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Airbus and Boeing up as Paris Air Show draws closer, Embraer drops on order commentary – Share Wrap

Analysis

After the strong performances by aviation supplier shares on Monday, results were more mixed yesterday. Airbus parent, EADS, rose 2.3% yesterday. CEO, Thomas Enders, stated the manufacturer was not looking for any major orders at this month's Paris Air Show and that hitting its target of 300 aircraft orders would now be a "dream result". The manufacturer expects to meet its 2009 delivery targets, although it "lacks visibility" on 2010, and could slow down aircraft deliveries beyond the end of this year beyond the reductions already planned.

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