08-Apr-2009 4:40 PM

Four planes in three months - Boeing and Airbus report dismal first quarter net orders

Analysis

Formerly high flying Boeing and Airbus have secured a grand total of just four new aircraft orders between them in the first three months of 2009, net of cancellations. It is one of the starkest reminders of the effects of the global economic downturn on the aviation industry.

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Four planes in three months - Boeing and Airbus report dismal first quarter net orders

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