Norton Rose survey

NORTON ROSE, the London headquartered international legal practice has published an impressive 96 page survey entitled “The way ahead for transport”.  It examines the short and medium term outlook for aviation, shipping and rail in respect of the world wide economic crisis that was at its peak at the time of the study.   Some 961 responses were received, with 150 each from aviation and shipping, the balance in the rail sector.  There is a strong expectation amongst the aviation respondents (90%) that a significant number of cancellations or deferrals of aircraft orders up to the end of 2010 is at least likely.  www.nortonrose.com

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