Firstly, congratulations are in order for Arnaud Fiscel who has been named as Head of Transportation at Bank of China in London. Arnaud already has his feet under the desk and is in charge of all shipping, rail and aviation with a wide-ranging remit. The large engine and aircraft original equipment manufacturers (OEMs) are waging a continual battle to ensure their suppliers deliver quality products on time and on budget. The engine OEMs also manufacturer their own components and parts, however the aircraft OEMs have to date outsourced a much larger proportion of their manufacturing needs than engine OEMs. With

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