1.   Demand for new aircraft production is outstripping supply.

2.   If so, are we passengers willing to pay substantially higher fares so that the airlines can continuously purchase new aircraft?

3.   Pilots have begun testing a prototype of the new aircraft.

4.   There is a shortage of capital for building new aircraft.

5.   Therefore, with demand outstripping supply for new aircraft production, existing in-service aircraft are replaced more slowly.

6.   Dowty Aerospace Propellers will supply Lockheed with propellers to be fitted to the new Hercules transport aircraft.

7.   The contract to build propellers for the new Hercules transport aircraft was won in the face of stiff competition from the Americans.

8.   But the new aircraft will have more powerful engines, combined with the Dowty propellers, to give it a greater load carrying capacity and range.

9.   The investment hinges on market research currently being conducted among existing and prospective customers as to whether they favour an upgraded ATP or an entirely new aircraft.

10.   Among manufacturers, aviation giant Boeing Co. is one of the strongest, reflecting worldwide demand for new aircraft.