WORLD NEWS & ANALYSIS
                                
Consolidation Clock May Be Ticking Faster at Snecma
                PARIS State-owned Snecma does not anticipate privatizing anytime soon, although it might pursue any consolidation opportunities that cross its path, according to company executives. The French engine manufacturer just completed an in-depth, in-house restructuring in an effort to streamline operations, cut costs and facilitate additional cross-border alliances.
                By PIERRE SPARACO4 min