Buoyant airliner deliveries and a strong spares market showed through in rising sales and profits at Lucas Aerospace, as the Lucas Varity group presented its first set of annual results after 1996's merger. The aerospace division saw sales grow 8% to £510 million ($829 million) in the new financial year to the end of January, also helped by the acquisition of Boeing cargo systems business. Operating profits grew to £49 million.



Source: Flight International