John Leahy, chief operating officer at Airbus SAS, spoke yesterday about the outlook for global aircraft demand. The world’s largest maker of commercial aircraft said airlines will buy 25,000 planes worth $3.1 trillion over the next 20 years, buoyed by Asian sales and increased demand for single-aisle models. The forecast is 3 percent higher than the 24,300-aircraft, 20- year requirement predicted by Toulouse, France-based Airbus in February 2008. Laurent Rouaud, senior vice president of market and product strategy, and Stefan Schaffrath, head of media relations, also spoke at the news conference in London.
Airbus SAS, the largest maker of commercial aircraft, faces the dilemma of overstretching suppliers to boost single-aisle output or losing sales to Boeing Co. because it can’t produce its bestseller fast enough.
Airbus SAS Chief Operating Officer John Leahy and Erik Pillet, the former human resources director at the European Aeronautic Defence and Space Co. unit, were charged by a Paris investigating judge with insider trading.
Airbus SAS said it’s A330 twin- aisle jet could remain in production for another decade as low- cost airlines led by Ryanair Holdings Plc seek cut-price planes for the introduction of long-haul services.