Based on the comments managements have made with the earnings reports from companies like Honeywell (NYSE:HON) and General Electric (NYSE:GE), it sounds like the commercial aerospace market is getting back on to its growth trajectory. That's good news for Boeing (NYSE:BA), EADS' Airbus, and the myriad suppliers that serve them, and it puts the bull thesis back into play that it's going to take many years of production growth to satisfy the burgeoning demand for air travel in regions like Asia and Latin America.
I have my doubts, though, as to whether LMI Aerospace (NASDAQ:LMIA) is the right way to play this trend. The company does business with key players like...
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