IATA outlook sees suppliers down, but Airbus and Boeing rally on long term outlook - Share Wrap

Some of the largest industry suppliers, including Airbus parent, EADS, as well as Boeing and Rolls Royce, reported positive movements yesterday, despite IATA's revisions to its 2009 industry loss forecast. Airbus CEO, Tom Enders, suggested that the market for aircraft orders is finally beginning to pick up and is maintaining its target of 300 orders for the year, although 2009 conditions are expected to remain tough. The manufacturer confirmed it is in negotiations with "various" carriers for new orders, and expects to announce some new contracts at next week's Paris Air Show.