The world’s two biggest planemakers, Airbus and Boeing, are forecasting a recovery in demand next year.
Even if the flight operators are not showing much confidence levels, the planemakers are showing lots of confidence. Airbus’s chief operating officer, John Leahy, said he saw the market improving, adding there was no longer talk of cancellations and deferrals. Boeing’s Randy Tinseth, marketing chief for commercial planes, said 2010 would be the year of recovery and airlines would return to profitability in 2011. The comments were both made at the Dubai Airshow.
Mr Tinseth added that the growth would come from the Middle East as well as “China, India and other emerging markets with dynamic populations and growing incomes”.
