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home / news releases / AIRI - Air Industries receives $7.4M order for commercial jet engine components

AIRI - Air Industries receives $7.4M order for commercial jet engine components

Air Industries Group
Air Industries ([[AIRI]] -0.4%) has received a $7.4M order for “Thrust Struts,” a critical component of the Geared Turbofan Jet Engine.“Military aviation products dominate Air Industries’ business. In terms of revenue, the Thrust Strut is our largest commercial aviation product. The pandemic’s impact on air travel, and on the commercial aviation business, reduced demand for this product in 2020. This new release supports our sense that a rebound in commercial aviation is occurring sooner than expected,” commented Mr. Lou Melluzzo, CEO of Air Industries.

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Air Industries receives $7.4M order for commercial jet engine components
Stock Information
Company Name: Air Industries Group
Stock Symbol: AIRI
Market: NYSE
Website: airindustriesgroup.com
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