Airbus and Boeing down on pessimistic 2009 forecast

Airbus parent, EADS, saw its share price drop 6.1% yesterday (11-May-09), after Chief Commercial Officer, John Leahy, stated that the manufacturer is unlikely to reach its target of 300-400 orders this year. Mr Leahy commented that 2009 would be a "slow year" for the aircraft manufacturer. Airbus has booked just 30 orders (after cancellations) in the first four months of the year.