapidly, leading to the so-called ‘super cycle’ in aerospace manufacturing, and the industries that facilitate this growth, aerospace and aviation, are enjoying sustained high rates of growth. The industry is characterised by long-term supplier relationships as a result of record production backlogs and long in-service times for aircraft and engines.

The military aerospace market is also beginning to grow significantly once more as are the services and technologies that allow crowded airspace and airports to function at maximum capacity, which include passenger management software, air traffic management and passenger screening systems.

The complexity of what is a truly global market with extended international supply chains, unique commercial characteristics and, in some cases, the introduction of new and disruptive technology, makes the challenge of identifying and developing new growth opportunities a complex exercise.

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