Airbus sees recovery in air traffic in 2010
From Reuters US Online Report Business News | 2010-02-03 01:49:25
<div><p>SINGAPORE (Reuters) - Europe's aerospace giant Airbus said on Wednesday it sees a recovery in global traffic volume in 2010, saying the global economy has already recovered from a recession.</p><p>"Everybody was talking about recession... but we actually think we are coming out the other side," Airbus sales chief John Leahy told reporters at the Singapore Airshow.</p><p>A drop in global passenger demand led Airbus, a unit of Aerospace and Defense giant EADS &lt;EAD.PA&gt;, and rival Boeing &lt;BA.N&gt; face their worst annual orders last year in at least 15 years.</p><p>(Reporting by Harry Suhartono and Mariko Katsumura, editing by Saeed Azhar)</p><img src="http://admatch-syndication.mochila.com/images/ad.gif?aid=68359231&bid=informcom" /></div><div id="copyright"><div>
Copyright 2010 <a href="http://www.reuters.com/finance">Reuters US Online Report Business News</a></div></div>
Related Video by 5min
Related Articles
- Cavanal Hill Funds Expands Reach to Investment Adviser and Retail Channels Yahoo! Finance | 2010-03-17 12:06:59
- 5-Star Stocks Helix Energy Motley Fool | 2010-03-17 10:57:40
- 5-Star Stocks Innophos Motley Fool | 2010-03-17 10:25:03
- 4-Star Stocks Poised to Pop: ExxonMobil MSN Money | 2010-03-17 10:10:26
- Weekly Sirius Syndrome Motley Fool | 2010-03-17 14:06:59
- SEC names di Florio head of compliance InvestmentNews | 2010-03-17 13:38:14
Related Blogs
- Men's Wearhouse Beats Estimates, But I'm Not Buying Blogging Stocks | 2010-03-11 16:10:05
Related Video
- Time To Look At Your Investments CBS2 WBBM US & World Video | 2010-03-12 12:59:18