Alcoa Inc. has predicted sales will improve across its range of businesses

Alcoa Inc. has predicted sales will improve across its range of businesses this year, from aerospace to beverage cans.

During a second-quarter conference call with analysts Monday, Chairman and CEO Klaus Kleinfeld forecast Alcoa's sales to aerospace businesses would grow about 7 percent in 2011. The aluminum-manufacturing giant sells aluminum plates, sheets and engineered products to the aerospace industry.

During the recent Paris air show, the order volume for Boeing and Airbus more than doubled from a year ago, with a combined backlog of more than 7,300 planes, he said. That translates into about 7.5 years of current production levels.

He also discussed the company's $1 billion, multiyear agreement to supply Airbus with aluminum sheet and plate products, which was announced last month.

QUESTION: What is the timing of your new agreement with Airbus and when do you think it will start appearing on your balance sheet?

ANSWER: The timing depends very much on the build rates in Airbus ... but it's a multiyear contract clearly.


Oakley Sunglasses-The biggest discount oakley sunglasses shop, providing cheap oakley sunglasses, discount oakley sunglasses, wholesale oakley sunglasses, oakley men sunglasses, oakley women sunglasses, we will bring you the best service, safe and efficient to provide the most pleasant shopping environment