| Kippreport.com

Airbus CEO sees higher 2010 orders -paper

October 27, 2010 1:42 by Reuters

European planemaker Airbus has revised its expected orders to 400 from 300 aircraft for the current year, its chief executive said in an interview with pan-Arab daily al-Hayat.

Tom Enders said the company, whose main rival is Boeing Co , had reviewed the number of orders it expects as it sees an end to the crisis that hit the aircraft sector.

“The crisis could have been more stressful for us if we hadn’t achieved steady growth in Asia,” he said.

Enders also said he saw China as its main future competitor.

“China will become the first in the world in civilian aircraft in the future with a plane that will compete with the A-320 by 2016,”he said.

(Writing by Erika Solomon; Editing by Jason Benham and David Holmes)

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