New Airbus contracts offset Boeing production issues for aviation firm

Aerospace and defence firms have been benefiting from increased demand for planes as flying hours reach pre-pandemic levels, offsetting production caps at Boeing

'We’ll be able to continue to mitigate any issues with lower sales of Boeing with other sales,' said Senior plc chief executive David Squires. File Picture: Elaine Thompson/AP

Aviation engineering firm Senior plc posted a 10% rise in first-half profits as new and extended contracts with Airbus offset production issues with the Boeing 737 MAX.

A combination of business with Airbus, Spirit Aerosystems, Rolls-Royce, and other aerospace firms helped Senior in the first half, said chief executive David Squires.