Word: downturn
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...have taken the measures to ensure we will be ready when the business-jet market picks up." But as Merrill Lynch analyst Ronald Epstein points out, Embraer doesn't depend on business-jet sales, and it has invested heavily in regional-jet R. and D. during the market downturn...
...have taken the measures to ensure we will be ready when the business-jet market picks up." But as Merrill Lynch analyst Ronald Epstein points out, Embraer doesn't depend on business-jet sales, and it has invested heavily in regional-jet R and D during the market downturn. Though Embraer's 2002 revenues of $2.5 billion were less than a third of Bombardier Aerospace's, the smaller firm has captured more than a third of the regional-jet market after entering only seven years ago with its 50-seat ERJ135 and has become the fourth largest aircraftmaker. The rivalry...
...home buyers, at a rate of 350,000 each month.) Today's low interest rates not only make RV loans more attractive but also leave buyers feeling wealthier after refinancing their home mortgages. While most of the economy sputtered last year, the RV industry was catapulted out of a downturn and into its second best year since the Iran oil crisis pummeled the business in 1979. The industry tends to be one of the first to recover from a recession; after a gut-punching 2001, factory-to-dealer deliveries jumped 21% last year to 311,000 units, and sales approached...
...goods group, whose brands include Cartier and Montblanc. Even before the Asian flu outbreak - which hits luxury goods by cutting business travel - the company warned profits would be down about 40% because of hard times. Analysts say Richemont hasn't yet instilled the financial discipline needed to weather the downturn. EUROPEAN AIRLINES: Except for some low-cost carriers, Europe's airlines have hit a wall. Passenger traffic was already down 10% since the war began. But SARS could have an even worse effect, said KLM's CEO Leo van Wijk, as the company reported a fresh 3% drop. British Airways...
...economic downturn has made publication decisions more important than ever. Job listings, especially for tenure-track positions, were down 20 percent this year according to the Modern Language Association (MLA). Of course, the fiercer the competition for a diminishing number of purely academic titles, the finer the hairs Sisler and his editors must split when deciding whom to publish—and the greater the power they wield...