26-Jul-2010 10:49 AM

Farnborough: Airbus' 400 orders target within reach in 2010

Airbus Chief Commercial Officer, John Leahy, stated the manufacturer’s new order target of 400 aircraft is "within reach" (Business Times, 23-Jul-2010). Airbus ended the airshow with firm orders for 133 aircraft and commitments for another 122. Mr Leahey also commented that premium traffic has “turned a corner” (Reuters, 24-Jul-2010).

Airbus: "It looks as though we have turned the corner and that is why we are seeing strong growth. It went down when investment bankers and lawyers got fired, but they got hired back and planes are flying full again," John Leahy, Chief Commercial Officer. Source: Gulf News, 26-Jul-2010.