Aerospace cost declines

The price of insurance for the aerospace industry looks set to continue to decline in 2010, for the fourth year in a row, according to Aon's Aerospace insurance markets outlook 2010 report.

Aon said that 2009 saw the continuation of decreasing of steady rates for insurance in the aerospace sector. Airports saw a 2% decrease in average cost of premium. Aon added that reduced exposure to

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