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No orders expected at Singapore Airshow for major manufacturers

3-Feb-2010 11:58 AM

Airbus and Boeing both commented they expect to receive no new orders at the Singapore Airshow, as the market remains challenging and is still emerging from the recession (Reuters/Bloomberg, 02-Jan-2010). Both manufacturers expect deliveries to outweigh orders in 2010, with Boeing scheduled to deliver 460-465 aircraft and Airbus aiming at a similar level to the 498 it delivered in 2009.

Boeing: "We see 2010 as the year of economic recovery and 2011 a year where airlines recover to profitability and…an increase in demand for airplanes in 2012," Randy Tinseth, VP Marketing. Source: Reuters, 02-Feb-2010.