Airbus sees V shaped recovery, Boeing foreshadows more staff cuts – Suppliers Share Wrap
Airbus’ Executive Vice President Programmes, Tom Williams, stated he believes 2H2011 will see return to aircraft ordering. Speaking to Reuters, the executive stated that 2010 will be a “low” year for ordering, repeating the experience of 2009. But the manufacturer’s strong order backlog, of 3,500 aircraft, and continued strength in deliveries, with more than 450 aircraft due to be delivered this year, will see Airbus through the year.
