Magellan Aerospace Corp T.MAL

Alternate Symbol(s): MALJF

Industrials Aerospace & Defense

Magellan Aerospace Corporation is a Canada-based global enterprise company, which is engaged in providing integrated products to the aerospace industry worldwide. The Company designs, engineers and manufactures aeroengine and aerostructure components for aerospace markets, including advanced products for defense and space markets, and complementary specialty products. The Company operates through Aerospace segment, which includes the design, development, manufacture, repair and overhaul, and sale of systems and components for defense and civil aviation. The Company’s products include Engine Cold Section, Engine Hot Section, Engine Shafts, Specialty Materials, Black Brant, RATO Booster Motors, CRV7 Rocket Weapon System, Small Satellite Bus Platforms, Avionics, Manufactured Components and Assemblies and Wire Strike Protection System (WSPS). The Company also supports the aftermarket through the supply of spare parts as well as through repair and overhaul services.

TSX:MAL - Post by User

Magellan Aerospace Corp

Bullboard Posts

Comment by blindpigon Jan 21, 2008 12:16am

149 Views

Post# 14233575

RE: Magellan and Boeing

If MAL cannot make money now they will never be able to. India and China will start to get more and more business for plane parts from the likes of Boeing and Airbus only because they are big customers. Plane buying is politics, and what better way to get your customers to buy more from you then to show them that much content is being produced in your country.

This will leave MAL out in the cold. No money to develop new plants in low cost countries and too high cost structure to compete with them. Their 8% EBITDA margins are telling the story. The bankers already know this and that is why Edwards has to guarantee their loans so that they can get financing at half reasonable rates.

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