Airbus expects lesser orders
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Airbus said amid slower global growth, it expects half as many orders for new planes this year compared to recent years.
John Leahy, Airbus’ chief salesman was quoted saying in an Associated Press report that they are likely to sell about 700 planes this year, down from more than 1,400 orders last year.
“The market, in terms of new orders, will be going down,” Leahy told a press briefing in conjunction with the Singapore Airshow. “We have a record backlog so I would expect to see fewer and fewer orders as the market does cool off a bit.”
“By definition, the whole world is cooling down a little bit,” Leahy was quoted saying.
The 700 planes that Airbus wants to sell will include more than a hundred A350s, a redesigned widebody 300-seat jet, and about 30 units of the A380.
According to the report, Leahy was quoted saying that the past three years had been the peak of plane orders and that manufacturers were now ramping up production to deliver them. Airbus had about 3,600 planes in its order backlog, he said, about the same number as its U.S. rival, Boeing.
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